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October 04, 2023

CBN Loans to Banks Rise 79% to $269.6bn

Records show that Nigerian banks have borrowed N12 trillion from the Central Bank of Nigeria (CBN) in the past eight months. The CBN data showed that money borrowed from the apex bank from January to ...

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July 17, 2023

CBN Revises Tenure Limits for Bank Executives to a Maximum of 24 Years

The Central Bank of Nigeria (CBN) has issued a release that Bank's Executives will no longer be permitted to hold positions for more than 24 years starting August 1, 2023.This statement was issued to ...