The committee also voted to retain the Cash Reserve Ratio (CRR) at 50 per cent for Deposit Money Banks and 16 per cent for ...

“Directors with non-performing insider-related facilities are required to step down immediately from the board, while the ...

CBN requireing bank directors who had non-performing insider-related debts to quit their jobs right once has drawn reaction ...

The Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, the same rate as in November ...

Financial institutions are required to display key details such as the names of individuals authorized to operate the ...

The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso said Nigeria's current Consumer Price Index is reflective ...

CBN: When Nigeria’s National Bureau of Statistics (NBS) rebased the Consumer Price Index (CPI) to a 2024 base year, many ...

Some experts and shareholders in the banking industry are in support of the Central Bank of Nigeria, which ordered bank directors with non-performing insider-related loans to immediately resign from ...

CBN has retained MPR at 27.5% as inflation dropped after rebasing, citing exchange rate stability, food price moderation amid ...

The number of dormant bank accounts in Nigeria is over 19.69 million, according to the industry customer account database released by the Nigeria Inter-Bank Settlement System.

The CBN has ordered commercial bank directors with non-performing insider related loans, to step down immediately. This was ...

Nigeria’s central bank will probably hold interest rates steady later on Thursday, pausing an aggressive tightening cycle ...