CBN
Naira bullish gains restore confidence among investors, businesses – CBN Gov. Cardoso
The Governor of the Central Bank of Nigeria (CBN), Dr. Yemi Cardoso, said Naira bullish gains will attract foreign investment and restore confidence...
Breaking: Nigerian economy bounces stronger with over $1.5bn inflow, says CBN
The Nigerian economy has witnessed an impressive turn-around in the past few days as it records an inflow of over $1.5 billion, with...
Updated: We raised interest rate to 24.75 percent to fight inflation – CBN
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) said it hiked the benchmark interest rate by 200 basis points...
Just In: Again, CBN increases interest rate to 24.75 percent
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has hiked the benchmark interest rate by 200 basis points to...
Don’t sell dollar above N1,269, CBN orders Bureau de Change
As part of measures to strengthen the naira against the dollar, the Central Bank of Nigeria (CBN) says it is allocating $10,000 at...
Nigeria’s inflation hits 31.70% in February – NBS
Nigeria’s inflation rate rose to 31.70 percent in February 2024 from 29.90 percent recorded in January 2024, the National Bureau of Statistics said...
Food production: CBN donates 2.15m bags of fertilizer to Fed. Ministry of Agriculture
In a bid to boost food production across the country, the Central Bank of Nigeria (CBN) says it has handed over N100 billion...
CBN Board: Tinubu writes Senate, replaces Eke with Onwudiwe as Southeast nominee
President Bola Tinubu has written to the Senate, seeking the screening and subsequent confirmation of Ruby Onwudiwe as a member of the board...
CBN to sanction MfBs over late non-rendition of statutory monthly returns
The Central Bank of Nigeria (CBN) has directed all microfinance banks (MfBs) to adhere to prompt rendition of statutory monthly returns through the...
Documents Emefiele Used To Request $6.2m Payment For Election Observers Forged, Forensic Analyst Tells Court
A forensic analyst, Mr. Bamaiyi Meriga, has confirmed that the documents used by the former Central Bank of Nigeria (CBN) Governor, Mr. Godwin...
Binance set to exit Nigeria
Barely a week after the Nigerian government demanded $10 billion in retribution from Binance, the major global cryptocurrency player, it has announced the...
CBN revokes licences of 4,173 BDC operators
The Central Bank of Nigeria (CB) has taken decisive action by revoking the operational licences of 4,173 Bureaux De Change (BDC) operators, citing...
CBN to sell N1.64trn Treasury bills in Q2 2024
The Central Bank of Nigeria (CBN) has said it will sell Treasury bills (TBs) worth N1.64 trillion for the second quarter of 2024...
Breaking: CBN raises MPR to 22.75%, up by 400 basis points
The Central Bank of Nigeria (CBN), after its first Monetary Policy Committee (MPC) meeting, has raised the monetary policy rate by 400 basis...
CBN to sell dollar at N1,301 to authorized BDC
In its bid to increase liquidity, strengthen the naira, and curb distortion at the retail end of the FX market, the nation’s apex...
NSA, CBN join forces to curb illicit activities in forex market
In its bid to strengthen Nigeria’s foreign exchange market, the Office of the National Security Adviser (ONSA) says it has joined forces with...
