Economic activities record first expansion in 13 months
The Central Bank of Nigeria, CBN, said economic activities recorded its first expansion in 13 consecutive months to 50.2 index points in August 2024.
CBN’s Cardoso blames high interest rates on ₦27trn FG lending
Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, attributed the rising high interest rates to the excessive ₦27 trillion loan…
Why CBN insists on another recapitalisation — Cardoso
The Central Bank of Nigeria, CBN, insisted weekend that further capitalisation of banks in the country was for the common good of the nation.
CBN warns banks against rejecting dirty/mutilated Naira notes
The Central Bank of Nigeria (CBN) has warned Deposit Money Bank (DMBs) against rejecting dirty and mutilated Naira banknotes from depositors.
Cardoso rallies W/A sub-region against money laundry
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso has rallied monetary authorities in the West African Sub-region against money laundry.
CBN: Strengthening banks and the financial system
By ARIZE NWOBU THE banks recapitalisation policy scheduled for March 2026, by the Central Bank of Nigeria, CBN, is a proactive and commendable policy which aims at enhancing the solidity of banks in driving the economy for greater impact in a globalised world with fast systemic interactions. Research has shown that banking crisis occur on […]
