Tag: CBN

CBN to unveil revamped website for transparency

The Governor of the Central Bank of Nigeria,Olayemi Cardoso, announced that the…

Wilson Adekumola

CBN justifies interest rate increase to tackle inflation

The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has…

Wilson Adekumola

FG’s debt to CBN rises by N11trn in August

The Central Bank of Nigeria has disclosed a significant rise in credit…

Wilson Adekumola

CBN sells forex to BDCs at N1,590/$

The Central Bank of Nigeria has announced plans to inject foreign exchange…

Wilson Adekumola

CBN increases interest rate to 27.25%

The Central Bank of Nigeria's Monetary Policy Committee has raised the Monetary…

Buna Juliet

CBN withdraws policy guidelines over misinterpretation

The Central Bank of Nigeria has temporarily withdrawn its Monetary, Credit, Foreign…

Wilson Adekumola

CBN to earn N50bn from new cybersecurity levy

The Central Bank of Nigeria is forecasted to generate around N50 billion…

Wilson Adekumola

CBN slashes cybersecurity levy to 0.005% on electronic transactions

The Central Bank of Nigeria has significantly revised the cybersecurity levy on…

Wilson Adekumola

CBN caps forex sales at $5,000 for BDCs

The Central Bank of Nigeria has introduced a policy limiting foreign exchange…

Wilson Adekumola

CBN may pause increase in interest rate — Report

Nigeria’s inflation rate dropped to its lowest level in six months during…

Wilson Adekumola

Nigeria’s external reserves hits $424.68m – Report

Nigeria’s external reserves experienced a notable boost of $424.68 million between August…

Wilson Adekumola

External debt servicing hits $2.78bn – CBN

Nigeria's debt servicing for the first seven months of 2024 surged by…

Wilson Adekumola

Nigeria’s private sector loans hit 33.69% in one year – CBN

Nigeria's private sector saw a substantial boost in loans, with a notable…

Wilson Adekumola

Remittance inflow hits $553m in July – CBN

The Central Bank of Nigeria has reported a remarkable surge in remittance…

Wilson Adekumola

Foreign investors boost Nigerian banks amid recapitalization – CBN

The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, recently…

Wilson Adekumola