CBN increases interest rate to 15.5%, gives reasons
To combat the growing inflation rate, the Monetary Policy Committee of the Central Bank of Nigeria increased the benchmark…
Browsing Tag
cbn
Access Holdings gets CBN approval to establish own payment company
Access Holdings Plc, trading as Access Corporation, has announced that it has received the Central Bank of Nigeria’s final…
How our support to manufacturing, health sectors, MSMEs is yielding results…
The Central Bank of Nigeria (CBN) says its continued support to the manufacturing sector and MSMEs has been yielding great…
How CBN is championing Nigeria’s economic diversification – Emefiele
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said the apex bank under his watch has taken major leaps to…
Trapped funds: CBN releases $265m to airlines
The Central Bank of Nigeria (CBN) on Friday released the sum of $265 million to airlines operating in the country to settle…
Nigeria’s forex inflow drops 17% to $6.6bn
The Central Bank of Nigeria (CBN) has said that aggregate foreign exchange inflows into the nation’s economy fell by 17.3 per cent…
FG engages CBN, others to facilitate release of $600m trapped foreign…
The Federal Government is currently engaging relevant authorities to ensure over $600 million of trapped foreign airlines’ funds…
eNaira records 200,000 users, N4bn transactions value – Emefiele
The Central Bank of Nigeria (CBN)’s digital currency, eNaira, has recorded 200,000 volumes and four billion Naira value of…
CBN unveils USSD code to access eNaira, effective from next week
The Central Bank of Nigeria (CBN) has unveiled a new short code for subscribers of its digital currency, eNaira to make…
CBN ends COVID-19 slash, reverts to 9 percent interest rate on all its…
The Central Bank of Nigeria (CBN) has reverted to 9 percent interest rate on its facilities, ending its Covid-19 period reduction…