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CBN’s FX Market More Transparent, Difficult To Manipulate— Expert

A financial expert and the co-founder of Dairy Hills, Kelvin Emmanuel, has said that bankers made an attempt to lobby against Central Bank of...
News

Remita Payment Platform Not Abandoned, Says FG

The Office of the Accountant General of the Federation on Tuesday said that the Federal Government has not discarded Remitta as the Central Bank...
Business

CBN reiterates commitment to reinforcing regulatory compliance, risk management

In a bid to ensure a transparent and resilient financial system, the Central Bank of Nigeria (CBN) has reaffirmed its commitment to reinforcing regulatory...
Business

Direct CBN to suspend ATM fee hike pending court verdict, SERAP tells Tinubu

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to “direct Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria...
Business

TUC Rejects CBN’s New ATM Transaction Fee, Threatens Industrial Action

The President of the Trade Union Congress (TUC), Festus Osifo, has warned that Nigerian workers may embark on a nationwide industrial action in protest...
Business

SERAP drags CBN to court over ATM fee hike

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) over the failure to reverse what...
Business

JUST IN: ‘Resign’—CBN’ Tells Directors With Excessive Insider-Related Credit

The Central Bank of Nigeria has ordered the directors of commercial banks that have taken loans above the approved regulatory limit under the Banking...
Business

BREAKING: Despite Drop In Inflation, CBN Holds Benchmark Lending Rate At 27.50%

The Central Bank of Nigeria (CBN) has retained the country’s Monetary Policy Rate (MPR) at 27.50 per cent citing improvement in economic indices.The apex...
Business

After 6 consecutive hikes in 2024, CBN holds interest rate at 27.50%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR), which benchmarks interest rates in...
Business

Trump’s America-First Policy May Frustrate CBN Efforts To Stabilise Naira— Yusuf

The Chief Executive Officer of the Centre for the Promotion of Private Enterprises (CPPE), Muda Yusuf, has warned that US President Donald Trump’s America-first...
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