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eNaira transactions hit N8bn one year after launch – CBN

The Central Bank of Nigeria, CBN, has revealed that the eNaira application has so far recorded a total digital transaction valued at about N8...
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CBN reduces over-the-counter withdrawals to N100k for individuals, among other policies

The Central Bank of Nigeria (CBN) has mandated deposit money banks and other financial institutions to ensure that over-the-counter cash withdrawals by individuals and...
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Buhari nominates Ahmed, Adamu for second term as CBN Deputy Governors

President Muhammadu Buhari has re-nominated Mrs Aishah Ahmad and Mr Edward Lametek Adamu as deputy governors of the Central Bank of Nigeria (CBN). Ahmad and...
Headlines

Buhari reappoints Ahmad, Lametek as CBN deputy governors 

President Muhammadu Buhari has re-appointed Mrs Aishah Ahmad and Mr Edward Lametek Adamu as deputy governors of the Central Bank of Nigeria (CBN). Ahmad and...
Local News

Some public servants earn salaries higher than President – RMAFC

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says some public servants earn salaries bigger than that of President Muhammadu Buhari. “The salary of Mr...
Local News

Inflation: CBN raises lending rate to 16.5 per cent

The Central Bank of Nigeria, CBN has raised its lending rate to 16.5 percent in a bullish move to stymie rising inflation and pressure...
Economy

CBN raises MPR to 16.5%, retains other parameters

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday increased the country’s Monetary Policy Rate (MPR) by 100 basis...
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