Tag: CBN

“The bank has since stabilized its operations following the intervention, improving its balance sheet, customer base, and profitability.

"Banks are supposed to approach the CBN on behalf of their customers to solve these problems; the commercial banks lend ...

TAJBank Limited operates under Islamic banking principles and is the second non-interest bank established in Nigeria, headquartered in Abuja.

“The time has come for us to look holistically into what is happening. What is happening to the dollar is ...

New interest rate will exacerbate the intensity of idle capital assets, worsen the already declining profit margin and heighten the ...

The nominees are: Prof. Justitia Nnabuko (South-East), Prof. Ummu Jalingo (North-East), Mr Adeola Adetunji (South-West), Prof. Mike Obadan (South-South).

CBN is saddled with the duty and responsibility of promoting a sound financial system in Nigeria.

The CBN's Monetary Policy Committee had previously in May increased the interest rate to 13 percent from 11.5 percent. It was the ...

The report shows that the growth rate in banking sector credit to the government was faster than private sector credit, ...

The Apex bank noted that ignoring the rules guiding e-payment product development will henceforth attract sanctions. 

“The effective date for full compliance with the provisions of the guidelines is Jan. 1, 2023.

“Despite the urgency, the authorities’ response over the last two years has not been adequate, and inflation has increased and ...

The hackathon structure will be hybrid (physical and virtual). The physical event will hold in AFF premises for Lagos and ...

Nigerian government develops this policy to protect local industries against foreign competition by means of tariffs, subsidies, import quotas, or other ...

This POS agent model now needs to die. It has outlived its usefulness in Nigeria. Maybe PSB is what will ...