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CBN
The CBN's MPC raised the MPR by 50bps to 18.5% from 18.o% at its 3rdMonetary Policy Committee (MPC) meeting for the year 2023.
CBN is reviewing the Nigerian Sustainable Banking Principles to incorporate climate risk reporting for the banking sector.
With the revocation of its licence, the bank has obviously been disconnected from other banks in the country. Hence, Eyowo said it is also working with its partner banks to fix the problem.
Data from the Central Bank of Nigeria (CBN) reveals that the credit issued to the Nigerian private sector rose to N43 trillion in 1Q 2023
We anticipate a 25 basis points increase in the Monetary Policy Rate (MPR) by the Central Bank of Nigeria (CBN) at the end of its MPC today.
CBN Governor, Godwin Emefiele has said that the Dangote refinery was delivered at a total cost of $18 billion.
Nigeria's foreign exchange supply through the official window increased to $15.2 billion in 2022, representing a 17.7% rise from 2021.
To address the inflationary challenges, the CBN needs to implement additional measures, including a more flexible exchange rate regime.
IMF researchers called the eNaira's debut year 'admirable', but offered more suggestions for improving its core mandate.
Headline inflation maintained its upward trend in April albeit at a moderate pace, 18bps higher than the 22.04% recorded in March.
Nigeria recorded a total foreign exchange inflow of $72.4 billion in 2022, according to the CBN's quarterly statistical bulletin for Q4 2022.
The Governor of Zamfara State, Bello Matawalle, has urged President Muhammadu Buhari not to approve any study leave or foreign trip for the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, or any other government official critical to the take-off of the incoming administration.