CBN makes first MPC decision under Tinubu, hikes interest rate to 18.75%
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has…
N8.9tr deposited in 12 months, says CBN MPC
Customers deposited N8.9 trillion in the last year, the Central Bank of…
Banks to increase deposits with CBN as MPC raises CRR to 27.5%
Deposit money banks in the country would have to increase their cash…
CBN announces $40bn external reserves target, releases 2018 economic forecasts
The Central Bank of Nigeria, CBN has said the regulator may change…
CBN raises interest rate to 14%, urges govt to implement 2016 budget
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday…
New MPR, CRR will curtail inflation, says expert
A financial expert, Wale Abe, on Saturday applauded the decision of the…
CBN orders banks to pay 30% interest rate on savings
The Central Bank of Nigeria (CBN) has asked banks to pay a…