Boma Achenimie
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday raised the interest by 50 basis points to 26.75 per cent from 26.25 per cent in May 2024. The Governor of…
Boma Achenimie
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso on Saturday presented the 2024 half-year briefing to the Senate Committee on Banking, Insurance, and Other Financial Institutions. This was disclosed in a posted…
Boma Achenimie
The Central Bank of Nigeria (CBN), has successfully concluded a sale of government securities, issuing N1.053 trillion (US$680 million) in short-term instruments as part of its liquidity management exercise. The apex bank said 79 per…
Boma Achenimie
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN) on Friday said the apex bank will halt its Ways and Means loans to President Bola Tinubu-led Federal Government. The CBN Governor disclosed this…
Boma Achenimie
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN) has finally broken his silence over the controversies surrounding the relocation of some departments of the apex bank from Abuja to Lagos State. Cardoso…
Boma Achenimie
Mr Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN) has said about $2.4 billion out of the reported $7 billion outstanding foreign exchange liabilities of the Federal Government are not valid for settlement.…
Boma Achenimie
In a bid to curb the dwindling fortunes of the naira against the dollar, the Finance Minister and Coordinating Minister for the Economy, Wale Edun, has met with the Central Bank of Nigeria (CBN) Governor,…
Boma Achenimie
The upper chamber of the National Assembly, on Wednesday, summoned the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to appear before it on Tuesday to explain the state of the national economy…
Boma Achenimie
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN) on Wednesday hinted at a drastic fall in the pump price of Petroleum Motor Spirit (PMS) also known as petrol or fuel. Cardoso who…
Goli Innocent
The Central Bank of Nigeria (CBN) on Sunday revealed that Nigeria’s external reserves declined by $520.22 in five weeks. According to the CBN’s data on movement in reserves sighted by New Telegraph shows that the…
