CBN, Nigeria and central bank

CBN retains interest rate at 27.5% — first hold in almost three years
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR), which benchmarks interest rates in the country, at 27.50 percent.
CBN Retains Interest Rates at 27.5%, Nigerian Banks Release Savings Rates
The Central Bank of Nigeria, Monetary Policy Committee (MPC) has decided to retain the Policy Rate (MPR) which means that banks' lending rate will not change.
Nigeria's central bank keeps main interest rate unchanged
Nigeria's central bank held its benchmark lending rate at 27.50%, its governor Olayemi Cardoso said on Thursday. The decision follows six rate hikes last year totalling 875 basis points to try to get inflation under control.
CBN retains Nigeria’s interest rate at 27.50% amid inflation drops
The Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, the same rate as in November last year amid inflation drops. It also retained the Cash Reserve Ratio,
JUST IN: CBN retains interest rate at 27.50%, maintains other parameters
Monetary Policy Committee (MPC) has unanimously decided to hold all the parameters.This was announced by the CBN Governor, Mr Olayemi Cardoso, on Thursday during a press briefing in Abuja.In this regard,
Nigeria holds interest rate steady following inflation adjustments
Nigeria's central bank has kept its benchmark interest rate steady at 27.50%, according to Governor Olayemi Cardoso. ・Nigeria's central bank maintains benchmark interest rate at 27.50%. ・Inflation rate reported at 24.
Nigeria’s inflation drop reflects reality of consumption patterns — Cardoso
The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso said Nigeria’s current Consumer Price Index is reflective of the reality of consumption patterns. Cardoso made this known on Thursday during a press briefing at the end of the 299th Monetary Policy Meeting in Abuja.
Daily Post Nigeria on MSN1h
CBN spent $8bn on Naira defence against dollar at FX market – Rewane
The Chief Executive Officer of Financial Derivatives, Bismark Rewane, has revealed that the Nigerian government, through the ...
Legit on MSN1d
See more as CBN releases new data on money supply in Nigeria, defends ATM new charges from March 1
The Central Bank of Nigeria has provided a statistical breakdown of the country's money supply, highlighting how government ...
Nairametrics1d
CPPE commends CBN’s decision to pause rate hikes, calls for future reductions
The Centre for the Promotion of Private Enterprise (CPPE) has commended the Monetary Policy Committee (MPC) of the Central ...
This Day1d
CBN: Attracting Global Investors Through Reforms
With its harvest of reforms, resulting in investment inflows totalling $3.48 billion in six months, compared with $756.1 ...
Legit on MSN1d
CBN Releases Latest Naira to Dollar Exchange Rates As Official, Black Markets Converge
The Central Bank of Nigeria has provided an update on the naira exchange rate against the US dollar in the official and ...
Premium Times1d
Court orders final forfeiture of N830m, $4.7m, properties linked to Emefiele
The court gave the order on Friday following a motion on notice filed by the Economic and Financial Crimes Commission (EFCC).
TheCable1d
‘It’s been high for too long’ — Cardoso says CBN targeting single-digit inflation rate
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN) days the apex bank aims to cut inflation figures to a single digit, medium to long term.
Daily Post Nigeria on MSN18h
Kaduna: BEPU urges Nigerian govt to address infrastructural neglect in Birnin Gwari
The Birnin Gwari Emirate Progressive Union, BEPU, in Birnin Gwari local government area of Kaduna State has called on the ...
Nairametrics6d
CBN reveals 85.5% of large businesses in Nigeria perceive inflation as high
An overwhelming 85.5% of large businesses in the country perceive inflation levels to be high, which demonstrates the ...
Nigeria keeps benchmark interest rate steady as inflation seen falling gradually
Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was ...
Daily Post Nigeria on MSN2d
Dormant accounts in Nigerian banks hit 19.69m amid CBN’s policies drive
The number of dormant accounts in the Nigerian banking sector rose to over 19.69 million amid Central Bank of Nigeria’s ...