Tag: CBN
OPay, Moniepoint, Kuda others to resume onboarding new customers soon – CBN
Governor Cardoso stated that the CBN has been meeting with these operators to enhance their operational frameworks Nigerians will soon ...
BREAKING: CBN raises interest rate to 26.25%
Hold 295th MPC meeting In May 2023, Nigeria’s interest rate stood at 18.75 per cent The Central of Nigeria Monetary ...
CBN makes U-turn, withdraws cybersecurity levy
The controversial directive for collection of the levy had attracted nationwide condemnation when the central bank introduced the policy last ...
BREAKING: Nigeria’s inflation rate soars to 33.69% in April as hardship worsens
Inflation in Nigeria has continued its upward trend since President Bola Tinubu assumed office last year. Nigeria’s inflation rose to ...
SEC Commits to Collaboration with EFCC to Address Forex Crisis
SEC and EFCC affirm collaboration to tackle virtual trade manipulations, emphasizing the need to safeguard market integrity and prevent illegal ...
Interest rates will remain high to check inflation – CBN
Cardoso said that the Monetary Policy Committee (MPC), which he chairs, would do whatever is needed to tame surging inflation ...
IMF raises concern over Nigerian government move to weaken CBN’s independence
It warned the Nigerian government against the ongoing attempts to weaken the autonomy of the apex bank The International Monetary ...
Naira Slides from Best to Worst Currency Performer, Bloomberg Reports
The Nigerian Naira's recent downturn contrasts sharply with its previous commendable performance, increasing pressure on the Central Bank The scarcity ...
BREAKING: Reps block CBN from implementating cybercrime levy
It added that the circular runs foul of section 44(2a) of the cybercrime Act which specify those who are expected ...
Speaker Overrides Call for Suspension of Cybersecurity Levy by Member
Speaker Abbas Tajudeen defers motion on cybersecurity levy suspension, sparking widespread discontent among Nigerians opposing the additional financial burden Lawmaker ...
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