CBN says IMTOs flouting regulation on remittances, issues additional guidelines
By Charles Abuede The Central Bank of Nigeria (CBN) has expressed discomfort at the practices of major market participants ...
Saturday, March 28, 2026
Tag: CBN
Nestle, Zenith, GTB, market bellwethers, buoy Nigerian bourse to close green
By Charles Abuede Market capitalisation increased by N140 billion to N18.6 trillion With the equities market continuing to ...
NBS reports 6% Nigeria banking sector loan growth to N19.87trn in Q3’20
By Charles Abuede Report points that growth in loans from banks not expected until economic activities pick up significantly ...
Nigeria’s inflation reaches 34-month high at 14.89% in November, amid yuletide
By Charles Abuede Food, core inflation rise to 18.30%, 11.05% in line with analysts’ expectations With the festive period ...
Naira steady on street but CBN’s Special Bills leave market adrift in search of direction
By Charles Abuede Fixed income market in bearish posture Prevailing uncertainty in the market and recent sell-offs expected to impact ...
Smallholder farmers get CBN’s N200bn under ABP for 2020 wet season farming
Onome Amuge The Central Bank of Nigeria (CBN) has disclosed it has disbursed over N200 billion to smallholder farmers under ...
CBN’s N200bn fund to fast track 300,000 homes across 36 states, FCT
Charles Abuede To fund mass housing construction Targets 900,000 children, adults in 36 states, FCT 5m direct construction, 1m supply ...
CBN prescribes N5bn minimum capital base for payment service banks
The Central Bank of Nigeria (CBN) has set a minimum capital base of N5 billion for payment service banks (PSBs) ...
Banks, firms groan as forex scarcity affects payment obligations
BY: Moses olajuwon Obajemu Banks and other firms in the country have been groaning over their inability to raise enough ...
Fitch warns CRR will crash banks’ returns
BY:Moses olajuwon Obajemu Fitch Ratings has sounded the alarm that the cash reserve ratio (CRR) policy being implemented by the ...
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