A minimum deal size of $100,000 is now required by CBN for interbank foreign exchange trading using the EFEMS This is an effort to guarantee Nigeria's foreign exchange market's effectiveness, ...
The Central Bank of Nigeria (CBN), on Tuesday, maintained its hawkish stance, raising the interest rate by 25 basis points to rein in stubborn inflation. At the end of the Monetary Policy Committee ...
The Central Bank of Nigeria (CBN), says Nigeria’s Deposit Money Banks (DMBs) are satisfactorily resilient amid both external and internal pressures. Yemi Cardoso, the Governor of the CBN, said this on ...
The Central Bank of Nigeria (CBN) yesterday raised the benchmark interest rate, th e Monetary Policy Rate, MPR, to 27.50 per cent from 27.25 per cent. The CBN Governor, Mr. Olayemi Cardoso ...
The monthly CPI indicator rose 2.1% in the 12 months to October. The most significant price rises at the Group level were Food and non-alcoholic beverages (+3.3%), Recreation and culture (+4.3%), and ...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further raised the interest rate by 25 basis points to 27.50 per cent from 27.25 per cent. The Governor of the CBN and ...
Learn Online with LEGIT. Enroll Now! Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade. The Central Bank of Nigeria (CBN) has extended the ...
The Centre for the Promotion of Private Enterprise, CPPE, said the continued hawkish stance of the Central Bank of Nigeria, CBN, by further tightening the interest rate to 27.75 per cent will ...
The Central Bank of Nigeria (CBN) has announced fresh guidelines for interbank foreign exchange (FX) trading via its Electronic Foreign Exchange Matching System (EFEMS), effective from November 25, ...
According to him, some BDCs have started complying with the CBN directive on recapitalization. “The CBN is willing to partner with BDCs to ensure that the recapitalization process is seamless.