MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "cbn"

Strategic Capital Investment acquires Polaris Bank, to repay CBN’s capital injection

    Strategic Capital Investment acquires Polaris Bank, to repay CBN’s capital injection

The Central Bank of Nigeria (CBN) says it has completed the sales of Polaris Bank to Strategic Capital Investment Limited (SCIL), a new core investor. Osita Nwanisobi, director of corporate

0 comment Read Full Article

CBN: We’ve put policies in place to tackle naira depreciation

    CBN: We’ve put policies in place to tackle naira depreciation

The Central Bank of Nigeria (CBN) says it has established policies to address the persistent depreciation of the naira. The local currency currently exchanges N440/$1 at the official market but N751/1$

0 comment Read Full Article

FG to repay N20trn ‘Ways and Means’ loan with treasury bills

    FG to repay N20trn ‘Ways and Means’ loan with treasury bills

The federal government says it will repay the N20 trillion debt owed to the Central Bank of Nigeria (CBN) with securities such as treasury bills and bonds issuance. Zainab Ahmed,

0 comment Read Full Article

Wike: Abia, Benue were denied CBN loans because their governors supported me against Ayu

    Wike: Abia, Benue were denied CBN loans because their governors supported me against Ayu

Nyesom Wike, governor of Rivers, has alleged that Abia and Benue states was denied loans by the Central Bank of Nigerian (CBN) because their governors “supported” the call for Iyorchia

0 comment Read Full Article

‘DMO understating Nigeria’s debt’ — Agora Policy says CBN’s lending to FG increased by 7,000% since 2014

  ‘DMO understating Nigeria’s debt’ — Agora Policy says CBN’s lending to FG increased by 7,000% since 2014

Agora Policy, an Abuja-based think tank set up to find practical solutions to urgent national challenges, says Nigeria’s domestic debt

0 comment Read Full Article

‘Process should be transparent’ — Reps ask CBN to suspend proposed Polaris Bank sale

  ‘Process should be transparent’ — Reps ask CBN to suspend proposed Polaris Bank sale

The house of representatives has asked the Central Bank of Nigeria (CBN) to suspend the proposed sale of Polaris Bank

0 comment Read Full Article

Provide details on proposed Polaris Bank sale, Falana tells CBN

  Provide details on proposed Polaris Bank sale, Falana tells CBN

Femi Falana, human rights lawyer, has asked the Central Bank Of Nigeria (CBN) to provide “detailed information” on the proposed

0 comment Read Full Article

CBN: We’ve disbursed N66bn for projects in manufacturing, agricultural sectors

  CBN: We’ve disbursed N66bn for projects in manufacturing, agricultural sectors

The Central Bank of Nigeria (CBN) says it released the sum of ₦66.99 billion for 12 projects in the manufacturing

0 comment Read Full Article

CBN raises interest rate to 15.5% to tame rising inflation

  CBN raises interest rate to 15.5% to tame rising inflation

The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate,

0 comment Read Full Article
error: Content is protected from copying.