Central Bank of Nigeria

The Central Bank of Nigeria has announced the increment of the capital base for commercial banks with international authorisation to N500bn and national banks…
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The hike in Nigeria’s Monetary Policy Rate, also known as interest rate, from 22.75 per cent to 24.75 per cent by the Central Bank of Nigeria will further…
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The Monetary Policy Committee of the Central Bank of Nigeria has today concluded its two-day meeting for March 2024. This meeting marks the second MPC meeting for the year 2024 and also…
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The Central Bank of Nigeria has issued a circular to Bureau De Change operators informing them of the sale of $10,000 to each BDC at a rate of N1,251/$1. This…
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Thirty-one state governments owe the Central Bank of Nigeria, CBN, a total of N339.9bn obtained to pay workers’ salaries between 2015 and 2023, a document…
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