CBN Archives - Page 20 of 50

S/East Stakeholders Allege Corruption In SMEs Funding

November 20, 2019 0

Leaders of civil society and Community Based Organisations (CBOs) in the South East states have called for transparency in the disbursement of funds

CBN Implores African Countries On Human Capital Development

November 5, 2019 0

As part of measures to compete globally, the Central Bank of Nigeria (CBN) on Monday urged African countries to invest in human capital development.

CBN Moves To Recover N36bn Loan from Farmers In North-East

November 4, 2019 0

The Central Bank of Nigeria (CBN) has put in place a task force in all local governments in the Northeast to recover N36 billion advanced to farmers.

Economy: CBN’s Unconventional Growth Policy Paying Off —Emefiele

November 2, 2019 0

Central Bank of Nigeria Governor, Godwin Emefiele has said that ensuring price stability and growing the nation’s economy through unconventional policy is paying off.

CBN To Spend N100bn On Textile Industry Revival

October 30, 2019 0

Governor of Central Bank of Nigeria (CBN) Godwin Emefiele said, on Tuesday, that the bank intended to deploy as much as N100 billion loans in its bid to revive ailing cotton and textile (CTG) industry.

CBN Lists Conditions For Banks’ Offering Of Currency Processing Services

October 29, 2019 0

Banks desirous of providing currency processing and distribution services are expected to jointly collaborate with two or more of their peers to float a subsidiary company, the Central Bank of Nigeria (CBN) has stated.

Report Reveals Rise In Consumer Confidence

October 23, 2019 0

Consumers’ overall confidence outlook rose in the third quarter of 2019, as more consumers were optimistic in their outlook.

CBN Opposes MTN Over Mobile Banking Transaction Access

October 21, 2019 0

The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has kicked against MTN Nigeria’s plan to start charging its subscribers for Unstructured Supplementary Service Data access to banking services from Monday (today).

Stress Test: Banks In Secret Merger Talks

October 21, 2019 0

Merger and acquisition talks are quietly going on in the banking industry, especially among the seven deposit money banks (DMBs) that failed the mandatory stress test on funding adequacy.

CBN To Go Tough On Banks Over Loan To Deposit Ratio

October 19, 2019 0

The Central Bank of Nigeria said it would sanction banks and their customers over fraudulent deals intended to circumvent the loan to deposit ratio policy.