By Benjamin Abioye
By Benjamin Abioye
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 50 basis points, raising it from 26.75% to 27.25%. This decision was...
The Central Bank of Nigeria (CBN) has announced plans to reintroduce and enforce a controversial Cybersecurity Levy on electronic transactions. This decision was revealed in the...
The Presidency has firmly denied reports suggesting that President Bola Tinubu ordered the resignation of the newly appointed Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso....
The Central Bank of Nigeria (CBN) has issued a new directive requiring all Payment Service Providers to route Point of Sale (PoS) transactions through authorized CBN...
Anambra State Governor, Charles Soludo, made headlines with his bold claim about Nigeria’s oil revenue, stating that the country has not earned any oil-related income since...
The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL), as...
Throughout the week, the Naira continued to decline in both markets. By Friday, August 30, 2024, its value had dropped from N1,615 to N1,645 per dollar....
The Central Bank of Nigeria, CBN, today lifted the suspension on lending to banks through its Standing Lending Facility, SLF, adjusting the lending rate to 31.75...
