By Matthew Denis, Abuja The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge...
…As increased inflation rate may trigger another hike in rates ahead of next meeting More details have emerged from the last Monetary Policy Committee (MPC) meeting...
By Sodiq Adelakun The Central Bank of Nigeria has disclosed the upcoming 294th meeting of its Monetary Policy Committee (MPC), a pivotal gathering influencing the nation’s...
By Sodiq Adelakun A report from the Central Bank of Nigeria (CBN) has revealed that over the course of ten years, only 6.63 percent of the total...
The eleven Electricity Distribution Companies (DisCos) in Nigeria obtained a combined N273.34 billion loan from the Central Bank of Nigeria to purchase 414,000 meters and enhance...
By Sodiq Adelakun The Central Bank of Nigeria in a circular in Saturday has clarified that its donation of 2.15 million bags of fertilizers to the...
By Sodiq Adelakun The Central Bank of Nigeria issued a letter to all banks on Thursday regarding the impact of the recent foreign exchange (FX) policy...
In a significant move to enhance food production across Nigeria, the Central Bank of Nigeria (CBN) has provided N100 billion worth of fertilisers to the Federal...
…As investors seek higher returns The Central Bank of Nigeria (CBN) has sold N161.5 billion worth of Nigerian Treasury Bills (NTBs) across various maturities at its...
President Bola Ahmed Tinubu has appointed a new board chairman for the Central Bank of Nigeria (CBN). President Tinubu appointed Ruby Onwudiwe as the new chairman...