Our reporter/ Chairman and Chief Executive of the Dangote Group, Aliko Dangote, on Tuesday criticised the latest increment of interest rate to almost 30 per cent by the Central Bank…
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Tag: #CBN
CBN stops FX price verification system portal for importers
Our reporter/ The Central Bank of Nigeria (CBN) on Wednesday said it has discontinued the foreign exchange (FX) price verification system (PVS) portal used by importers. The apex bank made…
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Inflation: CBN says monetary policy tightening achieving desired results
Our reporter/ The Central Bank of Nigeria (CBN) over the weekend said with the moderation in the month-on-month headline inflation, which slowed for a third time in a row in…
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Heritage Bank Liquidation: CBN assures safety of Banking system, depositors’ funds
The Central Bank of Nigeria (CBN) on Monday assured that the banking system and depositors’ funds are safe. The apex bank’s acting spokesperson Sidi Ali Hakama, gave the assurance during…
Read More Heritage Bank Liquidation: CBN assures safety of Banking system, depositors’ funds
No plan to revoke licences of Unity Bank, Polaris Bank, Keystone – CBN
Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday confirmed it has no plans to revoke the licences of Unity, Polaris, and Keystone banks. Online reports had claimed the…
Read More No plan to revoke licences of Unity Bank, Polaris Bank, Keystone – CBN