CBN bars banks seeking upgrade from expansion
The Central Bank of Nigeria has barred banks and other financial institutions seeking a conversion licence from expanding or reducing ...
Sunday, January 5, 2025
Tag: CBN
Rate hikes ineffective against inflation, LCCI tells CBN
The Lagos Chamber of Commerce and Industry has called on the Central Bank of Nigeria to explore viable options to ...
New Payments From CBN Under ABP and Other Interventions Total N39.36 Billion
The Central Bank of Nigeria (CBN), while promising to scale back its interventions, disbursed new N12.65 billion this year alone ...
CBN Releases N12.65bn for Three Agricultural Projects in Two Months
In the first two months of 2023, the Central Bank of Nigeria (CBN) disbursed N12.65 billion to the Anchor Borrowers ...
Progress in Nigeria’s Economy in Post-Recession Excites Emefiele
Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), claims that the Nigerian economy has maintained a positive ...
CBN raises benchmark interest rate to 18%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR), also known ...
Currency in circulation now N982bn – CBN
The currency in circulation in the country dipped by a 235.03 per cent to N982.09bn at the end of February from ...
The value of the naira drives up food prices
The cost of the naira, caused by the Central Bank of Nigeria's (CBN) naira redesign policy, has increased Nigerians' misery, ...
IMF warns CBN, others over rising inflation
The International Monetary Fund has urged the Central Bank of Nigeria and other monetary authorities to deemphasise monetary policy as a ...
External reserves fell by $317m in February – CBN
The country’s external reserves fell by $317m in February, according to figures obtained from the Central Bank of Nigeria. The ...
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