Cardoso: CBN Committed to Economic Stability, Stronger Banks, More Investment Inflows
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reaffirmed the apex bank’s commitment to driving…
Tag: CBN
CBN Directs Banks to Submit Capital Plans, Gives 10 Days Deadline
As part of its broader strategy to stabilise the financial system and phase out pandemic-era reliefs, the Central Bank of…
CBN Affirms strength of Nigerian Banking Sector, Issues Routine Guidance for Banks Under Forbearance
In a move aimed at calming market jitters and ensure smooth transition from regulatory forbearance, the Central Bank of Nigeria…
In CBN’s Return to Orthodoxy, FirstHoldco Faces $887m Exposure
The decisive return to orthodox monetary policy by the Central Bank of Nigeria (CBN) and its roll out of stringent…
Mixed Reactions Trail CBN’s Directive Suspending Banks’ Dividends, Bonuses
Mixed Reactions have trailed last weekend’s directive by the Central Bank of Nigeria (CBN) to banks under regulatory forbearance to…
Recapitalisation: Banks in Race to Scale CBN’s Hurdle
*Apex bank upbeat With exactly 296 days to the March 31, 2026, deadline set by the Central Bank of Nigeria…
CBN Retains MPR at 27.50% Amid Inflation Moderation, Improved Macroeconomic Thresholds
The Central Bank of Nigeria (CBN) yesterday resolved to leave the monetary policy parameters, including the Monetary Policy Rate (MPR),…
CBN Grows Operating Income to N15.23 Trillion, Assets Hit N117.60 Trillion in 2024
*Records N38.8bn profit, recovers from N1.15tn loss in 2023 *Court refuses to stop apex bank E-naira trademark usage The Central…
IMF, Cardoso, Edun Pledge to Scale Up Social Spending, Improve Food Security in Nigeria
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, the Governor; Central Bank of Nigeria (CBN), Mr. Olayemi…
Despite Economic Challenges, 10 Banks Granted N65.6 Trillion Loans to Customers
Amid macro-economic challenges and competition with Fintechs, 10 Nigerian banks operating in the country, Sub-Sahara Africa countries (SSA) and other…