Nigeria’s central bank unveils guidelines for long-term lending to agric, manufacturing sectors
The Central Bank of Nigeria (CBN) has unveiled plans to increase flow of credit to the real sector of the ...
Wednesday, April 1, 2026
Tag: CBN
Nigerian banks’ loans to private sector drop marginally 1.6% q-o-q in Q2 2018
Lending by Nigerian banks to the private sector dropped marginally by 1.6 percent from N15.6 trillion allocated within the first ...
South Africa central bank lowers growth expectations for 2018
South Africa’s central bank Wednesday projected that economic growth this year will be “much lower” than initial expectations. The central ...
CBN boosts wholesale forex market, others with $210m
The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting yet another ...
FDC predicts Q2 GDP to remain relatively flat as output indicators contract
In an early Q2 gross domestic product growth (GDP) call, analysts at Financial Derivative Company (FDC) are predicting that based ...
Street forex market stable as dollar trades at N360
The naira on Tuesday remained stable at the parallel market in Lagos exchanging at N360 to the dollar. The Nigerian ...
Rates may trend higher as market expects OMO mop-up this week
IN THE ABSENCE OF CBN’s frequent open market operation (OMO) mop-ups last week, which saw activities in the money market ...
The rise of unregulated payday lenders: A ticking time bomb!
It was supposed to be a serene and calm worship service at my local community church one Sunday, but angry ...
The cheat highway: How banks defraud their customers
Obviously, the hint of being cheated a kobo out of your hard earned money would elicit rage that is literally ...
Nigeria’s president Buhari appoints Shonubi as CBN deputy governor
President Muhammadu Buhari has appointed Folashodun Adebisi Shonubi, managing director of the Nigeria Inter-Bank Settlement System Plc (NIBSS), as deputy ...
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