CBN
- Opinion
CBN’s N75trn Credit Milestone to Private Sector Falls Flat as Productivity Crisis Deepens
By Blaise Udunze Nigeria’s financial system is flashing red, and not because of a scarcity of money. Ironically, the Central…
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US Tariff: CBN Intervenes With $197.71M Amid Oil Price Drop
President Donald Trump‘s sweeping trade tariffs on several countries have caused crude oil prices to decline by over 12% to…
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CBN Deputy Governor Advocates for Women’s Financial Inclusion
The Central Bank of Nigeria’s Deputy Governor of Corporate Services, CBN, Ms. Emem Usoro, delivered a compelling address where she championed…
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Naira Rises To N1,555/$ In Parallel Market
The Nigerian Naira yesterday appreciated to N1,555 per dollar in the parallel market from N1,570 per dollar last week Friday.…
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REVEALED: Why CBN Sanctions 9 Banks
The Central Bank of Nigeria, CBN, on Tuesday issued fines to at least nine Deposit Money Banks, DMBs, for failing…
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CBN To Launch Whistleblowing Website Jan. 1, 2025
The Central Bank of Nigeria (CBN) has announced that it will unveil a whistleblowing website. The externally hosted platform, which…
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Speaker Demands Explanation From CBN On 1,000 Staff Layoffs
The Speaker of the House of Representatives, Tajudeen Abbas, has urged the Central Bank of Nigeria (CBN) to provide clarification…
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CBN Set To Retire 1,000 Employees With N50bn Severance Package
The Central Bank of Nigeria (CBN) is reported to be preparing to retire approximately 1,000 employees as part of a…
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CBN To Unveil Redesigned Website Monday
The Central Bank of Nigeria (CBN) is set to unveil its newly redesigned website on Monday. In a statement on…
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CBN Increases Interest Rate To 27.5%
The Central Bank of Nigeria, CBN, has hiked its benchmark interest rate, the Monetary Policy Rate (MPR), to 27.50 percent…
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