CBN promises to address nationwide cash supply shortage
The Central Bank of Nigeria (CBN) has assured banks of a steady cash supply to address shortages nationwide. Cardoso
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MONEY MARKET
CBN raises interest rate again, now to 27.50%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate
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CBN orders payment providers to track all PoS transactions
sets 30-day compliance deadline All Payment Service Providers have been mandated by the Central Bank of Nigeria
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CBN gives payment providers 30 days to commence tracking of POS transactions
The Central Bank of Nigeria (CBN) has issued a 30-day ultimatum to Payment Service Providers (PSPs) in the country
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CBN lifts suspension on bank borrowing, sets 31.75% lending rate
The Central Bank of Nigeria (CBN) has lifted the suspension on banks borrowing from its Standing Lending Facility (SLF)
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CBN revives key economic reports for public transparency
The Central Bank of Nigeria (CBN) has announced the reintroduction of several key economic reports, signaling a renewed commitment to
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CBN approves ProvidusBank, Unity Bank merger
The Central Bank of Nigeria has approved the framework for the merger between Providus Bank Limited and Unity Bank
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Zenith Bank retains top spot as Nigeria’s number one bank by Tier-1 Capital F 15years in the 2024 Top 1000 World Banks’ Ranking
For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by
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CBN raises interest rate to 26.25%
Part of its effort to combat persistent inflation growth and stabilize the Nigerian economy, the Central Bank of Nigeria (CBN)
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Stop charges on cash deposit, CBN directs banks
The Central Bank of Nigeria (CBN) has directed banks to stop charges on cash deposits until September 30,
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