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Money
CBN Retains MPR At 27.5%, Pegs Liquidity Ratio At 30%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday announced a hold on all its monetary policy to...
CBN Reassures Public On Banking Sector Stability, Amidst Rumors
BY NKECHI NAECHE-ESEZOBOR—–The Central Bank of Nigeria, CBN, on Monday debunked rumors suggesting distress in a regulated financial institution, describing the claims as...
UBA Wins Big At Development Bank Of Nigeria Service Ambassador Awards, Clinches Four Prestigious Awards
Africa’s Global bank, United Bank for Africa (UBA) Plc, has reaffirmed its leadership position in fostering economic growth and empowerment as it clinched...
Over N4trn Debt: AMCOM, AMPS Strategies To Tighten Noose On Obligors
As part of the renewed strategy of the executive management of the Asset Management Corporation of Nigeria (AMCON) currently led by Mr Gbenga...
Nigeria’s Inflation Rate Down To 23.71% In April
The National Bureau of Statistics, NBS, on Thursday said Nigeria’s headline inflation rate dropped to 23.71 per cent in April 2025, down from...
CBN Unveils Digital BVN Platform For Nigerians In Diaspora
The Central Bank of Nigeria, ( CBN), in partnership with NIBSS, has launched the Non-Resident Bank Verification Number platform in Abuja. I ...
CBN Warns Public Of Fake Contracts Scams, Grants, Loans
By NKECHI NAECHE- ESEZOBOR–The Central Bank of Nigeria (CBN), on Monday warned the general public to dessert from engaging with individuals and groups...
Nigeria To Pay SDR Charges Of US$30 million Annually Despite Loan Repayment- IMF
NKECHI NAECHE- ESEZOBOR–The International Monetary Fund (IMF), has said that despite Nigeria has fully repaid the $3.4 billion financial support it received under...
