The Central Bank of Nigeria (CBN) boosted interest rates by 200 basis points on Tuesday, from 22.75 percent to 24.75 percent, amid rising inflation. The central…
Browsing: CBN
As the naira progressively improves against the dollar following months of unanticipated uncertainties, the Central Bank of Nigeria (CBN) announced on Monday the sale of $10,000…
Since the establishment of the Central Bank of Nigeria’s N10.3 trillion intervention funds, the Nigerian healthcare sector has received only N141.64 billion, accounting for a meagre…
A document from the apex bank reveals that thirty-one state governments owe the Central Bank of Nigeria, or CBN, a total of N339.9 billion obtained to pay…
The Central Bank of Nigeria (CBN) reported a large increase in foreign exchange inflows to the economy in February 2024. The surge is attributable to significant…
The Central Bank of Nigeria reported on Friday that foreign exchange inflows to the country reached $2.3 billion in February, driven by a surge in remittances…
The Central Bank of Nigeria (CBN) has cautioned all primary mortgage banks in the country, over the importance of promptly submitting regulatory returns. Furthermore, the Central…
The Central Bank of Nigeria (CBN) has completed another round of Treasury Bills (T-Bills) auction, offloading about N1.3 trillion. The auction, which took place on March…
The Governor of Edo State, Godwin Obaseki, has faulted the Central Bank of Nigeria for raising the Monetary Policy Rate by 22.75 per cent. Obaseki contended…
On Friday, the Central Bank of Nigeria (CBN) withdrew the licences of 4,173 Bureaux De Change Operators, accusing them of failing to comply with regulatory regulations.…