The Central Bank of Nigeria, CBN, has said that its decision to increase charges on cash withdrawals from ATMs of other banks was needed to incentivise banks to ensure improved access to cash at the ...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Thursday voted unanimously to retain the Monetary Policy Rate ...

The committee also voted to retain the Cash Reserve Ratio (CRR) at 50 per cent for Deposit Money Banks and 16 per cent for ...

The Central Bank of Nigeria (CBN) has set its sights on reducing inflation to a single digit in the medium to long term, ...

CBN has retained MPR at 27.5% as inflation dropped after rebasing, citing exchange rate stability, food price moderation amid ...

Nigeria’s central bank will probably hold interest rates steady later on Thursday, pausing an aggressive tightening cycle ...

Vice President Kashim Shettima is currently leading a meeting of the National Economic Council (NEC) at the Presidential ...

The CBN Governor announced the decision on Thursday, stating all parameters were unanimously held as committee assessed the ...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the Monetary Policy Rate (MPR) ...

Nigeria has taken another bold step in digital finance with the introduction of cNGN, the country’s first regulated ...

Economists have expressed mixed reactions on the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) decision to ...

The Central Bank of Nigeria, Monetary Policy Committee (MPC) has decided to retain the Policy Rate (MPR) which means that ...