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 monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has retained the country’s monetary policy rate (MPR) at 27 percent.

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

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

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

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

The Central Bank of Nigeria has directed Financial Holding Companies and banks to compute their minimum paid-up capital ...

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 ...