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CBN latest news - Page 40

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

FG Spent $1.68bn On Food Imports In Nine Months – CBN

The federal government, according to the Central Bank of Nigeria (CBN), spent $1.68bn on food importation from January to September last year. The CBN disclosed this in a report on sectoral utilisation of foreign exchange for the third quarter of 2021. According
January 7, 2022
CBN

CBN Vows To Improve Credit For Households, SMEs In 2022

The Central Bank of Nigeria (CBN) has disclosed that it will improve access to finance and credit for households, small and medium-sized enterprises (SMEs) in 2022. Godwin Emefiele, CBN governor, made this known at an event held recently in Lagos. Emefiele emphasised the need
January 4, 2022
CBN Orders Nigerian Banks To Lift Restriction On Accounts Of Crypto, Other Firms

CBN Disburses N108.65bn To Hospitals, Pharmaceutical Firms

The Central Bank of Nigeria (CBN) disclosed that it has disbursed N108.65bn to hospitals and pharmaceutical industry in 18 months. The CBN disclosed this at the last Monetary Policy Committee meeting. According to Central Bank, “The bank has also cumulatively disbursed the
December 29, 2021
GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks In H1 2023

Banks Record N1.3tn Non-Performing Loans – CBN

Commercial Banks in Nigeria, according to the Central Bank of Nigeria, recorded non-performing loans of N1.3tn as of November which is still currently above the industry benchmark. Figures obtained from the CBN on Monday showed that the bad loans represented 5.4 per
December 14, 2021
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