MPC Votes for Stability
By Dayo Lekan According to the communique no 160 issued by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) its 303rd...
Category : Banking and Finance
CBN Sets Records Straight on Forex Use in Oil Sector
The Central Bank of Nigeria (CBN) has noted some misreporting that falsely implies the Bank disbursed US$1.259 billion to major oil sector operators for...
Nigeria Removed from FATf Grey List, CBN Welcomes Development
The Central Bank of Nigeria (CBN) welcomes the Financial Action Task Force’s (FATF) formal announcement of Nigeria’s removal from the list of jurisdictions under...
FG Strengthens Partnership With IsDB to Fast- Track Roads Projects
The Honourable Minister of Works, Engr. David Nweze Umahi, has reiterated the Federal Government’s commitment to strengthening partnerships with international development institutions to fast-track...
Cardoso & Co Mark Second Anniversary With New Lecture Series
The Central Bank of Nigeria has established a new lecture series- the CBN Governor’s Lecture Series – which took off on 3rd October, 2025,...
Nigeria Launches €175m European Bank Assisted Erosion and Watershed Management Project
The Federal Government of Nigeria has launched the European Investment Bank (EIB) Assisted Nigeria Climate Adaptation – Erosion and Watershed Management Project (NEWMAP-EIB) in...
Monetary Policy Ratios: CBN Shuffles the Cards
The Central Bank of Nigeria through its organ, the Monetary Policy Committee announced Tuesday a reduction in the Monetary Policy Rate from 27.5 to...
Borno Meets NEWMAP-EIB Conditions, Qualifies for Disbursement
Borno State has emerged as one of the 23 participating states that has qualified for disbursement having scaled all the mandatory hurdles, according to...
CBN Reiterates Commitment to Macroeconomic Stability, Stronger Banking Sector
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the Bank’s commitment to establishing macroeconomic stability, fortifying the banking...
Nigeria, Islamic Development Bank Collaborate to Deliver Transformative Infrastructure, Growth
The Federal Government of Nigeria has reaffirmed its commitment to strengthening collaboration with the Islamic Development Bank (IsDB) to deliver transformative development projects across...