Tag: CBN
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Cardoso Concedes That Raising Interest Rates To 27.75% Hurts Borrowers
Yemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has admitted that the interest rate increase to 27.25% is "painful" for borrowers,...
Matawalle Dares Governor Lawal to Swear by the Quran Over Banditry Claims
Hello and welcome! In today's trending news stories;
1. Former Zamfara State Governor and current Minister of State for Defence, Bello Muhammad Matawalle, challenged Governor...
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...
