Interest rate cut, bank recapitalisation headway — A look at CBN MPC 304th meeting outcome
The Central Bank of Nigeria had its 304th Monetary Policy Committee, MPC, meeting on Tuesday in Abuja. The Apex Bank ...
Tag: CBN
What CBN upgrading of Opay, Kuda, Moniepoint, others to national entities means for fintechs and their customers
As the banking sector continues to witness the proliferation of fintechs and the astronomical growth in their operations and contributions ...
TRAIL OF ROLLBACKS: From FERMA to NTA — Inside Tinubu’s wave of appointment reversals and what they mean for public agencies
When President Bola Tinubu assumed office in May 2023, he began making key appointments across federal boards and agencies. Several ...
BREAKING: CBN retains interest rate at 27.5%, says eight banks meet recapitalisation targets
Cardoso says 8 banks have met CBN’s recapitalisation benchmark, with others working hard to meet the requirement soon. Central Bank ...
Illegal sale of naira distorting currency value — CBN governor
He called for strict measures to prosecute offenders, stressing that law enforcement must curb illegal naira trading and financial crimes. ...
Reps order CBN to suspend ATM charges hike, stoppage of free withdrawals
The legislative body asserted that the new CBN policies on ATM use will put a strain on the finances of ...
CBN appoints 16 new directors – after nine months
The new appointees will oversee banking supervision, payment systems, and consumer protection, areas critical to Nigeria’s financial sector The Central ...
Rivers Crisis: Supreme Court judgment will be wholly implemented – Fubara
Fubara, who said the State has been plunged into tough times by the court ruling, implored residents to go about ...
Ways and Means: CBN frustrating probe into illegal printing of N30tn – Senate
He said the committee was instructed to probe how the Ways and Means facility was spent by the past administration, ...
SERAP drags CBN to court over ‘unlawful, unreasonable ATM fee hike’
The human rights watchdog described the hike as "patently unlawful, unfair, unreasonable and unjust." Socio-Economic Rights and Accountability Project (SERAP) ...
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