Tag
CBN
Nigerian banks and the organised private sector (OPS) have called on the Central Bank of Nigeria (CBN) to increase foreign exchange allocation to the real sector.
The Central Bank of Nigeria (CBN) in collaboration with the Africa Fintech Foundry (AFF) is set to support 10 startups, to increase the adoption of eNaira in the country.
In the past seven months (December 2021 and July 2022) Nigerians are experiencing a sharp worsening of the misery index by almost 81 basis point each month.
BDC operators have urged the Central Bank of Nigeria to abandon the official exchange rate and float the Naira amid the crash.
The Central Bank of Nigeria has reaffirmed its commitment to resolving the foreign exchange crisis currently rocking Nigeria.
The CBN has moved to freeze 157 accounts of companies for allegedly diverting funds meant for the procurement of prepaid meters.
President Buhari has nominated four persons for appointment as Non-Executive Directors of the Board of the Central Bank of Nigeria (CBN).
The CBN has challenged an order by the National Industrial Court, Abuja asking it to pay pension arrears to Jolly Nyame, the former Taraba governor and three others.
The CBN Governor has said that the country achieved about $2.9 billion from the non-oil export proceed as at the first quarter of 2022.
The MPC of the CBN unanimously raised the MPR from 13.0% to 14.0%, the second consecutive hike and a cumulative 250bps increase within three months.
In the recently concluded Monetary Policy Committee meeting for July 2022, the Central Bank of Nigeria raised MPR to 14%.
The Debt Management Office has stated that Nigeria is not at risk of “debt distress” due to its $15.9 billion Eurobonds.