The Central Bank of Nigeria, CBN yesterday assured the public of its commitment to the stability of the financial system and safety of depositors’ funds. Meanwhile, the Chartered Institute of ...

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has clarified that the apex bank does not determine the foreign exchange rate, stating that it is driven by economic ...

Actress Jodi Sta. Maria expressed her sadness over the news that ABS-CBN Corp. had let go of another batch of employees amid financial struggles due to declining ad revenues. Sta. Maria reposted a ...

The Central Bank of Nigeria has commenced a re-validation exercise to ascertain complaints of manufacturers and importers ...

The Central Bank of Nigeria (CBN) has temporarily withdrawn its 2024-2025 Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines due to widespread misrepresentations in the media.

The CBN’s persistent monetary tightening stance means businesses must cope with higher borrowing costs. Increasing the CRR for banks means more loanable funds have been sterilised. This further ...

Addressing journalists at an ongoing press briefing after the committee’s fifth meeting for the year at the CBN headquarters on Tuesday in Abuja, the governor of the apex bank, Olayemi Cardoso ...

Unconvinced by the relative decline in inflation in July and August, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), yesterday resolved to raise the Monetary Policy Rate ...

Folashodun Shonubi, a witness in the trial of former Central Bank of Nigeria (CBN) governor Godwin Emefiele, told the High Court of the Federal Capital Territory (FCT) yesterday that the naira ...

The drop in the value of the naira at both foreign exchange markets comes on the heels of the CBN Monetary Policy Committee’s fifth interest rate hike on Tuesday.

In a show of strong support for GTCO and a move to debunk false allegations being levelled against the GTCO and its Executive Management by faceless and unqualified entities using the media, the ...

This is according to the September 2024 Inflation Expectations Survey (IES) of the Central Bank of Nigeria (CBN), which gathered opinions from businesses and households across the country. The survey, ...