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WEBHome page of the Central Bank of Nigeria's website. Nigeria's Macro Indicators, foreign exchange details, inflation rate, CBN's latest news, documents and publications can be found here.
Nigeria’s central bank hikes interest rate to 24.75% as it ... - CNBC
WEBMar 26, 2024 · The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa’s largest economy looks to recover from a historic currency crisis and soaring inflation. The CBN...
Nigeria raises interest rates to 22.75% in first meeting since July
WEBFeb 27, 2024 · Nigeria’s central bank sharply raised interest rates to 22.75 per cent at its first meeting since July as Africa’s most populous country hopes to contain its most severe economic crisis in...
Nigeria returns to ‘orthodox policy’, says new central bank …
WEBMay 13, 2024 · Nigeria’s central bank governor indicated interest rates would stay high for as long as necessary to tame inflation, saying the institution had moved decisively to an “orthodox policy” after...
Nigeria's central bank Governor Cardoso pledges to clear $7 …
WEBSep 26, 2023 · Nigeria's new central bank Governor Olayemi Cardoso said on Tuesday his top priority was to clear the bank's backlog of unsettled foreign exchange obligations to local lenders, which he...
Nigeria central bank to intervene in forex market, lifts forex ban …
WEBOct 12, 2023 · Nigeria's central bank said on Thursday it plans to intervene in the country's foreign exchange market occasionally to boost liquidity, while ending an eight-year ban on 43 items that had...
Nigeria cenbank to tighten policy to curb inflation, asks banks to ...
WEBNov 25, 2023 · Nigeria's central bank will tighten policy over the next two quarters to manage inflation while directing banks to boost capital to support an expansion of the economy, its new governor,...
Nigeria Hikes Rates in First Test of Central Bank’s Autonomy
WEBJul 25, 2023 · Nigeria Hikes Rates in First Test of Central Bank’s Autonomy. President Tinubu has said interest rates should be lowered; Central bank increased rate to record 18.75% from 18.5%
Nigerian central bank raises $225 cash withdrawal limits
WEB22 Dec 2022. Nigeria’s central bank has substantially increased limits it had set for weekly cash withdrawals, loosening restrictions it had put in place to curb the use of cash. Individuals will...
Nigeria’s Senate confirms new central bank governor amid …
WEBSep 26, 2023 · Nigeria’s Senate has unanimously approved the appointment of a new central bank governor and four deputies amid a worsening rout of the country’s naira currency against the US dollar.
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