JUST-IN: CBN Raises Interest Rate To 16.5%
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which is the official interest rate, by ...
Tag: CBN
Naira Redesign: CBN Commits To Protecting Unbanked, Underserved
The Central Bank of Nigeria (CBN) has restated its commitment to preserving the integrity of the naira whilst protecting the ...
Farmers Decry CBN’s Decision To Stop Funding Anchor Borrowers Programme
Farmers in the country have decried the decision by the Central Bank of Nigeria (CBN) has stopped funding the much ...
Naira Redesign: We Followed Due Process, CBN Insists
The Central Bank of Nigeria (CBN) has insisted it followed the law and due process to carry out the process ...
CBN Spends N281bn To Print New Notes In 5 Years
The CBN has spent N281.07 billion to print bank notes between 2016 and 2020 and another N3.88 billion to destroy ...
CBN Targets 100% Cashless Economy
The Central Bank of Nigeria (CBN) has said it will be taking decisive steps to ensure that the country operates ...
Why Abia, Benue Are Denied CBN Loan – Wike
Rivers State Governor Nyesom Ezenwo Wike has threatened to expose some persons who had surreptitiously stopped the release of the ...
CBN Disburses N2.10trn For 426 Real Sector Projects
The Central Bank of Nigeria said it has supported the real sector of the nation’s economy with N2.10 trillion as ...
CBN, NDIC Buoyed Nigeria’s Economy During Recession – Finance Minister
Minister of finance, budget and national planning Zainab Ahmed has said the resilience of the nation’s financial system, led by ...
Spike In Interest Rate May Slow Down Borrowing From Banks
The Monetary Policy Committee of the Central Bank of Nigeria, rose from its 287 meeting last month raising benchmark interest ...