CBN Raises Interest Rate Amid Rising Inflation
By Ajibola Olaide, JKNMedia Reporter THE CENTRAL Bank of Nigeria (CBN) increased the Monetary Policy Rate (MPR) to 26.75 percent…
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CBN Urged to Account for Missing N100-Billion Linked to ‘Dirty’ Notes Â
By Ajibola Olaide, JKNMedia Reporter ALLEGATIONS OF mismanagement concerning over N100 billion in questionable notes and other funds stored in…
Is Fidelity Bank Targeted by Misinformation Following Heritage Bank License Revocation?
By JKNMedia A WAVE OF misinformation is noted to have been sweeping through Nigeria’s banking sector following the Central Bank…
Naira Redesign Controversy: Former CBN Director Testifies Against Emefiele
By Joke Kujenya A DRAMATIC turn of events occurred on Tuesday as Ahmed Umar, a former Director of Operations at…
CBN Enforces Stricter Regulations for Bureau de Change Operators
By Joke Kujenya COMPREHENSIVE GUIDELINES to govern the operations of Bureau de Change (BDC) operators, setting new standards for capital…
CBN Raises Benchmark Interest Rate to 26.25%
By Joke Kujenya NIGERIA’S MONETARY Policy Committee (MPC) has announced a significant adjustment to the monetary policy rate (MPR), increasing…
Nigeria’s Money Supply Dips to N92.3trillion Amid Interest Rate Hike
By Joke Kujenya MONEY SUPPLY in Nigeria saw a slight decrease, falling to N92.3 trillion in March 2024 from N93.9…
CBN Governor Signals Persistent High Interest Rates Until Inflation Abates
By Joke Kujenya THE GOVERNOR of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has indicated the institution’s commitment to…
Examining Key National Issues and Leadership’s Role in Economic Challenges
By David Adenekan TO START WITH, the new directive by the Central Bank of Nigeria that all Point of Sale…
House of Reps Orders Immediate Halt to Cybercrime Levy Implementation by CBN
By Joke Kujenya THE HOUSE of Representatives, in a decisive move, under the leadership of Tajudeen Abbas, has directed the…
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