CBN will withhold Ways and Means support for the federal government until the outstanding debt is settled, according to Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, announced that the apex bank will cease providing Ways and Means to the Federal...
United Capital supports the Central Bank of Nigeria in fostering collaborations with stakeholders
United Capital Group, an asset management group, has voiced its support for the Central Bank of Nigeria's decision to collaborate with various stakeholders in...
FCMB introduces an accelerator initiative aiming to support one million SMEs
First City Monument Bank has initiated an accelerator program aimed at enhancing the skills and fostering the growth of over one million small and...
Directors of banks support the Central Bank of Nigeria’s decision to sell surplus dollars
The Bank Directors Association of Nigeria expresses its support for the Central Bank of Nigeria's directive, urging commercial banks to cease "hoarding" foreign currencies.
In...
CBN implements a revised cash reserve approach
The Central Bank of Nigeria has announced the discontinuation of daily Cash Reserve Ratio debits, opting for an updated Cash Reserve Requirement mechanism.
This strategic...
