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‘Bamboo, Nairabet, abokiFX’ — CBN unfreezes bank accounts of 440 persons, companies

    ‘Bamboo, Nairabet, abokiFX’ — CBN unfreezes bank accounts of 440 persons, companies

The Central Bank of Nigeria (CBN) has asked banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit means that all debit

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CBN makes first MPC decision under Tinubu, hikes interest rate to 18.75%

    CBN makes first MPC decision under Tinubu, hikes interest rate to 18.75%

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 18.5 percent to 18.75 percent. CBN’s decision

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MPC meeting, Twitter rebrand… 7 business stories to track this week

    MPC meeting, Twitter rebrand… 7 business stories to track this week

Here are the seven top business stories you need to track this week — July 24 to July 28. CBN TO HOLD MPC MEETING The monetary policy committee (MPC) of

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‘I won’t interfere with case’ — Emefiele asks court to grant him bail

  ‘I won’t interfere with case’ — Emefiele asks court to grant him bail

Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), has asked a federal high court in Lagos to

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Here’s what the numbers are saying one month after naira float

  Here’s what the numbers are saying one month after naira float

It’s been a full month since the Central Bank of Nigeria (CBN) floated the naira. For that whole month, I

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Electricity tariff review, food prices… 7 business stories to track this week

  Electricity tariff review, food prices… 7 business stories to track this week

Here are the seven top business news you need to track this week — July 17 to July 21.  NBS

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Empower banks to provide more loans for SMEs, ex-CIBN boss tells CBN

  Empower banks to provide more loans for SMEs, ex-CIBN boss tells CBN

Okechukwu Unegbu, a former president of the Chartered Institute of Bankers of Nigeria (CIBN), has asked the Central Bank of

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CBN fixes 12 years as maximum tenure for bank MDs

  CBN fixes 12 years as maximum tenure for bank MDs

The Central Bank of Nigeria (CBN) has approved a new code of corporate governance which specified that the tenure of

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New CBN rule requires investors to get approval to acquire 5% stake in holding companies

  New CBN rule requires investors to get approval to acquire 5% stake in holding companies

The Central Bank of Nigeria (CBN) has restricted the acquisition of controlling stakes in financial holding companies (FHCs). The apex

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