CBN
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CBN Hikes Interest Rate to 27.5% to tame surging inflation
BRANDECONOMY reports that Tuesday’s decision is the sixth consecutive tightening of the MPR since Cardoso assumed office as CBN governor.
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Why CBN may raise interest rates again – Uwaleke
Cardoso has increased the MPR by 850 basis points since the commencement of his tenure.
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Beware of fraudsters peddling contracts, project funding claims – CBN
“We, therefore, encourage the public to remain vigilant and promptly report any suspicious activities or publications to the relevant law…
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CBN set to penalise Banks aiding, abetting Naira hawking
“To enhance public access to cash, we encourage banks to prioritise cash distribution through Automated Teller Machines (ATMs).
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CBN, IFC sign agreement to increase Nigeria’s local currency financing
BRANDECONOMY reports that the IFC is the largest global development institution focused on the private sector in emerging markets.
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Safety nets in place to safeguard public funds, CBN assures
The Central Bank of Nigeria (CBN) has reiterated its commitment to ensuring the stability of the Nigerian financial system. …
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CBN tells customers what to do over arbitrary, illegal bank charges
The central Bank of Nigeria (CBN) has urged customers to study the CBN’s guide to bank charges to know how…
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CBN partnering MFBs to stimulate growth, promote financial inclusion
The Central Bank of Nigeria (CBN), says it is partnering with Microfinance Banks (MFBs), to enhance financial inclusion to stimulate…
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As CBN further raises MPR, Cardoso says Dangote Refinery ‘ll moderate FX pressure
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further increased the Monetary Policy Rate (MPR)…
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CBN approves $20,000 each for eligible BDCs at N1,580 exchange rate
The Central Bank of Nigeria (CBN), says it has approved 20,000 dollars each for eligible Bureaux De Change (BDCs) at…
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