BusinessNews
CBN continues rates tightening, raises interest rate to 26.75%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday raised the country’s…
Tag: CBN
BusinessNews
BREAKING: Again, CBN raises MPR by 50 basis points
The Monetary Policy Committee, MPC, on Tuesday announced another increase in the country’s Monetary Policy Rate, MPR,…
BusinessNews
CBN implements stricter regulations for dormant accounts, unclaimed funds
The Central Bank of Nigeria, CBN, has implemented stricter regulations for managing dormant accounts and unclaimed financial…
BusinessNews
CBN commences regular FX sales to bridge demand gap
The Central Bank of Nigeria, CBN, has said that it has commenced regular sale of foreign exchange…
BusinessNews
Banking sector needs restructuring, CBN intervention -Experts
Nigerians are underserved and being punished by the inadequacies, inefficiencies and lack of governance in the banking…
BusinessNews
Inflation: CBN measures making positive impacts -Cardoso
The Governor of Central Bank of Nigeria, CBN, Yemi Cardoso, has reassured Nigerians that the bank’s economic…
News
Obazee to Nigerians: Demand accountability with consequences
Jim Obazee, the Special Investigator appointed by President Bola Tinubu to look into the activities of the…
BusinessNews
NOVA Bank begins operations as a national commercial bank
NOVA Bank, formerly known as NOVA Merchant Bank, has officially commenced operations as a National Commercial Bank,…
BusinessNews
Heritage Bank: Why there is delay in payment of customers –NDIC
The Nigeria Deposit Insurance Corporation, NDIC, has said that account names discrepancies in Bank Verification Number, BVN,…
BusinessNews
First Bank confirms appointment of Alebiosu as MD
FBN Holdings Plc has confirmed the appointment of Mr Olusegun Alebiosu as substantive Managing Director/Chief Executive Officer…