Extreme and continuous monetary tightening by CBN, are we on the right track?
By Segun Sanni The Buhari government did great damage to Nigeria’s economy for the excessive money it created and threw carelessly into the economy. We’re facing the extremely negative impact…
CBN: Confronting Inflation And Other Challenges, By Arize Nwobu
In confronting inflation and other economic challenges, the Governor Central Bank of Nigeria (CBN), Olayemi Cardoso recently cleared the air and noted that the present CBN management was not responsible…
Inflation: CBN ups interest rate by 400 basis points to 22.75 %
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday increased the Monetary Policy Rate (MPR), also known as interest rate, Â by 400 basis points to…
Atiku, your prescription will bring back Emefiele era – Presidency
Former Vice President, Atiku Abubakar, in an attempt to rubbish the foreign exchange policy of the Tinubu administration got his facts muddled up again. He also failed to prescribe…
TSA: Reps to sanction MDAs over non-compliance, summon CBN, others
Feb. 15, 2024 The House of Representatives Public Accounts Committee (PAC) has resolved to sanction Ministries, Departments, and Agencies (MDAs) of government over violation of Treasury Single Account (TSA). Rep….
FX: CBN measures attract $1bn into Nigerian market in few days – Cardoso
The Governor of Central Bank of Nigeria, Yemi Cardoso says the measures taken so far by the apex bank to stabilize foreign exchange rates have attracted $1bn into the Nigerian…
Nigeria’s latest devaluation may be ‘turning point’ in currency reform drive
February 6, 2024 Nigeria’s second currency devaluation in less than a year and new forex rules suggest the central bank is gearing up to let the naira float freely, but…
After sacking old Boards, CBN appoints new CEOs for Union, Polaris, Keystone banks
Hours after dissolving the governing Boards of Polaris, Union, and Keystone banks, the Central Bank of Nigeria has appointed new chief executive officers to run the affairs of the deposit…
CBN: Working Towards A Healthy Economy, By Arize Nwobu
Some of the parameters that are used to define a healthy economy include the levels of imports and exports, exchange rate, interest rate, unemployment rate, consumer confidence and inflation rate….
Abuja wins 42nd CBN Governor’s Cup for the 7th timeÂ
The Central Bank of Nigeria (CBN), Abuja branch, has emerged winners of the 42nd edition of the CBN Governor’s Cup for the seventh time. The News Agency of Nigeria…