The Central Bank of Nigeria says its Monetary Policy Committee’s decision to increase Monetary Policy Rate is to control rising inflation. CBN’s Director, Monetary Policy Department,...
The Federal Government recorded N524.25bn fiscal deficit in May, from N643.09bn in April. This was obtained from the Central Bank of Nigeria’s monthly economic report on...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday increased the Monetary Policy Rate (MPR) to 14 per cent from its...
The Central Bank of Nigeria has ordered banks and Payment Service Providers to accept indemnity from customers for highly secured online funds transfers. It stated this...
The CBN has reviewed upwards, the operations of the Nigeria Inter-Bank Settlement System (NIBSS) and other electronic payment operations. This is contained in a circular by...
The Central Bank of Nigeria (CBN), has issued guidelines for setting up Bank Neutral Cash Hubs (BNCHs). According to the apex bank, BNCHs are being initiated...
The Central Banks of Nigeria, CBN has debunked reports that its Governor, Godwin Emefiele was sacked. Several online media platforms particularly blogs had reported that the...
A Nigerian socio-political activist, Aisha Yesufu has said President Muhammadu Buhari lacks the constitutional power to sack the Central Bank Governor, Godwin Emefiele. Rumours making the...
The Central Bank of Nigeria CBN has said that paper currency will soon be out of circulation, urging market men and women to sign into the...
The Central Bank Governor, Mr Godwin Emefiele, said his fate is still being decided as regards the controversy surrounding his rumoured presidential bid. When newsmen confronted...