The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 27 percent, maintaining its tight monetary ...

Nigeria’s banking system is awash with excess liquidity from OMO repayments, driving a sharp rise in deposits placed with the CBN just ...

The Central Bank of Nigeria has unveiled a draft of new regulatory guidelines aimed at curbing the issuance of dud cheques ...

The naira on Tuesday appreciated further in the official foreign exchange (FX) market, on the same day the Central Bank of ...

The Manufacturers Association of Nigeria (MAN) calls on the CBN to reduce high lending rates, citing their crippling effect ...

The Central Bank of Nigeria (CBN) has revealed that 16 banks have met its recapitalisation threshold, marking steady progress ...

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 ...

In a communiqué issued at the end of the 303rd meeting of the MPC on Tuesday, the CBN Governor, Yemi Cardoso, said that ...

The committee adjusted the asymmetric corridor around the MPR at +50/-450 basis points, a move aimed at discouraging banks ...

CBN Governor, Olayemi Cardoso, announced the decision on Tuesday at the end of the committee’s 303rd meeting in Abuja.

CBN keeps benchmark interest rate at 27 per cent, citing inflation concerns, banking resilience, Naira stability and macroeconomic progress.