CBN
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High monetary policy rate”ll continue to hurt investments – NECA
The Nigeria Employers’ Consultative Association (NECA) has said the apex bank’s successive increase in the Monetary Policy Rate (MPR) will…
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Interest rate hike bad for real sector investment – CPPE boss
The Centre for the Promotion of Private Enterprise (CPPE) has expressed concerns about the rate hike by the Monetary Policy…
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CBN raises interest rate by 150 basis points to 26.25%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has raised the country’s baseline interest rate…
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CBN’s cybersecurity Levy ill-timed, negates financial inclusion – Expert
A financial expert, Prof. Uche Uwaleke says the newly introduced 0.5 percent charges on electronic transactions as cybersecurity levy by…
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Unpaid judgment debt: CBN governor to receive contempt notice
A Federal High Court, Abuja has authorised the issuance of notices of contempt proceeding against the Governor of Central Bank…
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Panic as CBN bans Fintech Firms OPay, Palmpay, Kuda Bank, Moniepoint from Onboarding New Customers
The Central Bank of Nigeria (CBN) has ordered four fintech companies to suspend the onboarding of new customers until further…
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Forex: CBN approves sale of additional $10,000 each to 1,583 eligible BDCs
The Central Bank of Nigeria has approved the sale of an additional 10,000 each dollars to 1,583 eligible Bureaux De…
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NDIC commends CBN recapitalisation of banks
The Nigeria Deposit Insurance Corporation (NDIC) has commends the Central Bank of Nigeria (CBN) for its move to recapitalise banks…
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EFCC to arraign Emefiele in Lagos court for special offences
The Economic and Financial Crimes Commission (EFCC) will on Monday (April 8) arraign the embattled former Central Bank of Nigeria…
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LCCI urges CBN to reconsider MPR hike stance
The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to reconsider its monetary…
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