CBN urged to stabilise exchange rate, peg customs duty at N1,000
The Centre for the Promotion of Private Enterprises (CPPE) has urged the Central Bank of Nigeria (CBN) to adopt a framework that minimises volatility in […]
Central Bank of Nigeria (CBN)
CBN increases interest rate To 22.75%
The Central Bank of Nigeria (CBN)’s Monetary Policy Committee (MPC) has raised the Monetary Policy Rate(MPR) by four hundred basis points to 22.75 percent […]
Experts project further rates tightening as CBN holds first MPC under Cardoso
The Central Bank of Nigeria (CBN), has scheduled its first Monetary Policy Committee (MPC) meeting with Yemi Cardoso as Governor for Monday […]
Alleged unlawful detention: Court orders CBN to pay German N63.7m, $10000 awarded against FG
A Federal High Court, Abuja, on Thursday, ordered the Central Bank of Nigeria (CBN) to pay a German, Martin Gegenheimer, the sum of N63.7million […]
Inflation: CBN increases Price Verification System limit from 2.5% to 15%
The Central Bank of Nigeria (CBN) has announced an upward review of the Price Verification System (PVS) from 2.5 per cent to 15 per […]
Tinubu seeks Senate confirmation of Chairman, members of CBN MPC
President Bola Tinubu has sought the confirmation of Senate for the appointment of a Chairman and Members for the Central Bank of Nigeria (CBN) […]
eNaira poses no threat to financial stability – CBN
The Central Bank of Nigeria (CBN), has assured Nigerians that its digital currency. eNaira posed no threat to financial stability. The Director, Corporate Communications […]
Emu kingdom, 67 others key into CBN oil palm programme in Delta –Official
Emu kingdom in Ndokwa West Local Government Area on Monday joined other 67 communities in Delta to enroll into the Central Bank of Nigeria […]
CBN unveils fresh guidelines for forex sale by BDCs
The Central Bank of Nigeria (CBN) on Friday unveiled a series of fresh operational guidelines for forex sales by Bureau de Change (BDC) operators in […]
Experts preach caution as CBN holds first MPC meeting under Tinubu
As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) prepares for its July meeting, some financial experts have called for moderation […]
We are engaging CBN on customers’ social media handles archiving – NDPC
The Nigeria Data Protection Commission (NDPC) says it engaging the Central Bank of Nigeria (CBN) on its new directives to commercial banks to collect their […]
Labour extends ultimatum to CBN to end cash crunch by 2 weeks
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) on Tuesday extended the ultimatum issued to Central Bank of Nigeria (CBN) to make […]
Manufacturers urge FG to dialogue with NLC over plan to picket CBN offices
The Manufacturers Association of Nigeria (MAN), has urged the Federal Government to dialogue with the NLC on its planned picketing of Central Bank of Nigeria […]
CBN disbursed N12.65bn as agriculture intervention since January – Emefiele
The Central Bank of Nigeria (CBN), has disbursed N12.65 billion to the Anchor Borrowers Programme (ABP), its flagship agriculture intervention scheme from January till date. […]
CBN increases Monetary Policy Rate to 18%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has increased the Monetary Policy Rate (MPR) to 18 per cent from 17.5 […]
CBN directs commercial banks to receive, dispense old naira notes
The Central Bank of Nigeria (CBN) has ordered commercial banks across Nigeria to start receiving old N200, N500 and N1000 notes. This was disclosed by […]
Any attempt to disobey Supreme Court order amounts to treasonable felony — Lawyer
A Constitutional Lawyer, Mr Kayode Ajulo, has said that any attempt by the Central Bank of Nigeria (CBN) to disobey the Supreme Court judgment on […]
Redesigned naira note policy has grounded Nigeria’s economy – Lawmaker
A lawmaker in Ondo state, Mr Sunday Olajide, has described as “choking’’ and pain inflicting the Central Bank of Nigeria (CBN) redesigned naira note policy […]
Naira swap/cashless policy may affect troops in the fields – NSA
The National Security Adviser (NSA) Maj.-Gen. Mohammed Monguno (rtd), has said that the change of currency and cashless policy of the Central Bank of Nigeria […]
End the scarcity of new naira notes —Lawmaker tells CBN
Rep. Tolulope Akande-Sadipe (APC-Oyo) has urged the Central Bank of Nigeria (CBN) to ensure that the redesigned naira notes were available to cash-trapped Nigerians. She […]