CBN
Reforms: Nigeria on path to sustainable economic growth — CBN
By Obas Esiedesa, Abuja The Central Bank of Nigeria (CBN) has said Nigeria is on a path towards greater economic stability, increased competitiveness and sustainable growth following ongoing monetary, financial
Chika Mbonu: CBN Must Carefully Time CRR Reduction To Avoid Inflation
ARISE Business Analyst, Chika Mbonu, has urged the Central Bank of Nigeria (CBN) to carefully time any reduction in the Cash Reserve Ratio (CRR) to support economic growth without fuelling
CBN probes banks’ restriction of customers’ access to forex accounts
•To issue circular to commercial banks •As banks place limits on dispensable amounts By Emeka Anaeto, Business Editor Amid rising concerns over restrictions imposed by some banks on customers’ Financial
Experts divided over CBN’s 3% interest rate slash
***CBN cuts rate to 23%, says stability achieved ***Rate cut still too high to boost businesses — NCMDLCA By Emma Ujah, Abuja Bureau Chief, Babajide Komolafe, Peter Egwuatu, Yinka Kolawole,
Breaking: CBN cuts interest rate to 23%
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has reset the monetary policy rate (MPR) to 23 per cent. CBN Governor, Olayemi Cardoso, announced the decision
CBN, finance ministry sign MoU to strengthen fiscal-monetary policy coordination
By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have signed a Memorandum of Understanding (MOU) on Monetary-Fiscal Policy Coordination to
Still on CBN action on First Bank
CBN By Dele Sobowale “First Bank right to sack Adeduntan – Awosika.” News Report, May 2, 2021. Mrs Ibukun Awosika, former chairman of First Bank Plc, FBN, was reported in a
N120b petrol subsidy to double as CBN adjusts exchange rate
As the Central Bank of Nigeria (CBN) signals a subtle harmonisation of exchange rates with the removal of N379/$1 official rate from its website, all is set for labour unions
Currency printing is Finance Ministry’s responsibility, says Owoh
It was shocking to many economic agents to hear that that bank was under CBN-induced oxygen since 2016. Four years was too long for the CBN to maintain forbearance without
Northern commercial cyclists pick Moghalu to succeed Buhari
National Commercial Tricycle, Motorcycle Riders’ Association (NACTMORA) in northern Nigeria has settled for former Deputy Governor, Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, to lead the country in the
