COVID-19: CBN Offers Reliefs On OFIs Sector Loans
Drops annual interest rates from 9% to 5% Holds MPC meeting Thursday, May 28 BY VICTOR OSOWOCHI, ABUJA – The Central Bank of Nigeria (CBN) has reduced interest rates on…
Isaac Okoroafor
CACOVID-19 Special Fund Now N19.49bn
Dangote, CBN lead pack with N2bn each BY COBHAM NSA, ABUJA – Nigeria Private Sector Coalition Against COVID-19 (CACOVID-19) Special Relief Fund is growing in leaps and bounds with the…
CBN Explains Domiciliary Accounts’ Operations
BY EDMOND ODOK, ABUJA – The Central Bank of Nigeria (CBN) has officially cleared the air on issues surrounding the operations of domiciliary accounts in Nigeria. A statement issued in…
New Year Succour For Banks’ Customers
As CBN cuts charges in revised guidelines BY EDMOND ODOK, ABUJA – The Central Bank of Nigeria (CBN) has moved to address customers’ concerns over numerous banks’ charges by slashing…
CBN Boosts Forex Market With $210m
BY EDMOND ODOK, ABUJA – The Central Bank of Nigeria (CBN) has boosted the Nigerian Inter-Bank Foreign Exchange market with 210 million dollars following the conclusion of transactions on Tuesday…
CBN Injects $298.71m Into Retail Market
Isaac Okorafor, CBN’s Director, Corporate CommunicationsThe Central Bank of Nigeria (CBN) has made another intervention of 298.71million dollars into the retail Secondary Market Intervention Sales (SMIS). According to the Director…
Emefiele Flags-off 2nd Term As CBN Gov, Says New 5-year Roadmap Coming!
BY COBHAM NSA, ABUJA – The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, has flagged-off his second five year tenure, pledging to unveil a fresh roadmap for the…
CBN Dismisses Reports On Stolen, Missing Funds
BY COBHAM NSA, ABUJA – The Central Bank of Nigeria (CBN) has given itself a clean bill of health, dismissing media reports of stolen or missing funds from its coffers…