Tag: Osita Nwanisobi
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CBN sells Polaris Bank to new investor, SCIL
The Central Bank of Nigeria (CBN) has announced the sale of Polaris Bank to a new core investor, Strategic Capital Investment Ltd (SCIL).
A statement...
CBN committed to boosting fortunes of SMEs — Official
The Central Bank of Nigeria (CBN), says it is committed to initiating programmes and policies aimed at supporting Small and Medium Enterprises (SMEs) in...
CBN hikes Monetary Policy Rate to 15.5% for 3rd consecutive time
The Monetary Policy Committee (MPC) of the CBN increased Monetary Policy Rate (MPR) from 14 percent to 15.5 percent on Tuesday to tame inflation.The...
Reprieve For Airlines As CBN Releases $265m To Clear trapped revenue
In a move to check a brewing crisis in the country’s aviation sector, the Central Bank of Nigeria (CBN) on Friday, August 26, 2022,...
Will CBN’s RT200 intervention boost Nigeria’s non-oil exchange earnings?
In recent times, the paucity of foreign exchange in the Nigerian economy has been of concern to many Nigerians. Some believe that the heavy...
