Nigeria's central bank keeps main interest rate unchanged
Nigeria's central bank held its benchmark lending rate at 27.50%, its governor Olayemi Cardoso said on Thursday. The decision follows six rate hikes last year totalling 875 basis points to try to get inflation under control.
Nigerian central bank to cap fees for ATM withdrawals
The Central Bank of Nigeria (CBN) is to introduce new fees on transactions made using cash machines. In its announcement on February 10, the bank said the new fees would take effect from March 1.
Nigeria keeps benchmark interest rate steady as inflation seen falling gradually
First hold after six hikes last year Central bank notes stability in FX market Encouraged by rebased CPI but wants more data ABUJA, Feb 20 (Reuters) - Nigeria's central bank left its benchmark ...
Nigeria holds interest rate steady following inflation adjustments
Nigeria's central bank has kept its benchmark interest rate steady at 27.50%, according to Governor Olayemi Cardoso. ・Nigeria's central bank maintains benchmark interest rate at 27.50%. ・Inflation rate reported at 24.
CBN retains Nigeria’s interest rate at 27.50% amid inflation drops
The Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, the same rate as in November last year amid inflation drops. It also retained the Cash Reserve Ratio,
Nigeria Sells T-Bills at Year Low Ahead of Expected Rate Pause
Nigeria’s central bank sold short-term debt at the lowest yield in more than a year, hardening expectations it is ready to ...
Legit on MSN2d
Naira Gaining as CBN Adjusts Customs Exchange Rate to Clear Goods at Nigeria’s Ports
The Central Bank of Nigeria (CBN) has reduced the Customs Exchange rate for cargo clearance at Nigeria's ports following the appreciation of the naira.
Zawya4d
Nigeria: Publish details of dormant accounts, unclaimed balances, CBN orders banks
Financial institutions are required to display key details such as the names of individuals authorized to operate the ...
Nigerian Tribune on MSN4d
Nigeria: ‘Step down immediately,’ CBN orders bank directors with unpaid insider loans to resign
“Directors with non-performing insider-related facilities are required to step down immediately from the board, while the ...
businessday5d
CBN orders immediate step down of bank directors with insider loans
The CBN has ordered commercial bank directors with non-performing insider related loans, to step down immediately. This was ...
Sahara Reporters3d
Central Bank Of Nigeria Retains Monetary Policy Rate At 27.5%
The apex bank reached the decision in its latest Monetary Policy Committee meeting, the 299th. The Central Bank of Nigeria has announced retaining Monetary Policy Rate at 27.50%. The apex bank ...
Daily Post Nigeria on MSN2d
Nigeria’s inflation drop reflects reality of consumption patterns — Cardoso
The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso said Nigeria’s current Consumer Price Index is reflective ...