Tag: Cbn
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CBN urged by Senate committee to control inflation
The Senate Committee on Banking, Insurance & other Financial Institutions has called upon the Central Bank of Nigeria to address inflation in the country.
The...
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...
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...
