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Tag Archives: Central Bank of Nigeria

Dangote faults CBN’s 30% Interest Rate

Chairman and Chief Executive of the Dangote Group, Aliko Dangote, has faulted the latest increase in interest rate to almost 30 per cent by the Central Bank of Nigeria (CBN). Dangote was addressing an audience during the opening session of a three-day summit Organised by the Manufacturers Association of Nigeria …

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CBN Issues Fresh Guidelines For Foreign Currency Deposit

THE Central Bank of Nigeria (CBN) has issued fresh guidelines to Deposit Money Banks (DMBs) on the deposit of foreign currency notes with the apex bank. This directive was contained in a circular issued by the Director of Currency Operators, Mohammed Solaja and posted on the bank’s website on Friday. …

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CBN To Implement More Policies To Tackle Cybersecurity Challenges

THE Central Bank of Nigeria (CBN) has said it would continue to implement more policies to tackle cybersecurity challenges, foster innovation to ensure stability and integrity of the financial system. The Deputy Governor, Financial Systems Stability at CBN, Mr Philip Ikeazor, said this during a two-day Financial Institutions Training Centre …

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CBN To Implement More Policies To Tackle Cybersecurity Challenges

THE Central Bank of Nigeria (CBN) has said it would continue to implement more policies to tackle cybersecurity challenges, foster innovation to ensure stability and integrity of the financial system. The Deputy Governor, Financial Systems Stability at CBN, Mr Philip Ikeazor, said this during a two-day Financial Institutions Training Centre …

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