The Monetary Policy Committee of the Central Bank of Nigeria, CBN, has unanimously voted to increase the benchmark interest rate by 100 basis points to 17.5...
The maximum lending rate in the banking sector hit 29.13 per cent, while savings deposit rates stood at 4.13 per cent as of December 2022. On...
The Central Bank of Nigeria ( CBN) has established Cash Swap Centres across the 774 Local Government Ares of the federation. This was contained in a...
Business activities were temporarily slowed down at the Jalingo main market on Saturday as the Central Bank of Nigeria (CBN) took its enlightenment campaign to the...
The 36 governors in Nigeria have resolved to set up a six-member committee led by the Anambra State, Governor Charles Soludo, to engage the Central Bank...
The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele has slammed commercial banks for not issuing the new naira notes. Emefiele warned that any...
The Central Bank of Nigeria (CBN) on Friday said banks would be working on Saturdays to receive the old Naira notes from customers. Mr Kama Ukpai,...
The much-touted National Domestic Card Scheme announced by the Central Bank of Nigeria (CBN) is billed to start on January 16, 2023. The CBN, in partnership...
Barely eighteen days before the deadline set by the Central Bank of Nigeria, CBN, for the stoppage of the circulation of the old Naira notes, the...
The Central Bank of Nigeria, CBN, has described rumours trailing the new naira notes as unreal, revealing that the notes are of international standard. There have...