CBN

CBN Says Monetary Reforms Yielding Positive Results

The Central Bank of Nigeria, CBN has said its monetary policy reforms are beginning to have positive effects on the country’s economy.…

2 years ago

Old Naira Notes Remain Legal Tender Indefinitely – CBN

The Central Bank of Nigeria, CBN has announced its intention to extend the validity of the old N200, N500, and…

2 years ago

Tackle High Inflation, Sanusi Tells CBN

A former Governor of the Central Bank of Nigeria, CBN Lamido Sanusi, has advised the incumbent governor of the apex bank,…

2 years ago

FG Oil Revenue Down by 36% in May, Says CBN

The Federal Government’s oil revenue target for May has dropped from N804bn to N223bn, representing about 72 per cent reduction in federal earnings;…

2 years ago

Relief for Nigeria as CBN Begins to Clear FX Backlog.

The Central Bank of Nigeria (CBN)  has delivered over 75 percent to 80 percent of outstanding matured FX forwards in banks.…

2 years ago

CBN Special Investigator, Obazee Submits Interim Report to Tinubu

The Special Investigator appointed to probe the activities of the Central Bank of Nigeria, CBN, Jim Obazee, has reportedly submitted…

2 years ago

CBN Reveals Money Supply Declined by 0.56% in August

Money supply, M1, also known as narrow money, declined by 0.56 percent to N24.02 trillion in August 2023 from N24.16…

2 years ago

CBN Monetary Policy: Tetfund to Suspend Foreign Scholarships.

The Tertiary Education Trust Fund (TETFund) has said that the recent Central Bank of Nigeria (CBN) policy had created difficulties…

3 years ago