Why CBN raises MPR from 18.75% to 22.75% – Cardoso
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) by 400 basis points (bps)...
CBN refutes claims of Naira devaluation, says $1/N465 remains
The Central Bank of Nigeria (CBN), has debunked media report of its devaluation of naira to N631 from the rate of N461/$.
The Alternative Bank delights customers with exclusive seasonal product
Ahead of the festive period, The Alternative Bank is offering customers an innovative financial product designed to enhance the holiday experience.
Why CBN appoints new executives for Union, Keystone, Polaris Banks
The Central Bank of Nigeria (CBN) on Wednesday in a terse statement announced the dissolution of the boards and management of Union, Keystone and Polaris Banks.
FG shares N1.13trn December 2023 revenue to states, LGAs
The Federation Account Allocation Committee (FAAC) says it shared N1.13 trillion among the three tiers of government as revenue in December 2023.
The total figure...
NIDCOM hails Tinubu’s administration, CBN on naira payout policy
Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM) has commended the new payout policy of the Central Bank of Nigeria (CBN) as a boost to diaspora remittances.
