The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain interest rate at 27.50 percent. This is according to a...
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), has renewed calls for deeper backward integration in the telecommunications sector. He emphasized the need to...
Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN) has announced the establishment of a new Compliance Department in the apex bank, which he said...
The Central Bank of Nigeria (CBN), in a demonstration of zero tolerance for cash flow disruptions, has sanctioned Deposit Money Banks (DMBs) for failing to...
The Central Bank of Nigeria (CBN) has noted that the country’s $42.01billion external reserves can finance importation of goods and services for more than nine months....
…as naira records impressive recovery Offloading of dollars by traders in response to the Central Bank of Nigeria’s (CBN) new foreign exchange framework is giving the...
Nigeria’s House of Representatives has resolved to set up an ad-hoc committee to investigate the circumstances that led to the mass retirement of 1,000 staff of...
The Central Bank of Nigeria (CBN), has set a minimum trade value of $100,000 for interbank foreign exchange trading via the Electronic Foreign Exchange Matching System...
The Central Bank of Nigeria (CBN) has increased the monetary policy rate to 27.50 percent, from 27.25 per cent. Olayemi Cardoso, governor of the apex bank,...