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Drop Your Arms And Embrace Anchor Borrowers’ Programme – CBN Gov Appeals To Bandits

Central Bank’s Governor Godwin Emefiele has appealed to bandits to drop their arms and embrace the Federal Government’s initiative, Anchor Borrowers’ Programme (ABP).Emefiele while...

BREAKING: CBN Retains Monetary Policy Rates At 11.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has again voted to retain the monetary policy rate at 11.5 percent.The...

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...

CBN should pay N100m Ransom before it’s too late – Sheik Gumi

An Islamic cleric, Sheik Ahmad Gumi, on Tuesday urged government not to take the threat by the kidnappers of students of Greenfield University, Kaduna...

CBN fires First Bank Directors, Reinstates Adeduntan as MD

The Central Bank of Nigeria (CBN) has sacked all board members/directors of First Bank Holding and First Bank Nigeria Limited.CBN Governor, Godwin Emefiele, announced...

CBN To Demand Payback Of Budget Support Loans From States, Says Emefiele

State governments will start paying back the loans provided to them between 2015 and 2016 by the Central Bank of Nigeria (CBN).The apex bank...

Why Nigeria cannot stop borrowing – CBN Explains

The Central Bank of Nigeria, CBN, has insisted that Nigeria can’t stop borrowing, mainly when it’s necessary.Mr Godwin Emefiele, the CBN Governor, disclosed this...

CBN secures court order to freeze 11 bank accounts over suspicious activities

The Central Bank of Nigeria says it has secured an order from the Federal High Court in Abuja to freeze eleven accounts belonging to...

CBN Retains Monetary Policy Rate At 11.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate at 11.5 percent.The announcement...

CBN Imposes ₦6.98 Charge For USSD Transactions

The Central Bank of Nigeria (CBN) has imposed ₦6.98 service charge on Nigerians for all USSD transactions.Customers will pay a flat fee of N6.98...

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