5 results
- 30 Nov 2009
RTGS Replacement: Perago Africa, CMA, Montran Meet CBN Requirements
Going by the critical requirements established by the Central Bank of Nigeria (CBN) for the Request for Proposal (RFP) for the deployment of a new Real-Time Gross Settlement (RTGS) solution for the…
- 18 Feb 2021
Banks Cut Borrowings from CBN over Excess Liquidity
Deposit Money Banks have continued to reduce their borrowings from the Central Bank of Nigeria (CBN). The CBN attributed this new development to excess liquidity in the system. Banks borrowed…
- 5 Nov 2020
Banks’ Borrowings from CBN Drops by 93%
Deposit Money Banks’ reliance on the loans from the Central Bank of Nigeria (CBN) fell sharply by 93 percent in August, driven by surge in idle cash (excess liquidity) in the interbank money market.…
- 2 Apr 2018
Banks Borrow N27.5tn from CBN in Six Months
The Deposit Money Banks in the country borrowed the sum of N27.5tn from the Central Bank of Nigeria through the Standing Lending Facility window of the regulator during the first six months of 2017,…
- 6 Apr 2026
CBN Slams Custodian Investment with N419m Fines over Rule Breaches
Custodian Investment Plc shelled out N419.13 million in penalties to the Central Bank of Nigeria (CBN) and other regulators for breaches in the 2025 financial year, up sharply from N19.17 million in…