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A confidential letter from the Central Bank of Nigeria (CBN) to a commercial Bank Plc has been leaked, revealing a stern directive from the apex bank...
In a landmark move on June 16th, 2023, the Central Bank of Nigeria unveiled sweeping reforms to its foreign exchange operations, consolidating multiple rate windows into...
The Central Bank of Nigeria (CBN) on August 17th announced the official launch of its Price Verification System (PVS) portal, following a successful pilot phase and...
The Nigeria Deposit Insurance Commission (NDIC) has begun the process of payment of depositors in 179 microfinance banks and four primary mortgage banks across the country....
The special adviser on monetary policy to President Bola Tinubu and Ministerial nominee has said the current exchange rate of the naira to the dollar is...
The recent increase in the monetary policy rate by the central bank from 18.5% to 18.75% is unlikely to impact the financial market. This is according...
The Co-Managing Partner and CEO of Comercio Partners Asset Management, Tosin Osunkoya, has said that the Central Bank of Nigeria must strike a balance between controlling...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 25bps to 18.75% from 18.5% at its...
The International Monetary Fund (IMF) has said that Nigeria’s economy is set to gradually decline because of security issues in the country’s oil sector. This was...
The Chief Executive of the Center for the Promotion of Private Enterprise (CPPE) Dr Muda Yusuf signaled that the recent hike in rate by the CBN...