CBN 17.5% interest rate hike could boomerang on the economy – experts
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) yesterday increased the primary lending rate by 100 ...
Sunday, December 22, 2024
Tag: CBN
Why CBN’s 17.5% interest rate hike is bad for Nigeria’s stock market
Market participants believe that the Central Bank of Nigeria's (CBN) latest hawkish stance to raise interest rates by 17.5% will ...
Investors, Analysts, Anticipate CBN’s MPC Rates Decision Today
Today, Tuesday, January 24, 2023, investors, analysts, and other stakeholders will await the embattled Governor of the Central Bank of ...
7 Facts about the National Domestic Card Scheme System
The Central Bank of Nigeria (CBN) recently introduced National Domestic Card Scheme (NDCS) became effective January 16, 2023. There are ...
ATMs: CBN to sanction banks dispensing old notes
The Director of the Legal Services Department of the Central Bank of Nigeria, Mr. Kofo Salam-Alada, has said the agency ...
CBN injects $15.3bn to stabilise naira
The Central Bank of Nigeria injected $15.3bn into the economy to stabilise the value of the naira from January to ...
Bank borrowing from CBN rises 260% to N21.87tn
Deposit Money Banks borrowed the sum of N21.87tn from the Central Bank of Nigeria via the Standing Lending Facility window ...
CBN to work with SEC to develop joint regulatory framework for regulating ICOs and Stablecoins
According to a recently released document obtained by Entrepreneurng, the CBN is open to developing a regulatory framework for potential ...
CBN loan repayments to gulp 62% of revenue – World Bank
The World Bank has projected that interest payments on the Federal Government’s borrowing from the Central Bank of Nigeria will ...
REWIND: CBN introduced the naira 50 years ago — N10 was highest denomination
On January 1, 1973, Nigeria gave birth to a new legal tender known as the naira. After breaking ties with ...
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