CBN Slashes Banks’ Lending Capacity, Reduces Loan-to-Deposit Ratio to 50%
The Central Bank of Nigeria (CBN) has announced a reduction in the…
CBN Prohibits Use of Foreign Currency Collaterals for Naira Loans
The Central Bank of Nigeria (CBN) has issued a directive to all…
CBN Sells Dollars to BDCs at N1,101/$1, Limits Spread to 1.5%
The Central Bank of Nigeria (CBN) has announced the sale of dollars…
CBN Probe: Tinubu Commends Jim Obazee
President Bola Tinubu has expressed commendation for Jim Obazee as he wraps…
CBN Lifts Restrictions on Pan African Payment and Settlement System Transactions
The Central Bank of Nigeria (CBN) has announced the removal of limits…
Naira Gains Strength as CBN Announces $1.5 Billion Forex Influx in March
The Central Bank of Nigeria (CBN) has announced that the Nigerian economy…
Minimum Capital Requirement for Banks in Nigeria: What You Should Know
The Central Bank of Nigeria (CBN) has recently updated the minimum capital…
CBN Raises Capital Base Requirements for Nigerian Banks in Major Reform
The Central Bank of Nigeria (CBN) has announced a significant increase in…
