On June 11, an online news reported that the apex bank had extended the deadline, which closed on June 3, to December 31. However, Hakama Sidi Ali, the CBN acting director of corporate communications ...
CBN Governor, Olayemi Cardoso, has reiterated that the Nigerian financial system remains sound and stable, with positive performance indicators. The MPC has urged CBN to sustain its strong oversight r...
Despite the challenges, the Monetary Policy Committee held the MPR steady at 27.5 per cent, with Governor Yemi Cardoso attributing the naira’s resilience and balance of payments surplus to timely refo...
CBN TO HOLD MPC MEETING MAY 19 The Central Bank of Nigeria (CBN) is set to hold its monetary policy committee (MPC) meeting this week. The CBN said its 300th MPC meeting will be held on May 19 and 20 ...
The Central Bank of Nigeria (CBN) has announced a date for its 300th Monetary Policy Committee meeting. In a notice released on Tuesday, the CBN said its next MPC meeting will happen on May 19 and 20 ...
Nigeria’s gross external reserves have declined by 6.5 per cent year-to-date, shedding $2.67 billion between January and May 2025, amid mounting debt servicing obligations and sustained dollar interve...
The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has officially launched the Non-Resident Bank Verification Number (NRBVN) platform. With this...
The advisory, signed by the acting Director, Corporate Communications, Mrs Hakama Sidi-Ali and released to the media yesterday, noted that despite an earlier advisory issued on November 18, 2024, thes...
The World Bank has projected that Nigeria’s inflation rate will average 22.1 per cent in 2025, attributing the anticipated decline to the Central Bank of Nigeria’s tight monetary stance aimed at resto...
