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World Admires Nigeria For Taking Difficult But Necessary Reforms - Cardoso

Why We Increased ATM Withdrawal Charges – CBN

The Central Bank of Nigeria (CBN) has justified its decision to increase charges on cash withdrawals from ATMs of other banks, stating that the move aims...

Just In: MPC: CBN Keeps Interest Rate At 27.50%

Business1 year ago

CBN Raises Interest Rate To 22.75%

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) by four hundred basis points to 22.75 per cent from 18.75 per cent....

CBN Not Doing What It Should Do To Grow Economy - Idika Kalu

Business2 years ago

CBN Postpones MPC Meeting For The Second Time

The Central Bank of Nigeria (CBN) has postponed the meeting of its Monetary Policy Committee (MPC) for the second time. The CBN’s Director of Corporate Communications,...

Business2 years ago

CBN Says Banks Gave Out ₦947.46 Billion As Loans In December

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) reported that in December 2022, Deposit Money Banks gave their clients 130,854 new credits...

Business3 years ago

Reactions Trail Huge Debt Service, As Naira Depreciation Shoots Up Nigeria’s Foreign Debt by ₦8.72tn

Reactions from some industry players in the financial sector have trailed Nigeria’s huge debt service caused by the depreciation of the Naira in the period of...