CBN

Naira loses over N400 to dollar at CBN’s official window in Q1

THE Nigerian currency lost approximately N402.28 to the dollar at the Central Bank of Nigeria (CBN) official window in...

CBN issues banks’ recapitalisation guidelines, raises minimum capital base to N500bn

THE Central Bank of Nigeria (CBN) on Thursday, March 28, 2024, unveiled new minimum capital requirements for banks and...
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CBN’s rate hike will further worsen dividend payout – Analysts 

EXPECTATIONS of attractive dividend payout by quoted companies in the Nigerian stock market have further been dashed by the...

CBN raises MPR by 200bps to 24.75%

THE Central Bank of Nigeria (CBN) has again raised the benchmark interest rate as it continues to battle inflationary...
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Investors lose N288.93bn as CBN commences March MPC meeting

TRADING activity in the Nigerian stock market closed in the red on Monday, March 25, as the All-Share Index...

Naira sustains gains as CBN sells $10,000 To BDCs at N1,251/$

AS the naira sustains gain against the dollar after months of uncertainties, the Central Bank of Nigeria (CBN), on...
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