CBN Governor Heads Nigeria's Delegation at World Bank and IMF Meetings
Central Bank Governor, Olayemi Cardoso, is set to lead Nigeria’s delegation to the World Bank and International Monetary Fund (IMF) annual meeting in Washington...
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CBN Directs Banks to Refund Failed ATM Transactions Within 48 Hours
The Central Bank of Nigeria, CBN, has ordered Deposit Money Banks and other financial institutions to refund customers for failed Automated Teller Machine, ATM,...
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Nigerians push for reduction in costs of living after CBN interest rate cut
The Central Bank of Nigeria Monetary Policy on Tuesday cut interest rates by 50 basis points to 27 per cent. The move brings excitement to businesses as Nigeria...
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Fifth inflation drop sparks call on CBN to cut interest rate
The consecutive decline in Nigeria’s headline inflation for the fifth time has intensified calls for the Central Bank of Nigeria to cut interest rates. DAILY PO...
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Nigeria’s diaspora inflow increases to $600m monthly — CBN Gov Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that diaspora remittance inflow into the country increased from $200 million to $600 mill...
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CBN clarifies mass redeployment of staff
The Central Bank of Nigeria has dismissed claims that its recent redeployment of staff from Abuja to Lagos State was politically motivated.The CBN Deputy Govern...
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BREAKING: CBN MPC retains Nigeria’s interest rate at 27.50%
The Central Bank of Nigeria’s Monetary Policy Committee meeting has retained the country’s interest rate at 27.50 percent. The Governor of CBN, Olayemi Cardoso,...
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CBN to cut interest by 25 basis points – Economists Rewane
Popular economist and chief executive of Financial Derivatives Company, Bismark Rewane, has said that the Central Bank of Nigeria Monetary Policy Committee may...
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Why CBN is afraid of Cryptocurrency in Nigeria – Don
The Federal government has been advised to adopt the use of Cryptocurrency in official transactions and to encourage its use among Nigerians, with an effective...
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CBN’s new BDC policy regionally biased – Arewa Economic Forum
The Arewa Economic Forum (AEF) has voiced strong concerns over the Central Bank of Nigeria’s (CBN) new Bureau De Change (BDC) recapitalisation framework, descri...
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Journalist petitions EFCC, CBN, PCC over sudden increment of loan interest by NIRSAL Microfinance Bank
A journalist, Mr Musliudeen Atanda Adebayo has enjoined the Economic and Financial Crimes Commission (EFCC), Central Bank of Nigeria (CBN) and the Public Compla...
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CBN monetary control, high interest rate contributing to Nigeria’s economic crises – Don
The Central Bank of Nigeria, CBN, has been advised to review its monetary control high interest rate policies in the country to save Nigeria’s economy from furt...
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