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CBN fines 12 banks N499bn over failure to meet 60% loan-to-deposit deadline

The Central Bank of Nigeria (CBN) has fined 12 banks N499 billion for failing to give 60% of deposits as…

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Business

CBN directs banks to raise loan-to-deposit ratio

The Central Bank of Nigeria (CBN) has ordered commercial banks to raise their Loan-to-Deposit Ratio (LDR) from 60 to 65…

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Business

CBN insists on implementation of cashless policy

The Central Bank of Nigeria has insisted to go ahead with the implementation of cashless policy. Okay.ng gathered that CBN…

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Business

CBN shifts date for Monetary Policy Committee meeting

The Central Bank of Nigeria (CBN) has announced the rescheduling of the Monetary Policy Committee meeting. CBN disclosed this in…

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News

Buhari directs CBN not to provide forex to food importers

President Muhammaduh Buhari has ordered the Central Bank of Nigeria (CBN) to stop providing foreign exchange for importation of food…

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Business

CBN pumps $210m in foreign exchange market

The Central Bank of Nigeria (CBN) has pumped 210 million dollars into the interbank segment of the Nigerian foreign exchange…

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Business

CBN governor Emefiele begins second term

Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), on Monday, 3rd June, sworn in for his second term.…

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News

Jonathan speaks on missing billions from CBN when he was president

Former president Goodluck Jonathan has finally spoken over alleged missing money from Central Bank of Nigeria (CBN) during his tenure…

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