Tag:
CBN
Business
CBN fixes $100,000 minimum trade for banks on forex platform
The Central Bank of Nigeria has set a minimum trade value of $100,000 for interbank foreign exchange trading via the Electronic Foreign Exchange Matching...
Business
CBN hikes interest rate to 27.5%, cites surging inflation
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 27.50 per cent from 27.25 per cent as part of...
Business
Naira depreciation: Firms’ confidence in economy fall by 3.2 index points — CBN
Riding majorly on the back of expectation of naira depreciation before the end of the year, businesses operating in the country have expressed less...
Politics
Court stops CBN from releasing allocation to Rivers govt
Justice Joyce Abdulmalik of the Federal High Court Abuja has stopped the Central Bank of Nigeria (CBN) from further releasing monthly financial allocations to...
Business
CBN ready to use all tools to manage inflation — Cardoso
Governor Olayemi Cardoso of the Central Bank of Nigeria (CBN) stated that they are ready to employ any "tools at our disposal" to manage...
Business
All deposits in Nigerian banks are safe, CBN assures Nigerians
The Central Bank of Nigeria (CBN) has assured Nigerians not to panic as it has put in place policies to ensure that all monies...
Business
Emefiele admitted politics influenced naira redesign, says ex-CBN acting Gov
A former Acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, has said he learnt that there were intrigues and politics in...
Business
Buhari’s aide counters CBN over printing of N35trn
An aide to former President Mohammed Buhari has dismissed claims made by the Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, who...