The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, announced on Tuesday that the country’s foreign reserves increased by 12.74% to $39.12 billion as…
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The Central Bank of Nigeria has increased the Monetary Policy Rate (MPR) to 27.25% from 26.75%, marking a 50 basis point rise. Olayemi Cardoso, the CBN…
The Central Bank of Nigeria (CBN) announced that it sold $876.26 million to end users through 26 successful banks at a cut-off rate of N1,495 per…
The Socio-Economic Rights and Accountability Project (SERAP) has asked Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), to clarify the whereabouts of over…
On Tuesday, the Central Bank of Nigeria (CBN) instructed Deposit Money Banks (DMBs) and International Money Transfer Operators (IMTOs) to pay all diaspora remittances in Naira…
At least two hundred officials of the Central Bank of Nigeria (CBN) were dismissed from their duties on Friday in the latest restructuring move by the…
The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points from 24.75 percent to 26. 25 per cent. Olayemi Cardoso, CBN’s…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said interest rates would remain high until inflation rate comes down. Cardoso stated this…
The National Assembly is proposing amendments to the Central Bank of Nigeria (CBN) Act 2007 to prevent senior Bank officials from engaging in partisan politics. The…
The Governor of the Central Bank of Nigeria, Olayemi Cardoso has clarified that the apex bank is not utilising the nation’s foreign reserves to strengthen the…