Tag: CBN

CBN Orders Banks to Announce New CEOs Three Months Before Incumbent’s Exit

The Central Bank of Nigeria (CBN) has directed all Domestic Systemically Important…

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CBN signals possible reduction in lending rate

Nigeria may be on the verge of lower lending rates as the…

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CBN May Pause Hawkish Stance As MPC Holds 301st Meeting

The Central Bank of Nigeria’s Monetary Policy Committee (MPC) is convening its…

Appeal Court Overturns ₦579bn Stamp Duty Payout to Kasmal, Rules in Favour of CBN

The Court of Appeal in Abuja has overturned a previous judgment awarding…

CBN to Review Interest Rate Policy at July 22 MPC Meeting

The Central Bank of Nigeria (CBN) will hold its 301st Monetary Policy…

Court Affirms NIBSS Legal Authority to Manage BVN Database Nationwide

A Federal High Court in Abuja has ruled in favor of the…

Stock Market Dips as Investors React to CBN’s Monetary Policy Hold

The Nigerian equities market ended last week in the red, as investor…

Nigeria’s External Debt Payments Surge to $2 Billion in Early 2025

Between January and April 2025, Nigeria allocated approximately $2.01 billion toward servicing…

Manufacturers Urge CBN to Slash Interest Rates, Warn of Mounting Pressure on Industrial Sector

Nigerian manufacturers have called on the Central Bank of Nigeria (CBN) to…

Women Now Hold 35% of CBN Director Positions

Women now make up 35% of directors at the Central Bank of…