Tag: Cbn
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Investor confidence back as CBN clears backlog
Investor confidence is back in Nigeria on the back of the Central Bank of Nigeria (CBN)’s clearance of foreign exchange backlog.
On March 20, 2023,...
Banks face tough conditions in recapitalisation drive
CBN targets strong banks capable of supporting govt’s $1tr GDP by 2030
Ongoing bank recapitalisation will not be business as usual, Central Bank of Nigeria...
CBN reveals stance on revoking licenses of Wema, Polaris, Unity Banks
The Central Bank of Nigeria has said there is no plan to revoke the licenses of Wema, Polaris and Unity Banks.
The acting Director of...
Nigeria’s money supply rebounds to historic N96.97 trillion in April 2024, defying MPC’s tightening measures
Nigeria's money supply rebounds to historic N96.97 trillion in April 2024, defying MPC's tightening measures
Nigeria’s money supply (M3) surged to a new peak of...
CBN Sacks 200 Employees In Latest Restructuring Move
CBN Sacks 200 Employees In Latest Restructuring Move
The recent restructuring at the Central Bank of Nigeria (CBN) has resulted in the termination of approximately...
