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CBN further increases interest rate by 50 basis points to 27.25%

  The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further increased the Monetary Policy Rate (MPR) by 50 basis points...

Senate summons CBN Gov. on state of economy

  The Senate, through its committee on Banking, Insurance and other Financial Institutions has summoned the Governor of Central Bank of Nigeria (CBN), Olayemi...

CIBN backs CBN on banking reforms

The Chartered Institute of Bankers of Nigeria (CIBN) has hailed the Central Bank of Nigeria (CBN) for the recent reform in some banks. The...

CBN plans new round of recapitalisation for banks

The Central Bank of Nigeria (CBN) says it is planning to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs). Mr...

FX convergence: ABCON seeks autonomy to digitise operation

The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the CBN to democratise and centralise the operation of its members by...
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