The Monetary Policy Committee (MPC) of the CBN raised Monetary Policy Rate (MPR) – inter-bank loan interest rate – by…
Browsing: CBN
Some financial experts on Monday expressed different views on the outcome of the Monetary Policy Committee of the Central Bank…
“We write to inform you of the sale of $10,000 to each BDC at the rate of N1,251/$1. The BDCs are to sell to eligible end users at a spread of NOT MORE THAN 1.5 percent above the purchase price.”
It said that the CBN recently concluded the payment of $1.5 billion to settle obligations to bank customers, effectively settling the residual balance of the FX backlog.
The Nigerian Exchange Ltd. (NGX) market capitalization on Monday closed on a negative note, losing N239 billion. Specifically, the market…
It would be recalled that Cordoso late last year redeployed some of the directors to the FSS 2020 unit of the bank which is under the Governor’s purview but has its office located in the Maitama District – one of the high brow areas in Abuja.
The money was taken from the CBN vault in the name of mobilizing international observers for the 2023 general elections “and allegedly shared with the top Officials of the State House, Office of the Secretary to the Government of the Federation, and others.
President Bola Tinubu has sought the Senate’s confirmation for the appointment of Dr Ruby Onwudiwe, as a member of the…
The Nigerian Senate has inaugurated an ad-hoc committee to probe the Central Bank of Nigeria (CBN’s) Anchor Borrowers Programme, and…
The special adviser to President Bola Tinubu on Media and Publicity, Ajuri Ngelale, has said the former Central Bank Governor,…