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…
Tag: CBN
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…
Cardoso: No Turning Back on CBN’s Confidence Building, Orthodox Monetary Policy, Transparency, Others
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has stated that there is no going back…
CBN Denies Introducing N5,000 and N10,000 Banknotes, Labels Viral Circular Fake
Yemi Obafemi The Central Bank of Nigeria (CBN) has dismissed claims of introducing N5,000 and N10,000 banknotes, stating that the…
NDIC provides update on payment of Uninsured sum to depositors of Heritage Bank
Prudence Eboagwu-Ijah The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that the Corporation has intensified efforts to ensure timely payments…
Cardoso: National Theatre Catalyst to Unlocking $25bn Potential in Creative Industry
Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso, has said revamping the National Arts Theatre would be a spur…
CBN: Credit Access, Insecurity Major Hurdles for Nigerian businesses
Yemi Obafemi A survey report by the Central Bank of Nigeria has revealed that firms identified high bank charges, inadequate…
In CBN Survey, Businesses Foresee Stronger Naira in 2025
The December 2024 Business Expectations Survey (BES) conducted by the Central Bank of Nigeria (CBN) has revealed a wave of…
CBN’s New Financial Products Aim to Tap into Diaspora’s Economic Power
Victoria Mbangwa The Central Bank of Nigeria (CBN) has introduced two innovative financial products targeting Nigerians in the diaspora, signaling…