Tag: CBN

What to Know As CBN Slashes Banks’ Loan-to-Deposit Ratio to 50% [Explainer]

The Central Bank of Nigeria (CBN) has recently made a significant policy…

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Cardoso: CBN Not Defending Naira with Forex Reserves

Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN),…

Muhammad A. Aliyu Muhammad A. Aliyu

CBN Slashes Banks’ Lending Capacity, Reduces Loan-to-Deposit Ratio to 50%

The Central Bank of Nigeria (CBN) has announced a reduction in the…

Muhammad A. Aliyu Muhammad A. Aliyu

CBN Prohibits Use of Foreign Currency Collaterals for Naira Loans

The Central Bank of Nigeria (CBN) has issued a directive to all…

Muhammad A. Aliyu Muhammad A. Aliyu

CBN Sells Dollars to BDCs at N1,101/$1, Limits Spread to 1.5%

The Central Bank of Nigeria (CBN) has announced the sale of dollars…

Muhammad A. Aliyu Muhammad A. Aliyu

CBN Probe: Tinubu Commends Jim Obazee

President Bola Tinubu has expressed commendation for Jim Obazee as he wraps…

Muhammad A. Aliyu Muhammad A. Aliyu

CBN Lifts Restrictions on Pan African Payment and Settlement System Transactions

The Central Bank of Nigeria (CBN) has announced the removal of limits…

Muhammad A. Aliyu Muhammad A. Aliyu

Naira Gains Strength as CBN Announces $1.5 Billion Forex Influx in March

The Central Bank of Nigeria (CBN) has announced that the Nigerian economy…

Muhammad A. Aliyu Muhammad A. Aliyu