x
- Advertisement -spot_img

TAG

Central Bank of Nigeria (CBN)

Nigerian Banks Begin Repaying ₦200 Billion Ussd Debt as Telcos Express Concerns Over Delay

Recent reports indicate that nigerian banks have initiated the repayment of a ₦200 billion debt owed to telecom companies, as agreed upon in late...

Stock Market Investors Gain ₦15.3 Trillion in Five Months Amid Economic Challenges

Despite facing significant economic challenges, investors in Nigeria's stock market gained a total of ₦15.25 trillion in the first five months of 2024, according...

**CBN Addresses Nigerians on Naira Depreciation**

By Daniel EduOlayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), represented by Dr. Usman Opanachi, has urged Nigerians to exercise patience...

“Banks’ Borrowings from CBN Surge 559% to N376.6 Billion”

By Daniel EduRecent data from the Central Bank of Nigeria (CBN) reveals a substantial increase in banks' reliance on the apex bank for liquidity....

Ex-CBN Deputy Governor Urges 50% Pay Cut for Politicians

By  Milcah   TanimuProfessor Kingsley Moghalu, former Deputy Governor of the Central Bank of Nigeria (CBN), has called for a substantial reduction in the salaries...

CBN’s Loans to Manufacturers and Power Firms Reach N5.6 Trillion

By Daniel EduThe Central Bank of Nigeria (CBN) has provided a total of N5.6 trillion in soft loans to the power, manufacturing, and aviation...

CBN and Subsidiary Spent N74 Billion on Currency Production and Redesign in 2022

By Daniel EduThe Central Bank of Nigeria (CBN) and its subsidiary, the Nigerian Security Printing and Minting Plc, expended a total of N74.84 billion...

N6.9bn Procurement Scandal: Federal Government to Bring Charges Against Emefiele and Associates on Thursday

By Daniel EduThe suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, and his associates are set to be arraigned by the...

Latest news

- Advertisement -spot_img