CBN Raises MPR To 16.5%, Retains Other Parameters
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday increased the country’s Monetary Policy Rate (MPR) by 100 basis points to 16.5 per cent from…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday increased the country’s Monetary Policy Rate (MPR) by 100 basis points to 16.5 per cent from…
The Central Bank of Nigeria (CBN) has restated its commitment to protect interests of millions of unbanked and underserved Nigerians, who mostly reside in the rural areas. The apex bank…
The Association of Bureaux Des Change Operators of Nigeria (ABCON) says Naira has continued to firm against the Dollar at the parallel market as date for CBN new currency introduction…
The Federal Ministry of Finance, Budget and National Planning said the ministry was not consulted on the new monetary policy announced by the CBN to redesign N200, N500 and N1000…
As means of checking serial abuse of the naira, the Central Bank of Nigeria (CBN) has concluded plans to redesign certain denominations of the currency. Mr. Godwin Emefiele, the CBN…
Speaker of the House of Representatives, Femi Gbajabiamila, has scheduled a roundtable for Oct. 20 with the Central Bank of Nigeria (CBN) Governor and the Minister of Finance over the…
The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately suspend the sale of Polaris Bank Plc. The House said the suspension should be until the…
The Senate on Tuesday at plenary, passed for second reading, a bill to amend the Central Bank of Nigeria (CBN) Act. Leading debate on the general principles of the bill,…
The Central Bank of Nigeria (CBN),on Friday, released the sum of 265 million dollars to airlines operating in the country to settle outstanding ticket sales. According to a statement issued…
EFCC operatives on Friday raided Wuse Zone 4, home to most bureaux de change in Abuja. The raid, conducted on other locations across the country, was undertaken days after the…