CBN CANCELS THE MPC MEETING AND WILL HOLD IFIC IN 2023.
Babatunji Wusu – The Monetary Policy Committee (MPC) meeting has been postponed by the Central Bank of Nigeria (CBN) to a later time. The MPC meeting, which would have been…
Today, the CBN raises interest rates as Buhari unveils redesigned naira notes.
In an effort to fulfill its ambitious goal of releasing the new N200, N500, and N100 notes, the Central Bank of Nigeria (CBN) has secured the support of President Muhammadu…
CBN increases MPR to 16.5 percent while maintaining other conditions
The Monetary Policy Rate (MPR) of the nation was raised by 100 basis points to 16.5 percent from 15.5 percent on Tuesday by the Monetary Policy Committee (MPC) of the…
Report Banks Hoarding Forex, CBN Tells Nigerians
In view of the lingering foreign exchange scarcity in the country, the Central Bank of Nigeria has urged Nigerians not to panic, saying there is enough forex for business owners,…
