The Central Bank of Nigeria (CBN) has introduced a 75 percent cash reserve ratio (CRR) on non-treasury single account (TSA) […]
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FLASH: CBN Cuts Interest Rate To 27%
The Central Bank of Nigeria (CBN), on Tuesday, announced a reduction in its Monetary Policy Rate (MPR) by 50 basis […]
Continue readingBREAKING: CBN Orders Geo-tagging Of All PoS Terminals In Nigeria
The Central Bank of Nigeria has directed that all Point of Sale (PoS) terminals in the country be geo-tagged within […]
Continue readingNigeria’s N54.99 Trillion Budget Suffers Setback As Oil Drops To $66 Per Barrel
The execution of Nigeria’s N54.99 trillion budget suffered a major setback as the crude price dropped to $66 per barrel […]
Continue readingFLASH: Eight Banks Meet New CBN Capital Base Ahead Of 2026 Deadline
The Central Bank of Nigeria (CBN) has confirmed that eight Nigerian banks have met the minimum regulatory requirements under the […]
Continue readingJUST-IN: CBN Retains Interest Rate At 27.5%
The Central Bank of Nigeria (CBN) has announced the retention of the Monetary Policy Rate (MPR) at 27.5%, following the […]
Continue readingCourt Throws Out N990 Trillion Suit Of Man Who Claims To Be Nigeria’s Prime Minister
The Federal High Court in Abuja, on Wednesday, dismissed a 990 trillion pounds suit filed by a claimant, Tunde Omosebi, […]
Continue readingFAKE NEWS ALERT: CBN Denies Introducing N5,000, N10,000 Notes
The Central Bank of Nigeria (CBN) has disowned a circular claiming that the financial regulator has introduced N5,000 and N10,000 […]
Continue readingNigeria’s Net Reserve Hits $23bn, Highest In Over Three Years — CBN
Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 stood at $23.11 billion, the highest level in […]
Continue readingBREAKING: Suspend ATM Charges Hike, Reps Tell CBN
Following a motion of urgent public importance, the House of Representatives has passed a resolution calling for the suspension of […]
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