FG Announces 9-Month Amnesty for Dollar Holdings Outside Banking System
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun,…
CBN Debunks Claims of Phasing Out Old Naira Notes by December 2024
The Central Bank of Nigeria (CBN) has refuted reports suggesting that the…
CBN Governor Cardoso Defends Naira Float Policy to Restore Exchange Rate Credibility
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has…
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…
Central Bank of Nigeria Postpones 293rd Monetary Policy Committee Meeting
In an unexpected development, the Central Bank of Nigeria (CBN) has announced…
Naira Redesigned Coughed 76bn out of CBN in 2022 — Report
It cost the Central Bank of Nigeria and its subsidiary about N74.84bn…
CBN Revokes Licenses of 139 Microfinance Banks, Others [FULL LIST]
The Central Bank of Nigeria (CBN) has revoked the licences of 139…
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…