CBN Governor Declares Naira Competitive, Highlights Economic Gains from Reforms
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has declared the naira to be competitive in the ...
Tag: Monetary Policy Committee
Cardoso Reaffirms CBN’s Commitment to Monetary Reforms
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reiterated the bank’s commitment to restoring confidence in Nigeria’s ...
Imported Inflation Threatens Nigeria’s Price Stability Amid Rising Costs
A member of the Central Bank of Nigeria’s Monetary Policy Committee (MPC), Muhammad Abdullahi, has warned that imported inflation is ...
Central Bank of Nigeria Raises Interest Rate to 18.75%, the Highest in 22 Years
In response to the surging inflation rate in Nigeria, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria ...
MFBs, Others Contributed N2.79 trillion of Banking Industry Credit in 2021
Microfinance Banks(MfBs), Development Banks, merchant banks and mortgage banks (Other Financial Institutions - OFIs), in 2021 contributed N2.79 trillion representing ...
