Nigeria: CBN – Restoring Economic Confidence Through Monetary Policies
The Central Bank of Nigeria (CBN) has been at the forefront of bold economic reforms recently, especially in 2024, signaling ...
Tag: CBN
Nigeria: Why CBN Set N100,000 Daily Withdrawal Limit On Pos Terminals
The Central Bank of Nigeria, CBN, has explained the introduction of a N100,000 daily withdrawal limit on point-of-sales, PoS, terminals ...
Nigeria: Reps Ask CBN to Clamp Down On Illegal Digital Loan Platforms
The House noted that criminals often use loan apps to extort money from victims. The House of Representatives has urged ...
Nigeria: Suspend Planned Retirement of 1,000 Staff, N50bn Payoff, Reps Tell CBN
The House of Representatives has urged the Central Bank of Nigeria(CBN) to suspend further implementation of its planned retirement of ...
Nigeria: CBN Reintroduces Key Economic Reports to Enhance Transparency
The reintroduced reports include the Purchasing Managers' Index (PMI), Business Expectation Survey (BES), Inflation Expectation Report, and other significant macroeconomic ...
Nigeria: CBN and the Road to One Trillion Dollars
The resilience of the Nigerian economy in the first half of 2024 is obvious. The economy recorded a growth rate ...
Nigeria: Ops Asks CBN to Settle $2.4bn Fx Forwards
Members of the Organised Private Sector (OPS) have called on the Central Bank of Nigeria (CBN) to promptly settle valid ...
Nigeria: CBN Can Collect Customers’ Social Media Handles, Court Rules
Justice Nnamdi Dimgba of the Federal High Court in Lagos has held that the Central Bank of Nigeria (CBN) is ...
Nigeria: CBN Directs Nigerian Banks to Increase Capital Base
All banks are required to meet the minimum capital requirement within 24 months The Central Bank of Nigeria (CBN)on Thursday ...
Nigeria: Again, CBN Increases Interest Rate to 24.75 Percent
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate by 200 basis points to 24.75 per cent ...
