Tag: CBN
CBN Governor approves apex bank’s reviewed service charter
The (CBN) Governor, Dr. Olayemi Cardoso, has approved the reviewed “Service Charter” of the apex bank.
CBN moves to restore investor confidence, begins clearance of FX
The Central Bank of Nigeria (CBN) has started clearing backlogs of foreign exchange (FX) forward contracts through some banks as part of efforts to rebuild confidence in the Nigerian economy.
Tinubu nominates Cardoso as new CBN Governor
President Bola Tinubu has nominated Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN), for a term of five years at the first instance.
CBN hikes interest rate to 18.75%
The Monetary Policy Committee, the policy-setting committee of the Central Bank of Nigeria (CBN), has raised the monetary policy rate (MPR), which measures interest rate, from 18.5 per cent to 18.75 per cent.
CBN refutes claims of Naira devaluation, says $1/N465 remains
The Central Bank of Nigeria (CBN), has debunked media report of its devaluation of naira to N631 from the rate of N461/$.
CBN increases interest rate to 18.50%
The Central Bank of Nigeria (CBN) has again increased the monetary policy rate (MPR) by 0.50 per cent to 18.50 per cent.