Bank deposits rose by N6.95tn in one year – CBN
Bank deposits rose by N6.95tn between February 2019 and February 2020, the Central Bank of Nigeria said. The CBN disclosed this in its report on
Tag : CBN
Foreign Direct Investment declined by $30m in January – CBN
Foreign Direct Investment dipped by 33.3 per cent which amounted to $30m in January, latest statistics obtained from the Central Bank of Nigeria revealed on
External reserves lose $350m in 2 weeks –CBN
Nigeria’s external reserves lost $350million in two weeks, falling to $34.9billion on April 29 from a high of $35.25billion as of April 16. Figures obtained
External reserves lost $350m in two weeks, says CBN
The country’s external reserves lost $350m in two weeks, falling to $34.9bn on April 29 from a high of $35.25bn as of April 16. Figures
CBN and corporate malpractice cover-up
Until last week, many Nigerians without insider knowledge of what goes on behind the banking halls, thought the country could count on a stable financial
Banks escalate borrowings from CBN by 174% to N2.4trn
***As deposit balance declines 57% ***Cost of funds hits 2yrs high In apparent reflection of the intense scarcity of funds that prevailed in the interbank
CBN, Experts Harp on Collaboration among MFBs on Micro-insurance
The Central Bank of Nigeria (CBN) and financial sector experts have called for collaborative efforts among microfinance banks (MFBs) in order to promote micro-insurance as
Review export proceeds repatriation policy, LCCI tells CBN
It has become imperative for the Central Bank of Nigeria to review its policy on repatriation of export proceeds, the Lagos Chamber of Commerce and
Shareholders task CBN on insider-related credit policies
Shareholders of First Bank of Nigeria Ltd. have tasked the Central Bank of Nigeria (CBN) on policies that would guard against insider-related borrowings by bank
