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...
The Central Bank of Nigeria (CBN), says it has approved 20,000 dollars each for eligible Bureaux De Change (BDCs) at the rate of N1,580 to a...
The rising inflation rate will force Nigerian households to spend the largest amounts of their earnings on food in the next six months, a recent survey...
A Federal High Court in Abuja has issued subpoenas to the Governor of the Central Bank of Nigeria (CBN) and the Head of its Legal Services...
