Inauguration: Tinubu promises to revisit CBN’s naira redesign policy
In his inaugural speech in Abuja on Monday, President Bola Ahmed Tinubu announced that his administration would treat both the ...
Tag: CBN
Rising inflation: Economists urge CBN to focus on key drivers
Some Economists have advised the Central Bank of Nigeria (CBN) to focus more on the supply side or cost push ...
Post MPC Review: CBN remains hawkish with a further 50bps hike
The CBN's MPC raised the MPR by 50bps to 18.5% from 18.o% at its 3rdMonetary Policy Committee (MPC) meeting for ...
Sustainable finance, germane for transforming Nigeria’s economy – NGX
CBN is reviewing the Nigerian Sustainable Banking Principles to incorporate climate risk reporting for the banking sector.
Licence revocation: Eyowo says customers will not be able to withdraw, send money
With the revocation of its licence, the bank has obviously been disconnected from other banks in the country. Hence, Eyowo ...
Nigeria’s low credit to GDP ratio undermines private sector credit growth
Data from the Central Bank of Nigeria (CBN) reveals that the credit issued to the Nigerian private sector rose to ...
25 basis points rate hike likely as CBN’s MPC concludes meeting tomorrow
We anticipate a 25 basis points increase in the Monetary Policy Rate (MPR) by the Central Bank of Nigeria (CBN) ...
Dangote refinery delivered at a total cost of $18 billion- Emefiele
CBN Governor, Godwin Emefiele has said that the Dangote refinery was delivered at a total cost of $18 billion.
Nigeria records forex supply of $15.2 billion via official window
Nigeria's foreign exchange supply through the official window increased to $15.2 billion in 2022, representing a 17.7% rise from 2021.
MPR: Why CBN will need to raise rates again
To address the inflationary challenges, the CBN needs to implement additional measures, including a more flexible exchange rate regime.
