Experts Warn Interest Rate Hike Will Strain Economy
Experts have said, the Central Bank of Nigeria(CBN)’s move to hike interest rate by 400bps, putting the MPR figure at ...
Wednesday, March 11, 2026
Tag: CBN
CBN Not to Blame For Nigerians’ Challenges– Cardoso
The governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso has said, the apex bank is not responsible ...
CBN Injects Over $300m Into Banks Amid Naira Recovery
The Central Bank of Nigeria (CBN) has taken decisive steps to shore up the value of the Nigerian Naira, injecting ...
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 ...
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 ...
