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 ...
Friday, May 15, 2026
Tag: CBN
CBN to resume dollar sale to BDCs on international flight restart
BY: Moses olajuwon Obajemu The Central Bank of Nigeria (CBN) will resume the sale of foreign exchange (dollar) to bureau ...
Nigeria’s banks not getting fair deal from regulators during pandemic-Fitch
BY: Moses olajuwon Obajemu Leading global rating agency, Fitch Ratings, has said the Central Bank of Nigeria punishes rather ...
Reps unhappy as CBN fails to account for $11bn power funds disbursement
BY:Â Moses olajuwon Obajemu The Central Bank of Nigeria could not give full details of the withdrawal of the sum ...
The fall continues as Foreign reserves shed $673.13m in two months
There is no respite for the naira as the country’s foreign reserves shed $673.13m, plunging from $36.57bn on June 1 ...
Manufacturing activities decline in July — CBN
Manufacturing activities in the country contracted in the month of July, dropping below the 50 index points for the third ...
CBN’s July PMI in at 44.9 points, key sectors contract 3 months in a row
 Charles Abuede Central Bank of Nigeria’s (CBN’s) July manufacturing Purchasing Managers’ Index, an economic measure of the prevailing trends ...
Debt recoveries, write offs, others boost banks’ assets, non-performing loans down to N1.2tn
The various prudential rules laid down for banks by the Central Bank of Nigeria are producing the desired results as ...
Foreign reserves dip by $86m
By Moses Obajemu The CBN's foreign reserves sustained its descent as forex outflows continue to outpace inflows, thus dipping by ...
We don’t know NIRSAL’s eligibility criteria for CBN intervention funds, we didn’t get it, SMEs lament
The dust generated by the alleged refusal of NIRSAL Microfinance Bank to disburse the N50 billion CBN Covid-19 intervention fund ...
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