Central Bank of Nigeria

CBN raises lending rate to 18%

The Monetary Policy Committee, MPC of the Central Bank of Nigeria, CBN has increased the Monetary Policy Rate (MPR) to…

3 years ago

Youth group urges banks to improve electronic banking services

The National Youth Council of Nigeria (NYCN), Nasarawa State chapter, has called on commercial banks to improve their electronic banking…

3 years ago

New naira notes: Buhari ask for one week to resolve crisis

President Muhammadu Buhari on Friday said Nigerians should give him seven days to resolve the cash crunch caused by the…

3 years ago

It’s imperative for CBN to redesign Naira, says expert

It is important for the Central Bank of Nigeria (CBN) to redesign the country's currency to tackle the challenge  of…

4 years ago

CBN sells Polaris Bank for N50bn

The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the acquisition of…

4 years ago

Financial inclusion: Experts identify gaps in CBN’s target

Experts in the nation's financial sector have identified gaps in the set objectives by the Central Bank of Nigeria, CBN,…

4 years ago

Nigeria’s foreign reserves dip to $38bn

Nigeria’s foreign reserves dropped to $38.483bn by May 31, 2022, a five per cent decline from $40.521bn reported by the…

4 years ago

Experts task CBN on realistic approach to monetary policy decisions

Some financial experts have called on the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to adopt…

4 years ago

Speaker walks CBN Gov’s rep out aviation stakeholders meeting

The Speaker of the House of Representatives, Femi Gbajabiamila on Monday ordered a representative of the Central Bank of Nigeria’s…

4 years ago

2023: Emefiele keeps mum as three groups purchase APC nomination form for CBN Gov.

Ahead of the 2023 presidential race, three different groups have purchased the All Progressives Congress (APC) Expression of Interest and…

4 years ago

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