Naira loses over half of its value in Cardoso’s one year in office
The Naira has lost over half of its value in one year since Yemi Cardoso assumed office as the Governor ...
Tag: CBN
MPC meeting: Experts advocate for pause in interest rate hike in Nigeria
Financial experts have called for a pause on interest rate hikes to stabilize Nigeria's struggling economy.
Top 10 banks with lowest lending rates for Nigerian manufacturers
The Central Bank of Nigeria (CBN), under Yemi Cardoso, has increased the monetary policy rate (MPR) four times to combat ...
Keystone Bank announces Ada Chukwudozie as Chairperson, others as Board members
The Central Bank of Nigeria (CBN) has appointed Lady Ada Chukwudozie as the Chairperson of the new Board of Keystone ...
CBN to expand eNaira for government payments, MDAs transactions
The Central Bank of Nigeria (CBN) plans to expand the use of its digital currency, eNaira, to facilitate payments into ...
Ways and Means Advances to continue at 5% threshold, CBN says in new guidelines
The Central Bank of Nigeria (CBN) has reaffirmed that its Ways and Means Advances to the federal government will continue ...
eNaira: Nigeria, others, top global CBDC adoption as 44 countries join race – Report
Nigeria has been listed as one of the top 3 countries in the world where Central Bank Digital Currency (CBDC) ...
Foreign companies outpace locals in tax payments to Nigeria on weak naira boost
Nigeria’s foreign exchange (FX) unification policy, implemented by the Central Bank of Nigeria (CBN) in June 2023, aimed to simplify ...
Interest rates on Nigerian Treasury Bills drop again as subscriptions more than double
The Central Bank of Nigeria (CBN) has recorded a significant influx of demand in the latest Nigerian Treasury Bills (NTB) ...
Top 10 loan apps in Nigeria by user ratings as of September 2024
Loan apps or digital money lenders, as the companies behind them are known, have become essential in Nigeria's informal economy ...
