Tag: CBN

...Says 45% Nigerian Adults Without Bank Account

The $464 million reportedly held by the CBN is the largest amount being withheld by any African country, and in ...

According to him, “The second phase of the project has begun and is intended to drive financial inclusion by onboarding ...

Patrick Iyamabo joined First Bank as part of the effort to strategically turn around the group and address fundamental challenges ...

According to Daniel Awe, Head of AFF, 5,000 participants from the finance community applied for the hackathon and were cut ...

His justification was not well received by the committee, however, as Mark Gbilah (NNPP Benue) claimed that N6.7 trillion had ...

"CBN is aware that the weight of debt will be felt when an economy is in trouble. To ensure price ...

Malami also stated that N596,055,479.47 has already been recovered by an inter-ministerial committee on the audit and recovery of back ...

“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 ...

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, ...