Tag: CBN

CBN Raises Monetary Policy Rate to 27.50% to Address Price Pressures

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)…

Muhammad A. Aliyu

CBN Directs Banks to Prioritize ATM Cash Disbursement, Warns Against Naira Hawking

The Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs)…

Muhammad A. Aliyu

Dollar to Naira CBN Exchange Rate: $1 to ₦1 Today – Nov 14, 2024

The exchange rate of the US dollar to the Nigerian naira is…

Okay.ng

Dollar to Naira CBN Exchange Rate: $1 to ₦1 Today – Nov 8, 2024

The exchange rate of the US dollar to the Nigerian naira is…

Okay.ng

Court Halts CBN From Releasing Funds to Rivers State Government

Justice Joyce Abdulmalik of the Federal High Court in Abuja has issued a ruling stopping…

Muhammad A. Aliyu

IFC, CBN Partner to Boost Local Currency Financing

The International Finance Corporation (IFC), a member of the World Bank Group,…

Muhammad A. Aliyu

CBN Debunks Claims of Phasing Out Old Naira Notes by December 2024

The Central Bank of Nigeria (CBN) has refuted reports suggesting that the…

Muhammad A. Aliyu

Nigeria’s Foreign Exchange Inflows Reach $57 Billion by August 2024, Says CBN

Nigeria’s foreign exchange (FX) inflows reached an impressive $57 billion by August…

Muhammad A. Aliyu