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CSW: Unity Bank Bags CBN Award On Customer Complaints Resolutions, Restates Commitment To Excellent Service Delivery

Retail lender, Unity Bank Plc has received an Award of Recognition for emerging as the “Best Bank in Customer Complaint Resolution 2021” recently...

Money

FG Borrows N2.45tn From CBN Amid Fiscal Risks

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways...

MoneyUncategorized

Address Multiple Exchange Rate Regime, NESG Tells CBN

The Nigerian Economic Summit Group is asking the Central Bank of Nigeria to address the challenge of multiple exchange rate windows in order...

Money

Bank Borrowing From CBN Rises 27% To N4.5tn

Amid a rising liquidity crunch, banks operating in Nigeria borrowed a whopping sum of N4.5tn from the Central Bank of Nigeria in July,...

Money

CBN’s MPC Raises MPR To 14.0%, Retains CRR At 27.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has unanimous voted to increase the Monetary Policy Rate (MPR) by...

Money

Banks Borrow N595.34bn From CBN In Two Months

Banks borrowed N595.34bn from the Central Bank of Nigeria between January and February, data obtained by our correspondent have shown. The CBN’s monthly...

Money

Nigerians Beat CBN Restrictions, Trade N78bn Bitcoin In Three Months

Nigerians traded at least N77.75bn ($185m) worth of Bitcoin in the first three months of the year despite the Central Bank of Nigeria’s...

Money

MAN Tackles CBN Over N1tn Low-Interest Loan

Manufacturing companies have said they cannot access loans at the Central Bank of Nigeria’s five per cent lending rate under its intervention scheme...

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