central bank of nigeria

CBN, Nigeria and interest rate

Nigeria's central bank keeps main interest rate unchanged

Nigeria's central bank held its benchmark lending rate at 27.50%, its governor Olayemi Cardoso said on Thursday. The decision follows six rate hikes last year totalling 875 basis points to try to get inflation under control.

Daily Post Nigeria on MSN · 21h

CBN retains Nigeria’s interest rate at 27.50% amid inflation drop

The Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, the same rate as in November

Nigerian Tribune on MSN · 20h

JUST IN: CBN retains interest rate at 27.50%, maintains other parameters

Monetary Policy Committee (MPC) has unanimously decided to hold all the parameters.This was announced by the CBN Governor, Mr Olayemi Cardoso, on Thursday during a press briefing in Abuja.In this regard,

Hosted on MSN · 20h

See more as CBN retains interest rates at 27.5%, 26 banks release savings rates

The Central Bank of Nigeria, Monetary Policy Committee (MPC) has decided to retain the Policy Rate (MPR) which means that banks' lending rate will not change.

20hon MSN

Nigeria keeps benchmark interest rate steady as inflation seen falling gradually

Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was ...

Nigeria Sells T-Bills at Year Low Ahead of Expected Rate Pause

Nigeria’s central bank sold short-term debt at the lowest yield in more than a year, hardening expectations it is ready to ...

Zawya2d

Nigeria: Publish details of dormant accounts, unclaimed balances, CBN orders banks

Financial institutions are required to display key details such as the names of individuals authorized to operate the ...

businessday19h

cNGN: Nigeria’s First Regulated Stablecoin Explained

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

Nigerian Tribune on MSN2d

Nigeria: ‘Step down immediately,’ CBN orders bank directors with unpaid insider loans to resign

“Directors with non-performing insider-related facilities are required to step down immediately from the board, while the ...

Nairametrics20h

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed optimism about the country’s economic trajectory, stating that inflation is on a downward trend and key economic ...

businessday3d

CBN orders immediate step down of bank directors with insider loans

The CBN has ordered commercial bank directors with non-performing insider related loans, to step down immediately. This was ...

Cryptopolitan on MSN12d

Nigeria set to welcome its first licensed stablecoin

Nigeria is set to witness the launch of its first-ever licensed stablecoin cNGN. According to reports, the stablecoins will ...

Sahara Reporters7d

Nigeria’s Central Bank Reassures Public Of Keystone Bank’s Stability After Forfeiture Of Bank Shares

The Lagos State Special Offences Court in Ikeja had ordered the forfeiture of 6.3 billion units of ordinary shares of Keystone Bank Limited, valued at N1 per share, to the Federal Government of ...

Hosted on MSN19h

Nigeria’s inflation drop reflects reality of consumption patterns — Cardoso

The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso said Nigeria’s current Consumer Price Index is reflective of the reality of consumption patterns. Cardoso made this known on Thursday ...

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