CBN

CBN leading economic diversification – Emefiele

The Director of Trade and Exchange Department, Central Bank of Nigeria (CBN), Dr Ozoemena Nnaji, says there is urgent need…

2 years ago

Relief as CBN releases $265m to foreign airlines

Soothing news came the way of foreign airlines on Friday, as the Central Bank of Nigeria (CBN) says it has released…

2 years ago

DISCOs: BPE, CBN give banks 6 month deadline to quit

The Bureau of Public Enterprises, BPE, and the Central Bank of Nigeria, CBN, has handed down a 6- month deadline…

2 years ago

Dollar Remittance: Presidency Wades Into CBN, NNPC ‘Feud’

The presidency has waded into the controversy raging between the Central Bank of Nigeria (CBN) and the Nigeria National Petroleum…

2 years ago

Just in: CBN raises interest rate to 14%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to…

2 years ago

Interest rate increase may not reduce Nigeria’s inflation — Fitch

The decision by the Central Bank of Nigeria to raise the main policy interest rate sharply in May is not…

2 years ago

Auto finance: CBN, NADDC discuss new options for vehicle buyers

The Director General of the National Auotomotive Design and Development Council, Jelani Aliyu, says the agency has commenced discussions with…

2 years ago

No Plan to Withdraw Naira Notes from Circulation, Says CBN

The Central Bank of Nigeria (CBN) Saturday dispelled rumours that it planned to replace the Naira notes in circulation with…

2 years ago

CBN to penalise banks for depositing mutilated notes

The Central Bank of Nigeria (CBN), at the weekend, warned Deposit Money Banks (DMBs) to immediately desist from bringing mutilated banknotes…

3 years ago

IMF: eNaira, other crypto better than bitcoin

The IMF says central bank digital currencies (CBDCs) such as eNaira are a better bet than cryptocurrencies including bitcoins and…

3 years ago