The World Bank has clarified that the planned $10.50m financing to the Central Bank of Nigeria is a grant, not a loan. It was earlier reported […]
Tag: CBN
CBN appoints 16 directors
The Central Bank of Nigeria (CBN) has appointed 16 new directors to head key departments. The directors’ appointments took effect on March 3. The appointments […]
Ways and Means: Senate accuses CBN of frustrating N30 trillion probe
The Senate Ad hoc Committee investigating the N30 trillion Ways and Means facility granted to the federal government has accused the Central Bank of Nigeria […]
Investors stake N2.41tn in treasury bills auction
Nigeria’s latest treasury bills auction, done on February 19, 2025, saw total subscriptions hit N2.41tn, reflecting sustained investor interest across the three tenors on offer. […]
Personal loans rose to N3.3tn in November – CBN
Nigeria’s personal loans portfolio rose by 37.76 per cent to N3.32tn in November 2024, according to the latest monthly report by the Central Bank of […]
Tinubu’s Inflation: Naira depreciates by 1.4% amid CBN’s extension of FX sales deadline
The naira depreciated on Monday’s official market, trading N1,495.60 to a dollar. Data from the FMDQ Security Exchange official forex trading platform revealed that the […]
Zenith Bank raises N350bn from rights issue, public offer
Zenith Bank Plc has revealed that it raised N350.4bn from its combined rights issue and public offer thus exceeding the N290bn it had sought to […]