Tag: CBN
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CBN raises interest rate as Tinubu seeks lower borrowing costs
The Central Bank of Nigeria raised its key lending rate by 25 basis points to 18.75% on Tuesday in a bid to tame a...
SSS confirms arrest of suspended CBN governor Emefiele
Nigeria's spy police has confirmed the arrest of the suspended governor of the Central Bank of Nigeria, Godwin Emefiele.
"The Department of State Services (DSS)...
CBN denies devaluing Naira. It denied previous devaluations too
The Central Bank of Nigeria has denied devaluing the naira in a fresh attempt to unify the exchange rate.
The bank said a report by...
Here are microfinance banks you should avoid after CBN sanction
The Central Bank of Nigeria has revoked the operating licences of over a hundred banks and financial firms, meaning the affected companies can no...
Seeking to tame rising prices, CBN raises interest rate again
The Central Bank of Nigeria has raised its key interest rate to the highest level in at least a decade as it continues to...