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CBN Refutes Charging Of N10,000 on Covid-19 Loan Applications

The Central Bank of Nigeria (CBN) has said it does not charge N10,000 on Covid-19 loan applications, stressing that N50 billion Targeted Credit Facility...

Fidelity Bank Announces 24% Growth In PAT To N28.4bn

 ...Proposes Dividend Of 20k Per Share Fidelity bank plc has announced 24 per cent increase in Profit After Tax for 2019 audited financial year result...

Coronavirus : CBN Sets to Revamp Economy with N3.5trn intervention

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has said the apex bank in collaboration with bankers committee are set to revamp...

Awosika To Emerge As Access Bank Chairman by 2020

Access Bank Plc on Tuesday announced the appointed of Mrs. Ajoritsedere Awosika as the new Chairman of its board with effect from 2020 as...

CBN Reviews LDR Target Upwards To 65%

...Banks required to attain LDR of 65% in 3 Months In furtherance for deposit Money Banks (DMBs) to support the real sector, the Central Bank...

BREAKING NEWS: CBN’s MPC Holds Key Policy Rates Constant

The Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) concluded on Friday voted to hold all policy parameters constant as follows; ...

BREAKING NEWS: At 11.02%, Inflation Depreciates Year Low in August- NBS

The National Bureau of Statistics (NBS) has said the nation’s inflation rate dropped to 11.02 per cent (year-on-year) in August 2019, a 0.06 per...

CBN Warns Nigerians to Beware of Fraudulent Loan Offers

The Central Bank of Nigeria (CBN) on Monday warned loan seekers and owners of small-scale businesses to beware of fraudulent loan offers purportedly by...

Banks to Monitor Unpaid Loans With Deposit in Other Banks-CBN, Bankers’...

In an effort to aid reduction of credit aversion by the banks, and help banks that are yet to meet the required Loans to...

Access To FX For Food Imports:  CBN to Ban More Items-...

Following the federal government proposed plans to banned food items access to foreign exchange(FX), the Governor of Central Bank of Nigeria (CBN), Mr. Godwin...
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