Senate seeks explanation from CBN over alleged non-remittance of N1.44tr surplus
THE Senate has asked the Central Bank of Nigeria, CBN, to provide a comprehensive explanation for the alleged non-remittance of N1.44 trillion in operating surplus.
Our reforms stimulating investments, trade balances, financial inclusion — CBN
The Central Bank of Nigeria (CBN) on Tuesday said that its ongoing reforms and improved policy initiatives are steadily stimulating economic growth, enhancing trade balance, and deepening financial inclusion across the country.
Cardoso assures youths CBN will sustain economic stability, transparency
Mr Cardoso described credibility as the “most valuable currency” in central banking.
14 banks fully met new capital requirements – CBN
Governor of the Central Bank of Nigeria, CBN, Yemi Cardoso, said yesterday that 14 Nigerian banks have fully met the new capital requirement in the ongoing recapitalisation exercise.
CBN reduces Monetary Policy Rate to 27%
The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points, from 27.5 percent to 27 percent.
Tinubu to CBN: Closely monitor digital currencies
President Bola Tinubu has directed the Central Bank of Nigeria (CBN) and other regulatory agencies to intensify oversight of digital currencies in the country.
