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CBN latest news - Page 39

CBN Owes Goldman Sachs, JP Morgan $7.5bn, Releases Financials Amid Probe

How To Lodge A Complaint Against Your Bank – CBN

The Central Bank of Nigeria (CBN) has released a guide on how and where you can lodge a complaint against financial institutions it regulates. Prime Business Africa can report that financial institutions include Deposit Money Banks (DMBs), Microfinance Banks (MFBs), Primary Mortgage
January 31, 2022
CBN Governor Mr. Godwin Emefiele

CBN Slices ATM Withdrawal Charges, Inter Bank Transfer Fees

The Central Bank of Nigeria (CBN) has sliced ATM withdrawal charges, inter-bank transfer fees as it issues a downward review of charges for electronic banking transactions in its revised guidelines to charges by Banks, Other Financial Institutions (OFIs) and Non-Bank Financial Institutions.
January 31, 2022
CBN

Central Bank Retains Monetary Policy, Pegs Interest Rate At 11.5%

The Monetary Policy Committee of the Central Bank of Nigeria has unanimously retained the benchmark interest rate at 11.5%, whilst keeping all other monetary parameters constant. CBN Governor Godwin Emefiele disclosed this while reading the communique of the first monetary policy committee
January 25, 2022

The Economics, Politics Of Rice Pyramids

By Etim Etim Sometime in 2001, a group of American bankers from US EXIMBank came to make a presentation to the senior management staff of the bank I was working for at that time on Marina, Lagos. They were prospecting a
January 21, 2022
CBN Owes Goldman Sachs, JP Morgan $7.5bn, Releases Financials Amid Probe

Nigerian Economy Contracted In November – CBN

The manufacturing and non-manufacturing Purchasing Manager’s Indices for November 2021, according to CBN, remained below the 50 index points at 47.3 and 47.5 index points. The Deputy Governor, Financial Systems Stability Directorate, CBN, Aishah Ahmad, who is also a member of the
January 14, 2022
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