CBN raises Monetary Policy Rate (MPR) to 18%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to
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MONEY MARKET
CBN finally bows to pressure, says old naira notes legal tender
Nearly two weeks after the Supreme Court judgment mandating that the old N,1000 and N500 notes remain legal tender
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CBN introduces open banking
The Central Bank of Nigeria (CBN) has given approval for the operation of Open Banking in Nigeria. Open Banking
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Naira Redesign: Don’t wait for rush hours to deposit old notes, Ecobank advises customers
offers 8% interest on savings Ecobank Nigeria has again called on its customers to approach any of its branches
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Ecobank Group’s digital transactions hit $59.1bn in 9 months
Ecobank Group said it recorded transactions valued at $59.1 billion across its digital channels in the first 9 months
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ICAN speaks on challenges of CBN naira redesign
The Institute of Chartered Accountants of Nigeria (ICAN) has identified five challenges that it says the Central Bank of Nigeria
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CBN pegs daily cash withdrawal through ATM to N20, 000 per day
The Central Bank of Nigeria (CBN) has pegged maximum cash withdrawal per week via Automated Teller Machine (ATM) N100,000
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Fitch downgrades Zenith, GTCO, Firstbank, four other lenders to ‘B-‘
Global rating agency, Fitch Ratings has downgraded the Long-Term Issuer Default Ratings (IDRs) of seven Nigerian banks and two bank
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CBN increases interest rate to 16.5%
The Monetary Policy Committee of (MPC) of the Central Bank of Nigeria (CBN) has hiked monetary policy rate to
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Naira Redesigning: CBN restates commitment to preserving the integrity of the Naira
The Central Bank of Nigeria (CBN) has restated its commitment to preserving the integrity of the naira whilst protecting
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