Central Bank of Nigeria

The Speaker of the House of Representatives,  Hon. Tajudeen Abbas, has requested the Central Bank of Nigeria (CBN) to provide explanations for the recent dismissal of approximately 1,000 members of staff and the subsequent payment…

The Central Bank of Nigeria (CBN) has announced the extension of the suspension of collection of processing charges on cash deposits by commercial till September 30, 2024. The announcement is contained in it issued in Abuja on Wednesday.…

The Central Bank of Nigeria (CBN), has announced the immediate increase of interest rate from 22.75% to 24.75%. The new raise amounts to 200 basis points. The new increase is an outcome of the Monetary Policy Committee…

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso said that the daily depreciation of the Naira was due to the increasing number of Nigerians going abroad to study. He also stated that the indiscriminate medical tourism…