Tag: CBN
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CBN mops up N6.88tn as inflation risks mount
By Mariam Abeeb
The Central Bank of Nigeria has withdrawn about N6.88 trillion from the financial system through Open Market Operations in the first two...
BREAKING:CBN cuts interest rate to 27%
By Abubakar Yunusa
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced interest rates by 50 basis points from...
Controversy trails CBN’s decision to relocate key departments to Lagos
By Mariam Abeeb
There is a growing controversy over plans by the Central Bank of Nigeria (CBN) under the leadership of Dr Yemi Cardoso to...
Refocusing CBN To Play Limited Advisory Roles
Recently, the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, hinted of his plans to refocus the apex bank from direct...
CBN counters JP Morgan, says estimate of Nigeria’s net FX reserves ‘misleading’
From Abubakar Yunusa Abuja
The Central Bank of Nigeria (CBN) says the recent estimate of the country’s foreign exchange (FX) reserves by JP Morgan was...
