Tag: Central Bank of Nigeria

FG Announces 9-Month Amnesty for Dollar Holdings Outside Banking System

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun,…

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

CBN Governor Cardoso Defends Naira Float Policy to Restore Exchange Rate Credibility

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has…

Muhammad A. Aliyu

CBN Hikes Interest Rate to 26.25% for the third Time in 2024

The Central Bank of Nigeria (CBN) has increased the monetary policy rate…

Adamu Abubakar

Central Bank of Nigeria Postpones 293rd Monetary Policy Committee Meeting

In an unexpected development, the Central Bank of Nigeria (CBN) has announced…

Muhammad A. Aliyu

Naira Redesigned Coughed 76bn out of CBN in 2022 — Report

It cost the Central Bank of Nigeria and its subsidiary about N74.84bn…

Adamu Abubakar

CBN Revokes Licenses of 139 Microfinance Banks, Others [FULL LIST]

The Central Bank of Nigeria (CBN) has revoked the licences of 139…

Adamu Abubakar

Central Bank of Nigeria Raises Monetary Policy Rate to 17.5% to Combat Inflation

The Central Bank of Nigeria (CBN) has raised the monetary policy rate…

Farouk Mohammed