CBN

CBN Clarifies Controversy Over Policy Document

CBN has clarified the controversy over policy document.   Glamtush reports that the Central Bank of Nigeria (CBN) has made…

2 months ago

CBN Approves Dollar Sales To Eligible BDC Operators At N1580

CBN has approved dollar sales to legible BDC operators at N1580.   Glamtush reports that the Central Bank of Nigeria…

3 months ago

Union Bank Reports 20% Growth In PBT H1, 2024, Despite CBN’s Intervention

Union Bank has reported a 20% growth in PBT H1, 2024, despite CBN’s intervention.   Glamtush reports that despite the…

3 months ago

CBN Sells $876.26m To 26 Banks At Retail Dutch Auction System

CBN says it sold $876.26m to 26 banks at the retail Dutch Auction System.   Glamtush reports that the Central Bank of…

4 months ago

CBN Approves Providus Bank, Unity Bank Merger

CBN has approved Providus Bank and Unity Bank merger.   Glamtush reports that the Central Bank of Nigeria (CBN) has…

4 months ago

CBN Sells Another $148m To Authorised Dealers

CBN has sold another $148m to authorised dealers.   Glamtush reports that the Central Bank of Nigeria (CBN) has sold…

4 months ago

CBN Raises Interest Rate To 26.75% Amid Surging Inflation

CBN has raised the interest rate to 26.75% amid the surging inflation.   Glamtush reports that the Monetary Policy Committee…

4 months ago

Dangote Criticizes CBN’s 26% Interest Rate

Dangote has criticized CBN's 26% interest rate.   Glamtush reports that Chairman and Chief Executive Officer of Dangote Group, Aliko…

5 months ago

CBN Warns Banks, FX Dealers Against Rejection Of Lower Dollar Denomination, Old Bills

CBN has warned banks and FX dealers against the rejection of lower dollar denomination and old bills.     Glamtush…

5 months ago

A Failed Attempt To Trigger A Run On Banks

As market sentiment remains highly volatile and driven by news flow, banks liquidity levels can become vulnerable due to spread…

5 months ago

BREAKING: CBN Revokes Heritage Bank’s Licence

CBN has revoked Heritage Bank’s licence.   Glamtush reports that the Central Bank of Nigeria (CBN) has revoked the banking…

6 months ago

CBN Publishes List Of Licensed Deposit Money Banks (FULL LIST)

CBN has published the full list of licensed Deposit Money Banks.   Glamtush reports that the Central Bank of Nigeria …

7 months ago

CBN Orders Banks To Impose 0.5% Cybersecurity Levy On All Transactions

CBN has ordered banks to impose 0.5% cybersecurity levy on all transactions.   Glamtush reports that the Central Bank of…

7 months ago

Opay, PalmPay, Others Ban Customers From Trading Cryptocurrencies

Opay, and PalmPay, among other fintech apps, have banned their customers from trading cryptocurrencies.   Glamtush reports that the leading…

7 months ago

Nigeria’s Inflation Rate Hits 33.20% Despite Naira Rebound – NBS

Despite Naira’s rebound, Nigeria’s inflation rate jumped to 33.20% in March 2024 compared to February 2024 headline inflation rate which…

7 months ago

Banks Are In Good Stead To Meet CBN’s Recapitalisation Target – ACAMB

ACAMB has disclosed that banks are in good stead to meet CBN’s recapitalisation target.     Glamtush reports that the…

8 months ago

Detained Binance Executive Sues NSA, EFCC

Detained Binance executive has sued the NSA and EFCC.     Glamtush reports that the detained Binance executive, Tigran Gambaryan,…

8 months ago

CBN Raises Interest Rate To 24.75 Percent

CBN has raised the interest rate to 24.75 percent.   Glamtush reports that the Monetary Policy Committee (MPC) of the…

8 months ago

Dump Your Dollars, Naira Will Appreciate Soon – Presidency Tells Forex Speculators

Presidency has warned forex speculators to dump their dollars as the naira will appreciate soon.   Glamtush reports that the Presidency has warned forex…

8 months ago

Akpabio Inaugurates Committee To Probe Ways And Means Under Emefiele-Led CBN

Akpabio has inaugurated a committee to probe the Ways and Means under the Emefiele-led CBN.   Glamtush reports that the Senate…

8 months ago