CBN Archives - Page 11 of 50

CBN Explains N9.3tn Loans To Businesses, Slow Down In Intervention

September 28, 2022 0

The Central Bank of Nigeria has said that, the bank's loan of N9.3tn to businesses was part of its policy to drive economic growth in the domestic economy, saying so far it has recovered N3.7tn from it.

BREAKING: CBN Raises Interest Rate To 15.5%

September 27, 2022 0

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has again increased the monetary interest rate (official interest rate) by 150 basis point at the September edition of its bi-monthly meeting.

CBN, UBA, Fidelity, Shippers’ Council,Others Harp On Trade Facilitation

September 18, 2022 0

Trade facilitation took the centre stage, in Lagos, on Saturday as key stakeholders brainstorm on challenges, existing modalities and gains recorded so far.

Hash Economy: CBN, Finance Ministry Should Review Economy, Up Purchasing Power Of Nigerians-ISAN

September 10, 2022 0

The Central Bank of Nigeria(CBN) and the Ministry of Finance have been called upon as a matter of urgency to execute a comprehensive review of the economy with the view of upping the purchasing power parity of Nigerians.

Anchor Borrowers Programme: CBN To Give More Support To Ogun Commodity Farmers

September 9, 2022 0

The Central Bank of Nigeria (CBN) has declared its readiness to give more support to members of the Ogun Famers and Commodity Association in its Anchor Borrowers Programme.

CBN, NEXIM, Others Reiterate Commitment To Improved Export Earnings

September 6, 2022 0

The Central Bank of Nigeria (CBN), the Nigeria Export Import (NEXIM) Bank the Nigeria Sovereign Investment Authority (NSIA) and Heritage Bank PLC have reiterated their commitment towards improved local productive activities that will boost the country's export earnings.

Access Bank Leading Sustainable Banking In Nigeria – DMD

September 1, 2022 0

Access Bank PLC is at the forefront of Sustainable Banking in Nigeria, the Deputy Managing Director, Ms.. Chizoba Okolie has said.

CBN Releases $265 Million To Airlines To Save Aviation Sector Crisis

August 27, 2022 0

The Central Bank of Nigeria (CBN) on Friday, August 26, 2022, released the sum of $265 million to airlines operating in the country, to settle outstanding ticket sales.

CBN Unveils e-Naira Code In Kano

August 25, 2022 0

The Central Bank of Nigeria (CBN) has unveiled the *997# USSD code in Kano to reduce the use of cash in commercial activities in the country.

CBN Cautions On Speculative Activities …Vows To Stop Naira Fall

July 30, 2022 0

Against the rise in cost of forex, the Central Bank of Nigeria has caution Nigerians to resist the urge of succumbing to speculative activities of some players in the foreign exchange market in the face of rising demand for foreign exchange for both goods and services by Nigerians.