CBN latest news - Page 3

Stay updated with the most recent news, breaking stories, major headlines, viewpoints, images, and videos concerning CBN from both Nigeria and around the globe today.

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 (CBN) has appointed new Chief executive officers.

Victor Ezeja

3 months ago

Latest News

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 newly appointed CEO and Managing Director.

Emmanuel Ochayi

3 months ago

Nigeria's Inflation Projected To Reach 32.63% Amidst Economic Challenges

Latest News

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 boards of the banks

Emmanuel Ochayi

3 months ago

Business·Latest News

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.

Victor Ezeja

3 months ago

Business·Currency·Latest News

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 N1,245/$1, driven by unofficial P2P and physical black markets despite Nigeria’s apex

Emmanuel Ochayi

3 months ago

Latest News

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 Court awarding N100 million damages against it in favour of a former

Victor Ezeja

3 months ago

How Nigeria Can Curb High Airfares On International Routes

Business·Latest News

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 Money Banks, aiming to tackle the escalating volatility in the forex market.

Emmanuel Ochayi

3 months ago

Business

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% to N19.81 trillion

Emmanuel Ochayi

3 months ago

Business

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 about $77.23 million

Emmanuel Ochayi

4 months ago

Business·Finance & Economy

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 Nigeria's quarterly economic reports.

Emmanuel Ochayi

4 months ago

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CBN latest news - Page 3

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

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

CBN Appoints New Executives For Union, Polaris, Keystone Banks

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

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

EFCC Vows To Appeal N100m Damages Awarded In Favour Of Emefiele

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

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

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

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

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