Central Bank of Nigeria

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CBN retains banks interest rate at 12.5 per cent, expects positive impact on economy

GODWIN Emefiele, Governor of the Central Bank of Nigeria, CBN, on Monday pegged the benchmark lending rate at 12.5...
Amos ABBA -
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N10m fine against erring banks, other implications of CBN’s new GSI policy

THE Central Bank of Nigeria (CBN) on Monday released new operational guidelines on Global Standing Instruction (GSI), a new...
Seun DUROJAIYE -
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COVID-19: Lockdowns are ineffective in Africa, without sustainable economic plans for citizens – Charles Soludo, Former CBN Governor

PROFESSOR Charles Soludo, former governor of Central Bank of Nigeria, CBN, and a member of President Muhammadu Buhari's Economic...
Amos ABBA -
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Analysis: Drop in global oil prices puts Nigeria’s foreign reserves in a dangerous place

GLOBAL crude oil prices fell swiftly on Monday after heightened fears of coronavirus becoming a pandemic due to the...
Amos ABBA -
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CBN releases new framework to address payment system risks in Nigeria

THE Central Bank of Nigeria on Monday released the Nigerian Payments System Risk and Information Security Management Framework, a...
Jennifer UGWA -
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2020 budget is unsustainable with $57 per barrel crude oil benchmark – CBN Governor

THE Central Bank of Nigeria, CBN has called for a downward review of the projected $57 oil benchmark proposed...
Amos ABBA -
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