CBN

CBN Announces New Withdrawal Limits Nationwide

News Update THE Central Bank of Nigeria has released fresh cash withdrawal rules that will take effect in January 2026.…

2 days ago

CBN Holds Interest Rate at 27%

News Update THE Central Bank of Nigeria has, for the fourth consecutive time this year, held its benchmark interest rate…

1 week ago

CBN reduces interest rate for first time in 2025

News Update THE Monetary Policy Committee of the Central Bank of Nigeria has reduced the country’s interest rate to 27.00…

2 months ago

CBN: Lending rates may fall as inflation eases

The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has hinted that lending rates may decline in the…

3 months ago

CBN’s early exit package not targeted at Northerners — Dep gov

The Central Bank of Nigeria has reiterated that its Early Exit Package implemented in 2024 was entirely voluntary and not…

4 months ago

CBN Gives Order On Interest Rate

News Update THE Central Bank of Nigeria (CBN) has decided to keep the Monetary Policy Rate (MPR) unchanged at 27.5%.…

7 months ago

Osun PDP, APC React To CBN’s Rejection Request Over Councils Bank Account

News Update THE Osun chapter of the Peoples Democratic Party, PDP, has berated the purpoted reinstated chairmen and councillors of…

8 months ago

Nigeria posts $6.83bn Balance of Payments surplus in 2024 — CBN reports

The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024…

8 months ago

Did The CBN Introduce New N5,000 And N10,000 Banknotes?

An Examination Of Argentina, Iran, Turkey, And Zimbabwe's Experiences With Hyperinflation And Their Shift To Dollarization - By Abioye Tosin…

8 months ago

Has CBN introduced N5,000 And N10,000 notes featuring Chief Obafemi Awolowo, Azikwe’s image?

News Update The Central Bank of Nigeria (CBN) on Wednesday, April 2, 2025 has debunked a fake circular introducing new…

8 months ago