CBN warns bank customers to stop using forex as collateral for Naira loans
The Central Bank of Nigeria (CBN) has cautioned bank customers against using foreign currency as security for Naira-denominated loans. This ...
Tag: Central Bank of Nigeria
Police to arrest Otedola, Babalakin, Nnaji others
Billionaire debtors whose firms, directors and shareholders were barred from securing further loans from local banks are in for bigger ...
CBN prefers to print N5, N10, and N20 as paper and not polymer note
The Central Bank of Nigeria (CBN) says it resolved to discontinue printing the naira in polymer notes so as to ...
Economic Management Team and industrialists endorse the introduction of N5000 note
The introduction of the new N5, 000 note as a legal tender has been endorsed by the Economic Management Team. ...