CBN: 30 Banks Meet New Capital Requirements as Recapitalisation Progresses
The Central Bank of Nigeria (CBN) has announced that 30 banks have so far met the new minimum capital requirements ...
Tag: CBN
CBN Cuts Rate For First Time in Months, settles at 26.5%
The Central Bank of Nigeria has reduced its benchmark interest rate by 50 basis points to 26.5 per cent, citing ...
Nigeria’s FX Reserves Hit $48.5 Billion, Highest Level in 13 Years
Nigeria’s foreign exchange (FX) reserves have climbed to $48.5 billion, reaching their highest level in approximately 13 years. Data obtained ...
The Spear News – Piercing the Truth
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