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...
Tag : Central Bank of Nigeria
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’s Cardoso, Brazil’s Galipolo Meet, Discuss Deeper Cooperation
Nigeria’s Central Bank Governor, Olayemi Cardoso, has held talks with his Brazilian counterpart, Gabriel Muricca Galípolo, to strengthen economic and financial cooperation between the...
CBN Affirms Strength of Banking Sector, Sets Routine Transitional Guidance for Select Institutions
To support a smooth transition, the CBN has allowed limited, time-bound flexibility within the capital framework, consistent with international regulatory norms. Nigeria generally maintains Risk-Based...
Another Feather to Cardoso’s Cap
It will be recalled that just about a week ago Dr. Cardoso also bagged the Nairametrics award for his policy reforms and the positive outcomes...
Cardoso Urges Stronger Economic Ties With Middle East
Mr. Cardoso also reaffirmed his dedication to collaborating with the Nigerian Diaspora community in the Middle East to improve remittance flows and strengthen Nigeria's financial...
Nigerian FX Code- Moving Away from a Chaotic Past to Embrace a Defined Future
“These practices must never return. The Fx code is a firm rejection of such distortions and an equally firm commitment to a future defined by...
CBN Staff EEP is Voluntary, Not Forced
“For some time, staff representatives through the JCC had called on management to approve the early exit package for all cadres. Following these discussions, management...
Don’t be Scammed, We Have Discontinued Direct Development Interventions, Special Projects Funding – CBN
The clarification became necessary as the apex bank got wind of the nefarious activities of fraudsters who have been on the prowl to dupe unsuspecting...
Remittance Inflows: Nigeria Hits All-time High
The substantial growth in remittance receipts is attributable to policy measures introduced by the CBN to enhance liquidity in Nigeria's foreign exchange market....