CBN Raises Monetary Policy Rate To 22.75%
In a significant move, the Central Bank of Nigeria (CBN) has announced a substantial increase in the monetary policy rate ...
Wednesday, January 22, 2025
Tag: CBN
CBN Sets Duty Charges To Form M Amid Analyst Calls
Having adjusted the exchange rate for importation more than six times this year, the Central Bank of Nigeria (CBN) has ...
CBN Sells N1.58trn In Treasury Bills, Sets 19% Interest Rate
The Central Bank of Nigeria (CBN) has conducted a successful Treasury Bills auction, selling a substantial N1.58 trillion as part ...
CBN Weighs Crackdown On BDC Street Trading, Limits Forex Purchases
The Central Bank of Nigeria (CBN) is mulling over a stringent crackdown on Bureau De Change (BDC) street trading and ...
Senate Confirms Appointment Of 12-member CBN Monetary Policy Committee
The Nigerian Senate has granted approval for the appointment of a 12-member Monetary Policy Committee (MPC) of the Central Bank ...
“Nigeria’s Money Supply Hits New All-Time High of N93.72 Trillion in January 2024”
In a notable revelation, the Central Bank of Nigeria (CBN) has disclosed that Nigeria's broad money supply, a key indicator ...
N3.28trn Cash Outside Banking System – CBN
Data released by the Central Bank of Nigeria(CBN) shows that the amount of  currency outside banks at the end of January ...
I&E Forex Inflow Plunges By 58.1% To $1.2bn
Foreign exchange inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) receded last week as the value of the naira ...
CBN Enforces Electronic-only Policy, Halts Cash Payments For Foreign Travel
The Central Bank of Nigeria (CBN) has announced a significant policy change, directing all authorised dealer banks to discontinue the ...
House Probes NCAT’s Helicopter Sale At 80% Discount
The House of Representatives has commenced an investigation into the sale of two training helicopters by the Nigeria College of ...
