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How CBN’s monetary policy is tackling inflation, exchange rate volatility — Barde
Since assuming office in September 2023, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has taken aggressive steps to stabilise the economy as his administration has focused on curbing ...
businessday21h
Why CBN may hold benchmark interest rate – Cardoso
The Central Bank of Nigeria (CBN) has confirmed that the 299th meeting of its Monetary Policy Committee (MPC), initially scheduled ...
Arise12d
Nigeria’s 50% Cash Reserve Ratio Driving High Interest Rate, Warn Experts Chike-Obi, Tilewa Adebajo
Experts have warned that Nigeria's high interest rate spread and 50% Cash Reserve Ratio are stifling Nigeria’s economic ...
Zawya5d
Nigeria: Surging yields luring foreign investors to return
At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...
Legit on MSN3d
See latest exchange rate as dollar appreciates against naira
With the black market exchange rate now at N1,530/$, and official rate at N1500.65/ the gap between the official and black ...
legit5d
New Exchange Rate To Clear Goods at Ports As Customs Enforces 4% FOB Charge
The Central Bank of Nigeria (CBN) has increased the exchange rate for clearing goods at the nation's ports as Nigeria Customs ...
Daily Post Nigeria12d
Adverse effects of high-interest rate spreads on the Nigerian economy
Resolving the high interest rate to deposit spreads in Nigeria requires a multifaceted approach. To start, the Central Bank of Nigeria (CBN) can play a crucial role by implementing policies that ...