Amid the reported high currency in circulation, which hit a record high of N4.05 trillion in July, the Central Bank of Nigeria (CBN) says it will...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has championed Africa’s voice on the global financial stage. Cardoso took this step at the...
The Central Bank of Nigeria (CBN) has announced the sale of $20,000 to each of the eligible Bureau De Change (BDC) operators in the country at...
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says the lifting of petroleum products from the Dangote Refinery will moderate foreign exchange demand...
The Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has increased the interest rate by 50 basis points, bringing it to 27.25 percent. This marks the...
Another meeting of the Federal Executive Council (FEC) took place in Abuja on Monday with no fewer than 16 decisions taken. The following are the highlights,...
The Central Bank of Nigeria (CBN) has clarified its position regarding the Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for the Fiscal Years 2024 –...
The Central Bank of Nigeria (CBN) has scheduled its 297th Monetary Policy Committee (MPC) meeting for September 23 and 24, 2024, at its headquarters in Abuja....
The Central Bank of Nigeria (CBN) has said that it will sustain its market-driven interest rate policy in the 2024/2025 fiscal years. The bank also informed...
The Central Bank of Nigeria has directed all Payment Service Providers to route all transactions from PoS terminals at merchant and agent locations — physical or...
