CBN’s foreign reserves decline by $2.2 billion (YTD)
Nigeria's foreign reserves fell by $2.202 billion to $38.318 billion on September 29, 2022, from $40.520 billion on December 31, ...
Sunday, December 22, 2024
Tag: CBN
Making Money From the CBN’s 15.5% interest rate hike
Godwin Emefiele, Governor of the Central Bank of Nigeria, announced an increase in the benchmark interest rate (MPR) to a ...
INFLATION: CBN raises interest rate to 15.5%
In a bold step to combat inflation in the nation, the Central Bank of Nigeria (CBN) increased the Monetary Policy ...
Prepare for the mother of all interest rate hikes
Nigerian firms are on track to incur higher financing costs in the year's second half as rising inflation puts pressure ...
Nigerian Banks at Risk Despite Oil Prize Boost
Nigerian banks operating environments could deteriorate in 2022–2023 as adverse global economic conditions feed through to the local economy, Fitch ...
Nigeria: CBN Defends Naira With $2.1bn
The Central Bank of Nigeria, CBN, in a bid to defend the naira, injected $2.1 billion into the Investors and ...
Access Bank Plc appoints Chizoma Okoli as new Director
Access Bank Plc has appointed Chizoma Okoli as its new Executive Director in charge of Business Banking Division. Okoli’s appointment ...
CBN Reduces Monetary Policy Rate To 13.5%
The Central Bank of Nigeria has reportedly reduced the Monetary Policy Rate from 14 per cent to 13.5 per cent. ...
Banks To Stop ATM Charges, Put CBN Under Pressure
The customers, who made the call in separate interviews with News Agency of Nigeria, NAN, in Gwagwalada on Monday, described ...
CBN, BDC’s retains Key interest rate at 14%
CBN CHAIRMAN The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) today retained its key rate at ...
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