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Tag: #CBN

Business Economy headline

CBN sold $543.5 million to banks in September to stabilise forex market – Official

Iheanyi Ejiofor October 4, 2024 No Comments #CBNforex

The Central Bank of Nigeria (CBN) says it sold 543.5 million dollars to authorised dealer banks between Sept. 6 and Sept. 30. According to a statement by Omolara Duke, director,…

Read More CBN sold $543.5 million to banks in September to stabilise forex market – Official
Business Economy headline

Cardoso champions Africa’s voice at Bretton Woods’ 80th anniversary Forum

Iheanyi Ejiofor September 29, 2024 No Comments #Bretton Woods#Cardoso#CBN

Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso has concluded his participation in the high-level Bretton Woods at 80 Forum, where he represented Africa’s interests on the global…

Read More Cardoso champions Africa’s voice at Bretton Woods’ 80th anniversary Forum
Business Economy headline

CBN further tightens monetary policy, raises interest rate to 27.25 per cent

Iheanyi Ejiofor September 24, 2024 No Comments #CBN#interest rate#Monetary policy#MPR

Our reporter/ The Central Bank of Nigeria has further raised its Monetary Policy Rate(MPR) by 50 basis points to 27.25 per cent from 26.75 per cent. This was revealed by…

Read More CBN further tightens monetary policy, raises interest rate to 27.25 per cent
Business Economy headline

CBN clarifies controversy over policy document

Iheanyi Ejiofor September 20, 2024 No Comments #CBN#controversy#document#policy

The Central Bank of Nigeria on Friday made some clarifications regarding the Monetary, Credit, Foreign Trade, And Exchange Policy Guidelines For Fiscal Years 2024 – 2025 document published on Tuesday,…

Read More CBN clarifies controversy over policy document
Business Economy headline

Tinubu never asked CBN gov Cardoso to resign – Presidency

Iheanyi Ejiofor September 17, 2024 No Comments #Cardoso#CBN#Resignation#TinubuPresidency

The presidency on Tuesday denied reports that President Bola Tinubu asked Yemi Cardoso the Governor of the Central Bank of Nigeria [CBN] to resign from his position. The Special Adviser…

Read More Tinubu never asked CBN gov Cardoso to resign – Presidency

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