Beneficiaries of CBN intervention funds now to pay 9% interest rate
Beneficiaries of intervention funds of the Central Bank of Nigeria, CBN, will now pay 9% interest rate, up from the ...
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Tag: CBN
Again, investors frustrate FG’s plan to borrow N225bn
For the second consecutive month investors frustrated plans by the Federal Government to borrow N225 billion
Read moreNaira depreciation: Nigeria to record highest inflation rate in 16yrs -Financial Derivatives Company
Following the unprecedented depreciation of the naira to N710 per dollar in July, Nigeria will record the inflation rate of ...
Read more2023 Elections: We won’t allow politicians convert naira to dollars-CBN
The Central Bank of Nigeria, CBN, has said it will now allow politicians to convert the Naira from their accounts ...
Read moreBanks suffer 11% reduction in new loans as customers resist interest rate hike
Nigerian banks suffered an 11% reduction in new loans as customers resisted the upward review of maximum lending rates ...
Read moreEmefiele begs NPA, Customs to help attract $200bn Non-Oil Exports Earnings
My brother Mohammed Bello-Koko, you are here, you have a lot of work to do, we need your support, I ...
Read moreBank customers must provide indemnity letter for transfers above N1m-CBN
Individual bank customers must now provide to their banks indemnity letters for instant transfers above N1 million.
Read moreCBN Eases Cash Deposits, Withdrawals with Bank-Neutral Cash Collection Centres
Emefiele, CBN Governor The Central Bank of Nigeria, CBN in a bid to ease cash deposit and withdrawal for bank ...
Read moreBREAKING: Nigeria’s Inflation Rate Falls To 15.4%
Nigeria’s inflation rate has dropped from 15.99% recorded in the October, 2021 to 15.4% in November, 2021. This was disclosed ...
Read moreCBN devalues naira, Sells dollar to Foreign Investors at to N444/$
Emefiele, CBN Governor The Central Bank of Nigeria, CBN, yesterday, Monday, intervened in the official market (Investors & Exporters) selling ...
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