Rising debt servicing cost can impede growth – CBN
The Central Bank of Nigeria has expressed concern over the rising cost of debt service being incurred by the Federal Government. The CBN, in its
Tag : CBN
Firms expect borrowing, inflation rates to rise – CBN
The Central Bank of Nigeria has said the firms that participated in its latest business expectations survey expect borrowing and inflation rates in the country
FG recorded N409.39bn fiscal deficit in August – CBN
The Federal Government recorded a fiscal deficit of N409.39bn in August, even as its total federally collected revenue rose by 2.7 per cent to N767.55bn.
Consumers expect economy to improve in Q4 2020 –CBN
The Central Bank of Nigeria (CBN) has revealed that the consumers are optimistic of an improved economy in the fourth quarter (Q4) of 2020 and
CBN to drive zero balance account opening
As part of efforts to boost financial inclusion, the Central Bank of Nigeria has said it will promote opening of new accounts with zero balance.
Currency in circulation rose to N2.426tn in September – CBN
Currency in circulation rose by N56.44bn in one month from N2.369tn as of the end of August to N2.426tn as of the end of September.
CBN, ABCON in FX market regulatory, control roles
In recent years, theBureaux De Change (BDCs) have supported Nigeria’s growth agenda, the Central Bank of Nigeria (CBN’s) commitment to exchange rate stability and regulation
CBN: N400bn Out of N600bn Agric Credit Repaid
The Central Bank of Nigeria (CBN) yesterday disclosed that it had recovered over N400 billion out of about N600 billion it lent to farmers in
Currency in circulation dropped to N2.39tn in August – CBN
The currency in circulation dropped by N25.03bn from N2.39tn as of the end of July to N2.36tn as of the end of August, latest figures
CBN, DBN urge MfBs to improve sustainable banking
The Development Bank of Nigeria and the Central Bank of Nigeria have urged microfinance banks and other participating financial institutions to improve their sustainability efforts
