Tag: CBN
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CBN To Fine Banks For Not Dispensing Cash Through ATMs; Prepares N1.4 Trillion For Circulation
As part of its attempts to guarantee enough currency in circulation, the Central Bank of Nigeria (CBN) has declared that it will penalize banks...
CBN Denies Reintroduction Of Cybersecurity Levy, Makes Clarification On Guidelines For The 2024-2025 Fiscal Year
The Central Bank of Nigeria (CBN) has stated that it has not reintroduced the cybersecurity levy that was previously suspended.
It would be recalled that...
We Obtained Only $2.7 Billion Loan from CBN for Refinery in Ten Years – Aliko Dangote
Aliko Dangote, the CEO of the Dangote Refinery, disclosed that his organization obtained loans totaling $2.7 billion from the Central Bank to finance the...
Naira Sees Best Daily Gains Since March on Increased FX Inflows and Expected Rate Hike
Amidst higher inflows from the CBN, the naira recorded remarkable gains compared to the haven currency, marking its highest advances since March.
To bolster the...
CBN Would Keep Raising Interest Rates if Inflation Does Not Fall – Cardoso
According to Yemi Cardoso, the governor of the Central Bank of Nigeria (CBN), ongoing inflation may make monetary tightening measures more difficult to implement...
