CBN increases interest rate to 18.75% in first MPC session since Emefiele’s suspension
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the benchmark interest rate (MPR) by ...
Tag: CBN
Court grants Emefiele N20m bail
The suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been granted bail by a Federal High ...
Suspended CBN, Godwin Emefiele arraigned over firearm charges, pleads not guilty
The suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, was arraigned on Tuesday morning at the Federal High Court ...
CBN’s Hawkish Approach: 50bps rate hike likely as MPC concludes meeting
In line with our projections of a slower pace of rate hikes in H1 2023, the MPC raised the MPR ...
CBN MPC Meeting: All eyes on Shonunbi as Nigeria awaits interest rate decision
Amidst economic uncertainty, all eyes are set on the acting Central Bank of Nigeria (CBN) Governor, Fola Shonubi, as the ...
Nigeria’s reserves shrink on low oil production, moderated oil prices and capital flight
Based on figures obtained from the Central Bank of Nigeria’s (CBN) data on the movement of external reserves, the country’s ...
Raising MPR further will worsen the economy, experts warn CBN ahead of MPC meeting
Financial experts have warned that any attempt by the Central Bank of Nigeria (CBN) to further raise the Monetary Policy ...
SERAP sues CBN over unlawful regulations on customers’ social media handles’
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) over “the ...
New Electricity Act: State Governments will need investors to fund power infrastructure – Osefan Anegbe
Anegbe stated this at the Nairametrics Webinar tagged ‘Embracing Opportunities for a Prosperous Power Sector.’
Doubts creep in as divergence between official rate and black-market rate widens
As of last Friday, Nigeria's official exchange rate is facing a significant divergence from parallel market rates, inching close to ...
