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Tag: CBN
CBN Cuts Special Interest Rate To 5%, Orders Banks To Adjust Loan Terms
March 16, 2020
The Central Bank of Nigeria (CBN) on Monday ordered all deposit money financial institutions in the country to restructure loan terms and tenors to households and businesses affected by the coronavirus outbreak. LagosTimes reports that ...
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Coronavirus: CBN Mulls Interest Rate Reduction As Economic Slump Persists
March 16, 2020
As the malignant coronavirus continues to have a telling impact on the world economy and every other imaginable aspect of human endeavour, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele says the ...
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Senate Confirms Kingsley Obiora As CBN Deputy Governor
January 30, 2020
The senate has confirmed the appointment of Kingsley Obiora as the deputy governor of the Central Bank of Nigeria (CBN). Obiora’s appointment was confirmed after Uba Sani, chairman of the senate committee on banking, presented ...
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