By Ubong Ukpong The House of Representative s directed the Central Bank of Nigeria (CBN) to rescind it’s recent policy on cash withdrawals. House also summoned...
By Tony Obiechina, Abuja Following the Naira redesign, the Central Bank of Nigeria (CBN) has directed that the maximum cash withdrawal over the counter by individuals...
By Tony Obiechina, Abuja Determined to control inflation and ease pressure on the Naira, the Central Bank of Nigeria on Tuesday raised its benchmark lending rate...
The Central Bank of Nigeria (CBN) said the currency redesign is aimed at protecting Nigerians in unbanked, underserved and rural areas. The apex bank said it...
The Central Bank of Nigeria (CBN) said it followed due process in its decision to redesign some denominations of the naira, adding that the exercise was...
As means of checking serial abuse of the naira, the Central Bank of Nigeria (CBN) has concluded plans to redesign certain denominations of the currency. Mr...
By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) has released a programme of events to commemorate the first anniversary of the launch of Africa’s...
By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share...
By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR), also known as interest rate, from 13.5% to...
By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR), also known as interest rate, from 13.5% to...