CBN latest news

Meet New CEOs Of Union, Polaris, Keystone Banks As CBN Dissolves Old Mgt Boards

Following the dissolution of the management boards of Union Bank, Keystone Bank, and Polaris Bank, the Central Bank of Nigeria… Read More

4 months ago

5 Things To Know About Newly Appointed CEO Of Keystone Bank Hassan Imam

The shakeup in Keystone Bank's leadership by the Central Bank of Nigeria (CBN) has ushered in Hassan Imam as the… Read More

4 months ago

CBN Appoints New Executives For Union, Polaris, Keystone Banks

CBN has appointed new executive officers for Union Bank, Keystone Bank, and Polaris Bank following the dissolution of the respective… Read More

4 months ago

CBN Dissolves Union, Keystone, Polaris Banks’ Boards, Assures Safety Of Depositors’ Funds

Central Bank of Nigeria (CBN) has dissolved the board and management team of Union Bank, Keystone Bank, and Polaris Bank. Read More

4 months ago

Naira Dips To N1,245/$1 In Unofficial Market Amid CBN’s Effort

In a twist of currency dynamics, the naira faces a tale of two markets as its value fluctuates to N1,230/$1 and… Read More

4 months ago

EFCC Vows To Appeal N100m Damages Awarded In Favour Of Emefiele

The Economic and Financial Crimes Commission (EFCC), has expressed dissatisfaction with a judgment of the Federal Capital Territory (FCT), High… Read More

4 months ago

Airlines Receive $62m Windfall As CBN Eases Forex Woes By Repaying Banks $2bn Debt

The Central Bank of Nigeria (CBN) has taken a stride in reducing its backlog by repaying $2 billion to Deposit… Read More

4 months ago

Nigerian Banks Rely More On Liquidity, As Borrowing From CBN Rises To N19.8trn

In 2023, commercial and merchant banks in Nigeria increasingly sought liquidity from the Central Bank, with borrowing soaring by 32.07%… Read More

4 months ago

Nigeria’s Foreign Reserves Dip By $77.23m Amid FX Crisis

In the ongoing battle to stabilize Nigeria's foreign reserves, figures from the Central Bank of Nigeria revealed a decline of… Read More

4 months ago

Nigerians Grapple With Soaring Living Costs, Borrow N740bn Amidst Inflation Surge

Nigerians have borrowed approximately N740 billion from banks between January and September this year, according to the Central Bank of… Read More

4 months ago

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