CBN
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CBN Injects $297.92 into Secondary Market
The Central Bank of Nigeria (CBN), has injected 297.92 million dollars into the retail Secondary Market Intervention Sales (SMIS).
Read More » - BUSINESS
CBN to Establish Heart, Cancer Diagnostic Centres in Six Geo-political Zones
The Central Bank of Nigeria (CBN), says it will build diagnostic centres in the six geopolitical zones of the country…
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Don’t Lend to Unbankable Projects to meet CBN’s 60% LDR Target, LCCI Warns Banks
In order to avoid toxic assets and Non-performing Loans, the Lagos Chamber of Commerce and Industry (LCCI) has warned Deposit…
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CBN Boosts Inter-Bank Forex Market With $210 Million
The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into the inter-bank Foreign Exchange (forex)…
Read More » - BRAND REPORT
What CBN’s Loan-to-deposit Ratio Policy Portends for Banking Sector by Zenith Bank MD
The Chief Executive Officer of Zenith Bank Plc, Ebenezer Onyeagwu has explained the implications of the CBN’s loan-to-deposit policy for…
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CBN to begin monthly monitoring of banks’ LDRs from September 30
The Central Bank of Nigeria on Tuesday, July 23, 2019 said it will from September 30, 2019, begin a monthly…
Read More » - BRAND REPORT
Titan Trust Bank, two others Bag CBN Licenses
The Central Bank of Nigeria (CBN) has finally confirmed the licensing of three new banks. This is revealed in the information obtained…
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Access Bank’s Chief supports CBN’s new policy to encourage lending
Access Bank Plc’s Chief Executive Officer (CEO), Herbert Wigwe, has thrown his weight behind the new policy the Central Bank of…
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No More Interest Payment on Bank Deposits Exceeding N2 billion, Says CBN
As part of its effort to stimulate lending to the real sector of the economy, the Central Bank of Nigeria has directed…
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Central bank moves towards unified naira exchange rate
The Central Bank of Nigeria signaled it will allow the naira to weaken past its official rate as it gradually…
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