CBN increases interest rate to 27.25%
The Central Bank of Nigeria's Monetary Policy Committee has raised the Monetary Policy Rate to 27.25%, ...
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Tag: CBN
CBN withdraws policy guidelines over misinterpretation
The Central Bank of Nigeria has temporarily withdrawn its Monetary, Credit, Foreign Trade, and Exchange Policy ...
Read moreCBN to earn N50bn from new cybersecurity levy
The Central Bank of Nigeria is forecasted to generate around N50 billion by the close of ...
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CBN slashes cybersecurity levy to 0.005% on electronic transactions
The Central Bank of Nigeria has significantly revised the cybersecurity levy on electronic transactions, lowering it ...
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CBN caps forex sales at $5,000 for BDCs
The Central Bank of Nigeria has introduced a policy limiting foreign exchange cash sales to $5,000 ...
Read moreCBN may pause increase in interest rate — Report
Nigeria’s inflation rate dropped to its lowest level in six months during August, potentially providing the ...
Read moreNigeria’s external reserves hits $424.68m – Report
Nigeria’s external reserves experienced a notable boost of $424.68 million between August 30 and September 10, ...
Read moreExternal debt servicing hits $2.78bn – CBN
Nigeria's debt servicing for the first seven months of 2024 surged by 53.63% to $2.78 billion, ...
Read moreNigeria’s private sector loans hit 33.69% in one year – CBN
Nigeria's private sector saw a substantial boost in loans, with a notable 33.69 percent rise to ...
Read moreRemittance inflow hits $553m in July – CBN
The Central Bank of Nigeria has reported a remarkable surge in remittance inflows, which reached $553 ...
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