Tag: Nigeria's central bank

Nigeria’s central bank stops credit payments for milk imports

LAGOS: Nigeria's central bank has told lenders to stop processing milk imports on a credit basis, bankers said on Tuesday, after the bank last month...

Nigeria’s central bank stops credit payments for milk imports

LAGOS: Nigeria's central bank has told lenders to stop processing milk imports on a credit basis, bankers said on Tuesday, after the bank last month...

Nigeria’s central bank to start monthly review of banks’ loan ratios

ABUJA: Nigeria's central bank is to begin monthly reviews of bank loan-to-deposit ratios as part of a bid to increase lending and stimulate growth in...

Nigeria’s central bank tries to force banks to lend, not buy bills

LAGOS: Nigeria's central bank barred banks from buying bills for their own accounts at an open market auction held on Thursday, a move intended to...

Nigeria’s central bank issues regulation to boost lending

LAGOS: Nigeria's central bank has asked banks with immediate effect to maintain a minimum loan-to-deposit ratio of 60% by September, part of a series of...

Nigeria to shut bank accounts of firms which import FX restricted goods

LAGOS: Nigeria's central bank said on Friday it will close the bank accounts of firms caught smuggling into the country any goods for which access...

Nigeria central bank, MTN getting closer to settlement

LONDON: Nigeria's central bank and South African telecommunications firm MTN could soon strike a deal in their dispute over the repatriation of $8.1 billion, Nigeria's...