Tag: Central Bank of Nigeria
CBN Maintains Monetary Rates at 27.5% – Latest Updates
The Central Bank of Nigeria (CBN) has decided to keep the Monetary Policy Rates (MPR) at 27.5 per cent. The announcement was made by the Central Bank Governor, Olayemi Cardoso, during a press briefing...
Inflation Forecast: 24.48% Drop in Rebased CPI
Summary: The National Bureau of Statistics in Nigeria is set to release rebased Consumer Price Index (CPI) figures, with a forecasted drop in headline inflation to 24.48%, core inflation to 22.59%, and food inflation...
CBN Imposes N1.35bn Fine on 9 Banks for Cash Crunch
CBN Fines 9 Banks N1.35bn for Cash CrunchThe Central Bank of Nigeria (CBN) recently imposed fines totaling N1.35 billion on nine Deposit Money Banks (DMBs) for their failure to provide Naira notes through Automated...
CBN Sanctions 9 Banks for Failing to Dispense Cash: Full List – Daily Trust
CBN Fines 9 Banks for Cash Dispensing FailuresThe Central Bank of Nigeria (CBN) has recently taken decisive action against nine Deposit Money Banks (DMBs) for their failure to dispense cash through automated...
Atiku and Obi Meet Northern Group in Coalition Talks
Former Vice President Atiku Abubakar and the 2023 presidential candidate of the Labour Party (LP), Peter Obi, had a meeting with northern political leaders...
