Tag: CBN
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CBN Denies Reintroduction Of Cybersecurity Levy, Makes Clarification On Guidelines For The 2024-2025 Fiscal Year
The Central Bank of Nigeria (CBN) has stated that it has not reintroduced the cybersecurity levy that was previously suspended.
It would be recalled that...
We Obtained Only $2.7 Billion Loan from CBN for Refinery in Ten Years – Aliko Dangote
Aliko Dangote, the CEO of the Dangote Refinery, disclosed that his organization obtained loans totaling $2.7 billion from the Central Bank to finance the...
Naira Sees Best Daily Gains Since March on Increased FX Inflows and Expected Rate Hike
Amidst higher inflows from the CBN, the naira recorded remarkable gains compared to the haven currency, marking its highest advances since March.
To bolster the...
CBN Would Keep Raising Interest Rates if Inflation Does Not Fall – Cardoso
According to Yemi Cardoso, the governor of the Central Bank of Nigeria (CBN), ongoing inflation may make monetary tightening measures more difficult to implement...
Rivers Women Willing to Slash Food Prices by 50% but Plead for Mechanization
The National Bureau of Statistics (NBS) has released the Consumer Price Index (CPI) report for June 2024. It shows that Nigeria's headline inflation rate...
