Tag:
cbn
Savings & Money News
CBN dismisses speculations
ABUJA (CU)_Late last month, the Central Bank of Nigeria (CBN) decided to entirely cease forex sales to Bureau De Change (BDCs) operators and to...
Manufacturing and Production News
Nigerian manufacturers Back CBN’s new policy shift
ABUJA (CU)_ Following the July 2021 Monetary Policy Committee (MPC) meeting last week, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele,...
Savings & Money News
Central Bank of Nigeria launches major policy shift following MPC meeting
ABUJA (CU)_Following the July 2021 Monetary Policy Committee (MPC) meeting in Abuja, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said...
Insurance & Mortgages News
CBN stepping up to tackle 22m housing deficit
ABUJA (CU)_As Nigeria's economy continue to report improvement from the downturn experienced during the COVID-19 pandemic, experts believe that it is imperative to refocus...
Savings & Money News
CBN to offer a digital currency?
ABUJA (CU)_Over the recent past there has been growing interest in cryptocurrencies, among investors, analysts, industry experts, as well as central banks across the...
African Update
CBN shuts down 42 microfinance banks, NDIC to liquidate them
By Bronson Jayamanna
NIGERIA (CWBN)_ The Central Bank of Nigeria (CBN) recently suspended the operating licenses of 42 microfinance banks in the country. This was...