Tag: CBN
Experts advise CBN’s MPC to retain MPR at 24.75%
Abuja, May 20, 2024 – Some experts have advised the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to retain the...
Lawmakers halt implementation of cybersecurity levy
The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately halt the implementation of the cybercrime levy in compliance with...
How CBN concludes sale of N1trn govt securities
The Apex bank, the Central Bank of Nigeria (CBN) says it has concluded a sale of government securities, issuing N1.053 Trillion (US$680 million) in...
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)...
Why 1,368 BDCs to get $20,000 CBN FX intervention
About 1368 eligible Bureau De Change (BDC) Operators in Abuja, Awka, Kano and Lagos are set to benefit from the 20,000 dollars weekly FX...
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.