CBN Retains Lending Rate At 26.6%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), at its 305th meeting on Wednesday voted on ...
Tag: CBN
Nigeria’s Economy Stronger Now, Can Withstand Global Shocks – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Thursday, said Nigeria’s ongoing macroeconomic reforms have positioned ...
Tinubu Appoints Lamido Abubakar Yuguda As CBN Deputy Governor
President Bola Ahmed Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of ...
Banks Mandated To Activate Anti-money Laundering Systems
The Central Bank of Nigeria (CBN) has issued new baseline standards requiring banks and other financial institutions to deploy ...
CBN Takes Custody Of Locally Sourced Gold In Foreign Reserves
The Central Bank of Nigeria (CBN) has taken into its reserves Nigeria’s refined gold, bringing total gold holdings in CBN’s ...
Breaking: CBN Reduces Interest Rate To 26.50 % from 27%
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has reduced the Monetary Policy Rate (MPR) by 50 basis points ...
ACAMB Counters Misinformation On CBN Recapitalisation
The Association of Corporate and Marketing Professionals in Banks (ACAMB) has moved to correct misinformation surrounding the recapitalisation policy of ...
Customs Denies Manipulating FX Rates, Cites CBN Authority
The Nigeria Customs Service has firmly denied claims that it manipulates foreign exchange rates for import and export valuation. The ...
Naira Closes Week With N10.43 Gain Against Dollar
The Naira on Friday closed the week stronger further appreciating against the U.S. dollar at the official market to trade ...
NCC, CBN To Roll Out Refund Framework For Failed Airtime, Data Transactions
The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), the two regulators have drawn up a framework ...
FCCPC Backs CBN’s 48-hour Banks’ Refund Guideline To Customers
The Federal Competition and Consumer Protection Commission (FCCPC) has welcomed the Central Bank of Nigeria’s (CBN) draft guidelines requiring ...
CBN Reduces Interest Rate By 50 Basis Points
The Monetary Policy Committee (MPC) of the CBN on Tuesday reduced Nigeria’s baseline interest rate known as the Monetary ...
CBN Announces Fresh Migration Deadline For Nigerian Banks, Others
The Central Bank of Nigeria has announced a new deadline and directive to all Nigerian banks, Mobile Money Operators, MMOs, ...
