Central Bank of Nigeria

CBN retains interest rate at 11.5%

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the benchmark interest...

Emefiele berates FX requests for secondary students studying abroad

Central Bank of Nigeria (CBN) governor Godwin Emefiele has berated Nigerian parents seeking foreign exchange to pay fees for...
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How CBN negligence emboldens Naira abusers in social gatherings

FAILURE of the Central Bank of Nigeria (CBN) to enforce the 2007 Act of the bank has continued to...

CBN bans forex sales to BDCs

THE Central Bank of Nigeria (CBN) has said it will not sell foreign exchange (FX) to Bureau De Change...
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High cost of bank credit squeezes Nigeria’s small businesses

MICRO, small and medium enterprises (MSMEs) in Nigeria are hard hit by the high cost of loans offered by...

Rising inflation in Nigeria fueled by insecurity, naira devaluation -Emefiele

CENTRAL Bank of Nigeria (CBN) governor Godwin Emefiele has said that rising inflation in the country was caused by...
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