CBN Increases Interest Rate To 26.5 Percent
The Central Bank of Nigeria (CBN) has has increased the Monetary Policy Rate by 150 basis points to 26.25 Per cent from 24.75 percent. The CBN Governor, Yemi Cardoso announced … Read More
Tag: CBN
Means & Ways Loan: Senate Begins Probe of CBN Staff
Senate has said it will quiz some officials of the Central Bank of Nigeria on how the N30tn Ways and Means loan was obtained and spent by the Federal Government … Read More
Senate Tasks CBN on Statutory Reporting Compliance
The Nigerian Senate has tasked the Central Bank of Nigeria, (CBN) and its subsidiaries such as the Nigerian Security Printing and Minting PLC, NIRSAL Plc, NIRSAL Microfinance Bank on strict … Read More
CBN Appoints Hakama Sidi Ali As Spokesperson
The Central Bank of Nigeria has appointed Hakama Sidi Ali as the Acting Director of Corporate Communications. Hakama Sidi Ali holds degree and Masters in Mass Communication. She also earned … Read More
CBN Increases Interest Rate To 17.5 percent
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 100 basis points to 17.5 per cent. The CBN Governor, Godwin … Read More
SDP Presidential Candidate, Adebayo Faults New CBN’s Cash Withdrawal Policy
The Social Democratic Party (SDP) Presidential Candidate, Prince Adewole Adebayo described the new cash withdrawal limit by Central Bank of Nigeria as a plot against the masses and opposition. Prince … Read More
The CBN and quantitative easing: The chicken has come home to roost
By Chris Akor Nigerians must see the decision of the Central Bank of Nigeria to redesign the Naira and withdraw old currencies from circulation for what it is – … Read More
Buhari: I Approved CBN’s Move To Redesign Currency
President Muhammadu Buhari on Sunday gave reasons for supporting Central Bank of Nigeria to launch new designs and replace high value Naira notes. This was as he noted that the … Read More
Dry Season Farming: Kwara Gov Approves Purchase of New Bulldozers As Rice Farmers Get N115m Support
Kwara State Government has facilitated the disbursement of N115m by the Central Bank of Nigeria to local rice farmers to cultivate 420 hectares of land for the 2020/2021 dry season … Read More
Zamfara Govt Clarifies Gold Deal With CBN
A CASE OF MISCONCEPTION OF FACTS OF LAW BY A LAWYER The attention of Zamfara State Government has been drawn to a shocking and disappointing reaction in the media … Read More