CBN
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Business
How Commercial Banks Borrowed N3 Trillion From CBN In One Week – Afrinvest Research
By Edu Abade Deposit Money Banks (DMBs) and discount houses in Nigeria have borrowed N3 trillion from the Central Bank…
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News
Banking Sector Has Capacity To Drive Sustainable Growth, Financial Inclusiveness, CIBN Declares
The Chartered Institute of Bankers of Nigeria (CIBN) has declared that the banking sector in the country is uniquely positioned…
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Business
Union Bank Grows Profit Before Tax By 20% To N80b In H1 2024
Union Bank of Nigeria has reported a Profit Before Tax (PBT) of N79.8 billion and gross earnings of N333 billion…
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News
CBN Reintroduces Publication Of PMI, BES, IER, Other Economic Indicators
By Edu Abade In an effort to boost public confidence and provide adequate data in Nigeria’s financial system, the Central…
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News
Money Supply Rises to N99.23 Trillion in May, CBN Credit Statistics Shows
As Capital Importation Hits $3.37 Billion In Q1 2024 Private Sector Activities Slowdown In June By Edu Abade The Central…
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News
Nigerian Banks Will Meet CBN’s Recapitalization Target, Says ACAMB
The Association of Corporate and Marketing Communication Professionals of Banks (ACAMB) has reassured members of the public that Nigerian banks…
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News
2024 Q1: Customs Generates N1.347trn
The Nigeria Customs Service (NCS) said it generated the sum of N1.347trillion revenue between January and March 2024, surpassing monthly…
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News
Farinto Urges CBN to Implement Predictive Exchange Rate quarterly for Imports
The Managing Director and Chief Executive Officer of Wealthy Honey Investments Limited, Dr Farinto Kayode Collins has called on the…
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News
FG To Arraign Emefiele, Allies Over Alleged N6.9bn Procurement Fraud
Federal Government says it will arraign Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), and his…
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News
FCCPC to Fine POS Operators N1m for Illegal Pricing
The Federal Competition and Consumer Protection Commission (FCCPC), has issued a cease-and-desist order to Point of Sale (POS) operators from…
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