CBN Rate Cut Aims to Ease Borrowing Costs and Boost Small Business Growth
The Central Bank of Nigeria has announced a 50 basis points reduction in the Monetary Policy Rate, lowering it from ...
Tag: CBN
CBN Cuts Interest Rate to 27% in First Policy Shift of 2025, Businesses Call Move Too Small
Nigeria’s Central Bank has cut the country’s benchmark interest rate to 27 per cent, marking the first reduction in five ...
CBN Unveils Nigeria Payments System Vision 2028 to drive Digital Finance and Inclusion
The Central Bank of Nigeria (CBN) has launched the Nigeria Payments System Vision 2028 (PSV 2028), a new framework designed ...
CBN Creates Compliance Department to Strengthen Oversight, Tackle Financial Fraud
The Central Bank of Nigeria (CBN) has formally announced the establishment of a dedicated Compliance Department, a move aimed at ...
CBN Backs Export-Oriented Manufacturing to Boost Nigeria’s Forex Earnings
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for incentives to be directed at manufacturers ...
CBN Directs Geo-Tagging of PoS Terminals Within 60 Days, Restricts Use to Registered Locations
The Central Bank of Nigeria (CBN) has directed that all Point of Sale (PoS) devices in the country must be ...
CBN Injects $50 Million to Stabilise FX Market as Reserves Hit Three-Year High
The Central Bank of Nigeria (CBN) has intervened in the foreign exchange market with a $50 million injection to ease ...
CBN Says Over One Million Farmers Benefited From Agricultural Schemes, Millions of Jobs Created
The Central Bank of Nigeria has announced that more than 1.14 million farmers have taken part in producing 17 different ...
CBN Urges Nigerians to Preserve Naira, Promotes Alternative Payment Channels for Economic Growth
The Central Bank of Nigeria (CBN) has renewed its appeal to citizens to protect and preserve the dignity of the ...
CBN, NDIC Forge Stronger Front to Protect Depositors and Steer Nigeria’s Financial Stability
The Central Bank of Nigeria and the Nigeria Deposit Insurance Corporation have renewed their commitment to deeper collaboration to safeguard ...
