Tag: CBN
Senate confirms 5 Profs, Perm Sec, 2 others as CBN’s MPC...
The Senate at the Wednesday plenary confirmed the nomination of seven members of the Monetary Policy Committee of the Central Bank of Nigeria (CBN).
Those...
MPC splits over policy, retains MPR at 11.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the country’s Monetary Policy Rate (MPR) at 11.5 per cent for the...
CBN: We’ve disbursed N1.3trn to power sector in 5 years
The Central Bank of Nigeria (CBN) said has disbursed over N1.3 trillion to support the provision of power supply to Nigerians in the last...
Grid collapse: CBN earmarks N104bn to stabilise electricity supply
The Minister of Power, Abubakar Aliyu, has said that the Central Bank of Nigeria (CBN) has provided N104 billion ($250 million) for the rehabilitation...
Fidelity Bank sensitizes customers on prospects in non-oil sector
The Central Bank of Nigeria's (CBN) efforts towards actualising $200 billion in Foreign Exchange (FX) repatriation from non-oil exports over the next five years...
BNCHs: CBN releases guidelines for cash collection centres
In a bid to ease huge cash management and deepen financial inclusion, the Central Bank of Nigeria (CBN) has released guidelines for the operation...
GTCO declares N221.5bn profit in 2021
Guaranty Trust Holding Company Plc. (GTCO Plc) has released its audited financial report for the year ending December 31, 2021.
The group, in a notice...
Emefiele: Agricultural sector, Nigeria’s saving grace
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has expressed satisfaction with the level of interests in agriculture and tremendous impacts which...
Zenith Bank’s gross earnings hit N765bn, profit rises to N280bn
Zenith Bank Plc has recorded gross earnings of N765.6 billion as at December 31, 2021 compared with N696.5 billion achieved in the corresponding period...
Court to CBN: Release NNPC, Mobil’s N82bn to A’Ibom communities
The Federal High Court, Abuja has granted a garnishee order absolute, on Central Bank of Nigeria (CBN) to release N81.9 billion to Ibeno Local...
