The Central Bank of Nigeria (CBN) says it has recovered about N2 trillion from legacy intervention programmes after an ...
In a communiqué issued at the end of the 303rd meeting of the MPC on Tuesday, the CBN Governor, Yemi Cardoso, said that ...
The CBN has released a draft guideline proposing a five-year ban for customers who issue dud cheques three times, while also ...
The Central Bank of Nigeria kept its Monetary Policy Rate (MPR) unchanged at 27% having seen a clear evidence that earlier ...
The Central Bank of Nigeria (CBN) says 16 banks have fully met the regulatory capital requirements. Olayemi Cardoso, the CBN governor, spoke on Tuesday during a press conference held after the 303rd ...
The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 27 percent, maintaining its tight monetary stance as part of ...
The committee adjusted the asymmetric corridor around the MPR at +50/-450 basis points, a move aimed at discouraging banks ...
Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, has assured Nigerians that the gains of the country’s monetary ...
Daily Post Nigeria on MSN

CBN retains interest rate at 27%

The Monetary Policy Committee of the Central Bank of Nigeria has voted to retain the benchmark interest rate at 27 per cent.
Over the weekend, US top diplomats met with Ukrainian and European officials to discuss a Russia-Ukraine peace plan. However, European leaders have rejected such plans, with the US and Ukraine ...
Nigeria’s educational challenges have once again come into sharp focus as fresh figures reveal that citizens spent no less ...