BDC Should Not to Be An All Comers affairs-CBN
In a pivotal Monetary Policy Committee (MPC) press conference, Central Bank of Nigeria (CBN) Governor Cardoso delivered a resolute message...
Just In: CBN Push Additional $400 Million to Clear FX Backlog to Stabilize Exchange Rate
In a groundbreaking move aimed at addressing Nigeria's foreign exchange backlog, the Central Bank of Nigeria (CBN) has announced the...
Breaking: CBN Raises MPR to 227.75% up 400 basis points Amid Economic Uncertainty
The Central Bank of Nigeria (CBN) has announced a substantial increase in the Monetary Policy Rate (MPR) by 400 basis...
CBN Debunks Claims of Weekly FX Sales to Bureau De Change Operators
The Central Bank of Nigeria (CBN) has issued a statement refuting recent rumors circulating regarding the resumption of weekly sales...
Japan’s Inflation Slows to 2% in January
In January, Japanese consumer inflation eased for the third consecutive month, with prices rising just 2.0 percent, according to government...
CBN Injects Over $300 Million into Banks as Naira Sees Uptick
Amidst concerted efforts to stabilize the naira-dollar exchange rate, the Central Bank of Nigeria (CBN) has injected over $300 million...
Equity Market Suffers N2 Trillion Loss Amidst Rising Bond Yields
The Nigerian equities market continued its downward trajectory, with investors witnessing a staggering loss of N1.99 trillion in market capitalization...
BDCs Set Terms for Compliance with CBN Directive
The Association of Bureau De Change of Nigeria (ABCON) has responded to the recent directive issued by the Central Bank...
CBN’s 293rd MPC Meeting Commences: Addressing Nigeria’s Economic Challenges
Today marks the commencement of the 293rd Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN), with...
CBN Removes Over N1 Trillion Excess Cash from Access Bank, Zenith, and Others
In a bid to address the persistent challenges facing the Nigerian economy, the Central Bank of Nigeria (CBN) has taken...
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