The Central Bank of Nigeria (CBN) has revealed that it sold a total of $543.5 million (N844,920,000,000.00) to authorised dealer banks through the Nigerian Foreign Exchange Market (NFEM) between September …
CBN
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The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has again raised the interest rate by 50 basis points to 27.25 percent. This is the fifth hike since February …
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The Central Bank of Nigeria (CBN) has confirmed it will continue enforcing the contentious cybercrime levy of 0.005% on all electronic transactions as part of its updated guidelines for the …
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The Central Bank of Nigeria (CBN) plans to expand the use of its digital currency, eNaira, to facilitate payments into government accounts and allow Ministries, Departments, and Agencies (MDAs) to …
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Anti-Corruption
CISLAC Condemns Extravagant Spending by CBN Leadership, Calls for Immediate Reduction in Cost of Governance
As Nigeria continues to struggle with hunger, hardship, and rising inflation, the Civil Society Legislative Advocacy Centre (CISLAC) has strongly condemned the recent extravagant spending by the leadership of the …
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By Kolawale Omoniyi Even though it was christened Anchor Borrowers Programme (ABP), many Kano farmers prefer to call the Central Bank of Nigeria’s (CBN) low-interest credit scheme to farmers ‘Buhari Bonanza’. Their …