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Tag "central bank of nigeria"

Bank loans to private sector declines by N600bn in 18 months

    Bank loans to private sector declines by N600bn in 18 months

The total loans granted by banks to the private sector declined by N600.60 billion, from N16 trillion in the first quarter of 2017 to N15.34 trillion, in the second quarter

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Tech companies, telcos may be included on forex priority list

    Tech companies, telcos may be included on forex priority list

Technology and telecommunications companies may become the latest addition to the forex priority list of the Central Bank of Nigeria (CBN). Speaking on Wednesday while inaugurating the ICT, Computers/Devices Service

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CBN may lend directly to companies via commercial papers

    CBN may lend directly to companies via commercial papers

The Central Bank of Nigeria might start lending to companies directly by buying their commercial papers. Speaking on Tuesday while announcing the decision of monetary policy committee of the apex

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Naira stable as CBN holds rates

    Naira stable as CBN holds rates

It is interesting how the Naira has witnessed stability against the Dollar after the Nigerian Central Bank kept its monetary policy rate (MPR) unchanged at 14% in July. Signs of

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CBN MPC retains interest rate at 14% for 11th consecutive time

  CBN MPC retains interest rate at 14% for 11th consecutive time

The monetary policy committee of the Central Bank of Nigeria has retained monetary policy rate at 14% for the 11th

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You can now bid for Yuan, says CBN

  You can now bid for Yuan, says CBN

The Central Bank of Nigeria has begun auctioning the Chinese Yuan for the first time since the naira-yuan swap deal

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CBN extends tenure of Skye Bank’s directors

  CBN extends tenure of Skye Bank’s directors

The Central Bank of Nigeria (CBN) has extended the tenure of Skye Bank directors for an additional two-year term till

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CBN to businesses: Use Yuan instead of dollar for imports

  CBN to businesses: Use Yuan instead of dollar for imports

The Central Bank of Nigeria (CBN) says local businesses importing from China should use Yuan for imports instead of using

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CBN directs banks to resolve USSD disputes in three days

  CBN directs banks to resolve USSD disputes in three days

The Central Bank of Nigeria (CBN) says all commercial banks must resolve disputes arising from the use of Unstructured Supplementary

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CBN: Electronic fraud is on the rise

Dipo Fatokun, director of banking and payment system, at the Central Bank of Nigeria, says fraud carried out through automated

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