cbn central bank of nigeria

CBN, interest rate

CBN retains Nigeria’s interest rate at 27.50% amid inflation drops

The Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, the same rate as in November last year amid inflation drops. It also retained the Cash Reserve Ratio,

Hosted on MSN · 17h

See more as CBN retains interest rates at 27.5%, 26 banks release savings rates

The Central Bank of Nigeria, Monetary Policy Committee (MPC) has decided to retain the Policy Rate (MPR) which means that banks' lending rate will not change.

Nigerian Tribune on MSN · 17h

JUST IN: CBN retains interest rate at 27.50%, maintains other parameters

Monetary Policy Committee (MPC) has unanimously decided to hold all the parameters.This was announced by the CBN Governor, Mr Olayemi Cardoso, on Thursday during a press briefing in Abuja.In this regard,

Legit on MSN2d

Banking sector in turmoil as CBN goes tough on bank directors

The Central Bank of Nigeria has asked bank directors connected with non-performing insider loans to step downInsider loans ...

LEADERSHIP Newspaper1h

Citing Inflation Moderation, Exchange Stability, CBN Holds Interest Rates At 27.5%

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) took a twist in its year-long inflation chase yesterday by holding all the parameters ...

Vanguard4h

CBN defends hike in ATM withdrawal charges

The Central Bank of Nigeria, CBN, has said that its decision to increase charges on cash withdrawals from ATM of other banks was needed to incentivise banks to ensure improved access to cash at the ...

Legit on MSN22h

Experts React as CBN Tells Bank Directors to Step Down Over Non-Performing Loans

CBN requireing bank directors who had non-performing insider-related debts to quit their jobs right once has drawn reaction ...

Nigerian Tribune on MSN1d

Nigeria: ‘Step down immediately,’ CBN orders bank directors with unpaid insider loans to resign

“Directors with non-performing insider-related facilities are required to step down immediately from the board, while the ...

businessday2d

CBN orders immediate step down of bank directors with insider loans

The CBN has ordered commercial bank directors with non-performing insider related loans, to step down immediately. This was ...

Zawya1d

Nigeria: Publish details of dormant accounts, unclaimed balances, CBN orders banks

Financial institutions are required to display key details such as the names of individuals authorized to operate the ...

AllAfrica.com on MSN2d

Nigeria: CBN Asks Bank Directors With Non-Performing Insider Loans to Resign

The Central Bank of Nigeria (CBN) has directed bank directors with non-performing insider-related loans to step down immediately.

The Nation Newspaper10d

JUST IN: CBN announces new ATM transaction fees effective March 1

The Central Bank of Nigeria (CBN) has revealed new transaction fees for Automated Teller Machines (ATMs), set to take ...

Okay Nigeria4h

US Tariffs Threaten Global Inflation, Nigeria at Risk, Warns CBN Governor

The CBN, in its effort to combat inflation, has decided to hold the Monetary Policy Rate (MPR) at 27.50%, the Cash Reserve Ratio (CRR) for Deposit Money Banks at 50%, and for Merchant Banks at 16%, ...

Nairametrics6d

CBN reassures public of Keystone Bank’s stability amid court-ordered forfeiture

The Central Bank of Nigeria (CBN) has assured the public that Keystone Bank Limited remains stable and fully operational despite ...

legit on MSN1d

CBN Gives New Instruction to Zenith Bank, UBA, Others as Banks Set to Implement New Withdrawal Limit

The CBN has recommended banks to ensure that their customers can access cash at their ATMs as the increase in transaction ...

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