central bank of nigeria

Nigeria keeps benchmark interest rate steady

Nigeria keeps benchmark interest rate steady as inflation seen falling gradually

Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was reassured by stability in the foreign exchange market and saw inflation gradually falling.

Daily Post Nigeria on MSN · 11h

CBN retains Nigeria’s interest rate at 27.50% amid inflation drop

The Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, the same rate as in November

Yahoo Finance · 13h

Nigeria Hits Pause on Interest Rate Hikes After Inflation Revamp

Nigeria’s central bank paused its steep campaign of monetary tightening, after an overhaul of the data used to calculate inflation showed it had significantly slowed. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry,

Hosted on MSN · 11h

See more as CBN retains interest rates at 27.5%, 26 banks release savings rates

The Central Bank of Nigeria, Monetary Policy Committee (MPC) has decided to retain the Policy Rate (MPR) which means that banks' lending rate will not change.

Nigerian Tribune on MSN · 11h

JUST IN: CBN retains interest rate at 27.50%, maintains other parameters

Monetary Policy Committee (MPC) has unanimously decided to hold all the parameters.This was announced by the CBN Governor, Mr Olayemi Cardoso, on Thursday during a press briefing in Abuja.In this regard,

13hon MSN

Nigeria's central bank keeps main interest rate unchanged

Nigeria's central bank held its benchmark lending rate at 27.50%, its governor Olayemi Cardoso said on Thursday. The decision ...

15h

Nigeria Sells T-Bills at Year Low Ahead of Expected Rate Pause

Nigeria’s central bank sold short-term debt at the lowest yield in more than a year, hardening expectations it is ready to ...

businessday10h

cNGN: Nigeria’s First Regulated Stablecoin Explained

Nigeria has taken another bold step in digital finance with the introduction of cNGN, the country’s first regulated ...

Zawya1d

Nigeria: Publish details of dormant accounts, unclaimed balances, CBN orders banks

Financial institutions are required to display key details such as the names of individuals authorized to operate the ...

Nigerian Tribune on MSN1d

Nigeria: ‘Step down immediately,’ CBN orders bank directors with unpaid insider loans to resign

“Directors with non-performing insider-related facilities are required to step down immediately from the board, while the ...

Nairametrics11h

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed optimism about the country’s economic trajectory, stating that inflation is on a downward trend and key economic ...

businessday2d

CBN orders immediate step down of bank directors with insider loans

The CBN has ordered commercial bank directors with non-performing insider related loans, to step down immediately. This was ...

TheCable6d

First Bank assures exporters of modern solutions to support Nigeria’s non-oil sector

First Bank of Nigeria (FBN) says it plans to churn out modern solutions to support the non-oil export sector’s growth in 2025 ...

Sahara Reporters7d

Nigeria’s Central Bank Reassures Public Of Keystone Bank’s Stability After Forfeiture Of Bank Shares

The Lagos State Special Offences Court in Ikeja had ordered the forfeiture of 6.3 billion units of ordinary shares of Keystone Bank Limited, valued at N1 per share, to the Federal Government of ...

Hosted on MSN9h

Nigeria’s inflation drop reflects reality of consumption patterns — Cardoso

The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso said Nigeria’s current Consumer Price Index is reflective of the reality of consumption patterns. Cardoso made this known on Thursday ...

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