Our reporter/ The retrenchment of staff embarked upon by the Yemi Cardoso led management continued on Friday as 14 of the 17 directors who initially survived the ongoing purge at…
Read More Names of CBN directors sacked by Cardoso
Tag: #CBN
CBN advised to retain 24.75% lending rate
Some financial and economic experts have advised the Monetary Policy Committee of the Central Bank of Nigeria to retain the lending rate of 24.75 per cent. The experts, who gave…
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Interest rates would stay high until inflation is tamed, says Cardoso
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has hinted that interest rates would remain high until inflation rate is tamed. The apex Bank governor, according to…
Read More Interest rates would stay high until inflation is tamed, says Cardoso
Reps directs CBN to ‘withdraw ambiguous circular’ on cybersecurity levy
Our reporter/ Members of the House of Representatives on Thursday asked the Central Bank of Nigeria (CBN) to withdraw the circular directing financial institutions to commence implementation of the 0.5…
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CBN directs banks to charge 0.5% cybersecurity levy
Our reporter/ The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a circular…
Read More CBN directs banks to charge 0.5% cybersecurity levy