Tag: central bank of Nigeria
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CBN Maintains Tight Policy Stance Amid Soaring Food And Fuel Prices
To control intractable inflation, the Central Bank of Nigeria (CBN) raised interest rates by 25 basis points on Tuesday, continuing its hawkish approach.
Because of...
Net Foreign Exchange Inflow Increases By 67% To $27.6 Billion
Net foreign exchange inflows increased from $16.44 billion in 2023 to $27.6 billion in the first half of 2024, a 67.8% increase.
This occurred due...
JUST IN: CBN Increases Interest Rate to 24.75%
The Monetary Policy Committee of the Central Bank of Nigeria, on Tuesday 26 March, concluded its two-day meeting for March 2024.
The meeting which is...
CBN Reveals Fresh Plans To Strengthen The Naira
The Central Bank of Nigeria (CBN) has sunk about US $61.64 million into the hands of foreign airlines operating in the country, a move...
