By AYOOLA OLAOLUWA The Central Bank of Nigeria’s cashless policy has spurred the growth of digital and electronic payments in the country, Business Hallmark can report....
The Central Bank of Nigeria (CBN) has reverted to 9 percent interest rate on its facilities, ending its Covid-19 period reduction to 5 percent. The apex...
Data from Medium-Term Expenditure Framework and Fiscal Strategy Paper 2023-2025, has shown that the federal government paid an interest of N405.93bn from January 2022 to April...
The Central Bank of Nigeria (CBN) has assured that it would continue to make deliberate efforts in the foreign exchange sector to avert further downward slide...
The Central Bank of Nigeria (CBN) has said non-remittance of dollars to foreign reserves by the Nigeria National Petroleum Corporation (NNPC) is responsible for naira’s free...
Nigerians have spent $378.77 million on foreign education between January and May 2022, according to figures from the Central Bank of Nigeria (CBN). In January 2022,...
BY EMEKA EJERE There are growing concerns that the second hike in the monetary policy rate (MPR) by the Central Bank of Nigeria (CBN) may create...
The Agricultural Credit Guarantee Scheme Fund, managed by the Central Bank of Nigeria (CBN),has guaranteed 1.232 million loans estimated to be worth N130.903 billion, given to...
The Central Bank of Nigeria (CBN) has issued cybersecurity guidelines for other financial institutions (OFIs), instructing them to begin compliance from January 2023. Nkiru Asiegbu, the...