CBN justifies interest rate increase to tackle inflation
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has staunchly defended the apex ...
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Tag: CBN
FG’s debt to CBN rises by N11trn in August
The Central Bank of Nigeria has disclosed a significant rise in credit extended to the Federal ...
Read moreCBN sells forex to BDCs at N1,590/$
The Central Bank of Nigeria has announced plans to inject foreign exchange worth $20,000 to each ...
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CBN increases interest rate to 27.25%
The Central Bank of Nigeria's Monetary Policy Committee has raised the Monetary Policy Rate to 27.25%, ...
Read moreCBN withdraws policy guidelines over misinterpretation
The Central Bank of Nigeria has temporarily withdrawn its Monetary, Credit, Foreign Trade, and Exchange Policy ...
Read moreCBN to earn N50bn from new cybersecurity levy
The Central Bank of Nigeria is forecasted to generate around N50 billion by the close of ...
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CBN slashes cybersecurity levy to 0.005% on electronic transactions
The Central Bank of Nigeria has significantly revised the cybersecurity levy on electronic transactions, lowering it ...
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CBN caps forex sales at $5,000 for BDCs
The Central Bank of Nigeria has introduced a policy limiting foreign exchange cash sales to $5,000 ...
Read moreCBN may pause increase in interest rate — Report
Nigeria’s inflation rate dropped to its lowest level in six months during August, potentially providing the ...
Read moreNigeria’s external reserves hits $424.68m – Report
Nigeria’s external reserves experienced a notable boost of $424.68 million between August 30 and September 10, ...
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