Tag: CBN
Banks’ credits to private sector rise by 66% to…
Nigerian banks have created about N30 trillion in new loans and supports for the private sector in a sustained efforts that have seen the...
Amendment of CBN Laws: CIS, ASHON express concerns
Lagos, May 28, 2024 – Stakeholders in the capital market have voiced reservations over the proposed amendments to the Central Bank of Nigeria (CBN)...
Experts advise CBN’s MPC to retain MPR at 24.75%
Abuja, May 20, 2024 – Some experts have advised the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to retain the...
Lawmakers halt implementation of cybersecurity levy
The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately halt the implementation of the cybercrime levy in compliance with...
How CBN concludes sale of N1trn govt securities
The Apex bank, the Central Bank of Nigeria (CBN) says it has concluded a sale of government securities, issuing N1.053 Trillion (US$680 million) in...
Why CBN raises MPR from 18.75% to 22.75% – Cardoso
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) by 400 basis points (bps)...