Tag: CBN
CBN denies disbursing $1.25bn to oil firms for importation of petrol
The Central Bank of Nigeria (CBN) has denied disbursing $1.25 billion to major oil sector operators for the importation of refined petroleum ...CBN pumps $1.25bn into fuel import, others
The Central Bank of Nigeria has released a total sum of $1.259bn to oil sector players for the importation of petroleum products ...CBN cuts interest rate to 27% — first since five years
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the country’s monetary policy rate (MPR) from 27.5 ...Osun ALGON challenges CBN over LG account signatories
The Association of Local Governments of Nigeria, Osun State chapter, has accused the Central Bank of Nigeria of colluding with members of ...CBN retains monetary rates at 27.5%
Central Bank Governor, Olayemi Cardoso, made the disclosure in Abuja while briefing the press on the outcome of the 300th meeting of ...9 months after, CBN names 16 new directors
The Central Bank of Nigeria (CBN) has appointed 16 new directors across key departments, nine months after it relieved the previous directors ...CBN restricts BDCs to $25,000 fx weekly, one dealer bank
The Central Bank of Nigeria (CBN) yesterday released new guidelines which permits Bureau de Change (BDC) operators to purchase up to $25,000 ...CBN projects 4.1% economic growth in 2025
The Central Bank of Nigeria, CBN yesterday projected that the economy will grow by 4.1 per cent growth in 2025, as well ...CBN fines nine banks N1.35bn for ATM cash scarcity
The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability via ...Judge recuses self from suit against CBN as in-law announces appearance for defendant
Benedict Kanyip, the president of the national industrial court of Nigeria, has announced his recusal from suits filed by 62 former Central ...
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