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Tag: cbn

Business Economy headline

CBN threatens to sanction banks dispensing old Naira notes

Iheanyi Ejiofor January 19, 2023 No Comments #old naira notescbn

The Central Bank of Nigeria (CBN) on Thursday threatened to sanction commercial banks in Ogun State dispensing the old naira notes. The apex bank introduced new naira notes – N200, N500,…

Read More CBN threatens to sanction banks dispensing old Naira notes
Economy headline

CBN, bankers committee classify BVN for poor, rich customers

Iheanyi Ejiofor December 15, 2019 No Comments bankers committee classify BVN for poorcbn

The Central Bank of Nigeria (CBN), in conjunction with the Bankers’ Commit-tee has commenced Bank Verification Number (BVN) classification plan that will allow the rich and poor in rural areas…

Read More CBN, bankers committee classify BVN for poor, rich customers
Business Economy headline

CBN, banks to develop creative industries parks in National Theatre

Iheanyi Ejiofor October 1, 2019 No Comments banks to develop creative industries parks in National Theatrecbn

Ebun Francis| The Central Bank of Nigeria (CBN) on Monday said it has concluded plans to boost the creative sector’s contribution to the Gross Domestic Product (GDP), through the development…

Read More CBN, banks to develop creative industries parks in National Theatre
Business Economy headline

CBN, MPC holds interest rate 13.5%

Iheanyi Ejiofor May 21, 2019 No Comments cbnMPC holds interest rate 13.5%

The monetary policy committee of the Central Bank of Nigeria (CBN) on Tuesday voted to keep the monetary policy rate at 13.5%. CBN governor, Godwin Emefiele who made the ddisclosure…

Read More CBN, MPC holds interest rate 13.5%
Economy

Nigeria will be out of recession by third quarter – Emefiele

Iheanyi Ejiofor April 26, 2017 cbnemefieleheadline

Godwin Emefiele, Governor of the Central Bank of Nigeria, has said that Nigeria should be out of recession by the third quarter of 2017 with the current efforts being made…

Read More Nigeria will be out of recession by third quarter – Emefiele

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