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Tag: CBN

CBN risking financial instability with rate hikes — IMF

The International Monetary Fund has warned that Nigeria and other emerging economies…

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Reason CBN needs to adopt blockchain- Osinbanjo

Osinbajo has stated that Nigeria may need to further broaden the scope…

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Foreign education gulped $609.5m in eight months — CBN

Nigerians spent $609.5m on foreign education between January and August 2022, The…

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CBN loans to FG hit N22tn, analysts kick

The Federal Government borrowed N1.46tn from the Central Bank of Nigeria through…

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Fintechs disrupting banking sector, CBN will continue to guide them — Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says financial…

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CBN, NIBSS alarmed over rising Internet fraud

Banks only interested in profits – Interpol The disturbing rate of Internet…

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CBN lends N9.3tn to businesses, manufacturers take 31%

The Central Bank of Nigeria has lent N9.3tn to businesses out of…

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Why MPR was increased – CBN

The Central Bank of Nigeria says its Monetary Policy Committee’s decision to…

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CBN lends N9.3tn to businesses, slows down intervention

The Central Bank of Nigeria has lent N9.3tn to businesses, recovering N3.7tn…

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Businesses face crunch, CBN raises rate to 15.5%

•It’s a panic measure, NACCIMA, others•Rate hike’ll worsen cost of capital –…

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