JUST IN: Naira: CBN announces fresh FX code, demands compliance from banks, BDCs, others
The Central Bank of Nigeria has announced a fresh Foreign Exchange Code as guidelines to legible players in the country’s FX market to stabilize the […]
CBN
JUST IN: Nigeria at 64: FG has cleared N30tn CBN Ways Means loan – Tinubu
President Bola Ahmed Tinubu said his administration has cleared N30 trillion ways and means loan from the Central Bank of Nigeria. The President disclosed this […]
JUST IN: Nigeria’s money supply increased by 65% to N107.1tn in August – CBN
Nigeria’s money supply, M2 increased by 65 percent on a year-on-year basis to N107.1 trillion in August 2024 This is according to the Central Bank […]
JUST IN: Naira crisis: CBN sells $20,000 to BDCs at N1590 per dollar exchange rate
The Central Bank of Nigeria said it has sold foreign exchange worth $20,000 to eligible Bureau De Change operators at N1590 per dollar foreign exchange […]
Yemi Cardoso-Led CBN Raises Interest Rate To 27.25 Percent
Yemi Cardoso-led CBN has raised the interest rate to 27.25 percent. Newsone Nigeria reports that the Monetary Policy Committee of the Central Bank of Nigeria (CBN) has […]
JUST IN: CBN interest rate hike will kill investments – NACCIMA, business owners
Key players in the Nigerian business and economic sector have kicked against the recent interest rate hike by the Central Bank of Nigeria Monetary Policy […]
JUST IN: Pause interest rate hike – Financial experts tell CBN ahead of MPC meeting
Financial experts and analysts have told the Central Bank of Nigeria Monetary Policy Committee to pause interest rate hikes ahead of its Monday to Tuesday […]
JUST IN: We’ve not reinstated Cybersecurity levy on Nigerians – CBN
The Central Bank of Nigeria (CBN) has not reinstated the cybersecurity levy that was previously suspended. The CBN had suspended the enactment of the cybersecurity […]
CBN slashes cybersecurity levy on bank transfers to 0.005%
Central Bank of Nigeria (CBN) slashes the cybersecurity levy on electronic transactions from the protested 0.5% to 0.005% in its new fiscal guidelines for 2024-2025. […]
JUST IN: Nigeria’s domestic prices to remain high in 2024, 2025 fiscal year – CBN
The Central Bank of Nigeria has said that Nigeria’s domestic prices are expected to remain high in the 2024/2025 fiscal year. The apex bank made […]