Inflation: CBN increases Price Verification System limit from 2.5% to 15%,
The Central Bank of Nigeria (CBN) has announced an upward review of the Price Verification System (PVS) from 2.5 per cent to 15 per cent.
CBN will bring inflation down to 21.4% in 2024 – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, said that the apex bank is working to reduce the headline inflation rate to 21.4 per cent this year.
CBN’s power play: What lies beneath the banking drama
By AWAAL GATA THE recent decision by the Central Bank of Nigeria, CBN, to dissolve the Boards and Management of Union Bank, Keystone Bank, and Polaris Bank has ignited widespread discussions across the nation. This move has not only attracted attention but has also divided public opinion, with the public interpreting the decision in different ways […]
ACF protests planned relocation of CBN units, FAAN hqtrs to Lagos
The Arewa Consultative Forum (ACF) has alleged that the planned relocation of CBN units and FAAN Headquarters to Lagos by the incumbent administration, was a deliberate ploy to underdevelop the Northern region.
CBN pays $2bn in outstanding forex liabilities
The Central Bank of Nigeria (CBN) says it has paid approximately two billion dollars in its bid to clear the backlog of outstanding foreign exchange liabilities across various sectors.
CBN plans to launch stablecoin February 27
The Central Bank of Nigeria (CBN) has approved the launch of the Nigerian naira (cNGN) stablecoin and set to launch on February 27, 2024.
