Our reporter/ President Bola Tinubu has ordered the probe of the Central Bank of Nigeria (CBN) and related activities and has tapped Mr Jim Osayande to head the task. This…
Read More Tinubu probes CBN, names Osayande special investigator
Tag: #CBN
CBN raises interest rate to 18.75%
Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR), which measures interest rate, from 18.5 percent to 18.75%. Acting CBN Governor, Folashodun Shonubi,…
Read More CBN raises interest rate to 18.75%
CBN reduces tenure of bank MDs to 12 years maximum
The Central Bank of Nigeria (CBN) has approved a new code of corporate governance which specified that the tenure of a bank’s managing director or chief executive officer (CEO) can…
Read More CBN reduces tenure of bank MDs to 12 years maximum
Nigerians can now receive diaspora remittances in Naira – CBN
Our reporter| The Central Bank of Nigeria (CBN) has disclosed that the nation’s official currency, the naira can now stand as a payout option for remittances from the diaspora. The…
Read More Nigerians can now receive diaspora remittances in Naira – CBN
CBN, Bill Gates to collaborate on financial inclusion
The Central Bank of Nigeria (CBN) and the Bill and Melinda Gates Foundation (BMGF) have held strategic discussions in Abuja on how to deepen collaboration on financial inclusion in Nigeria.…
Read More CBN, Bill Gates to collaborate on financial inclusion