CBN

Again, CBN clarifies issues on IOC’s 50% repatriated funds

THE Central Bank of Nigeria (CBN) has further clarified the "Cash Pooling" of repatriated oil and gas export proceeds...

CBN orders BDCs to reapply for new licences 

THE Central Bank of Nigeria (CBN) has directed all existing Bureau de Change operators (BDCs) to reapply for new...
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CBN raises MPR by 150-basis-point to 26.25% 

THE Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), also known as the benchmark interest...

Stop raising interest rates to fight inflation, CPPE tells CBN

THE Centre for the Promotion of Private Enterprises (CPPE) has urged the Central Bank of Nigeria (CBN) to stop...
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Tinubu officially suspends cybersecurity levy

NIGERIAN President Bola Tinubu has officially suspended the 0.5 per cent cybersecurity levy on electronic banking transactions. The Minister of...

Loan to private sector drops in March amid CBN’s rate hike

BANKS' credit to the private sector decreased in March amid the policy rate hike by the Central Bank of...
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