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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...

Moghalu, Ezekwesili Kick Over Buhari’s Directive to Ban FX for Food...

Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu and Former minister of education, Oby Ezekwesili have expressed dissatisfaction over President...

CBN Injects $280.04m, CNY 28.3m Into Retail SMIS

…as Foreign Reserves Drop to $44.69bn The Retail Secondary Market Intervention Sales (SMIS) has received a boost of $280.04million from the Central Bank of Nigeria...

Inter-Bank Forex Market: CBN Intervenes With $210m

The Nigerian inter-bank foreign exchange market received another boost of $210 million from the Central Bank of Nigeria (CBN) on Tuesday. Figures obtained from the...
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