Tag: CBN
CBN Concludes Banking Sector Recapitalisation as Operators Raise N4.65trn
The Central Bank of Nigeria (CBN) has announced the successful conclusion of the banking sector recapitalisation programme initiated in March 2024.
This is disclosed in...
CBN Removes Cash Deposit Limits, Raises Weekly Withdrawal Threshold
The Central Bank of Nigeria (CBN) has removed cash deposit limits and also increased the weekly cash withdrawal limit from N100,000 to N500,000.
The CBN...
CBN Retains Lending Rate at 27 %
The Monetary Policy Committee (MPC), of the Central Bank of Nigeria (CBN) has retained the country’s headline lending rate known as the Monetary Policy...
