The Central Bank of Nigeria (CBN) has announced a significant increase in the Monetary Policy Rate (MPR), raising it from 22.75 percent to 24.75 percent. The Monetary Policy Rate, which…
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Monetary Policy Committee (MPC)
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CBN Governor Cardoso Denies Responsibility for Nigeria’s Economic Woes
by Royal Times of Nigeria
February 28, 2024
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has addressed concerns regarding Nigeria’s economic challenges, asserting that neither he nor his team bear responsibility for the nation’s current…
Business & EconomyNews
Naira Redesign Has Somehow Reduced Kidnapping, Ransom-Taking — Emefiele
by Adewale Adeyemi
January 25, 2023
The Governor of the Central Bank of Nigeria, Godwin Emefiele has said the recent release of three redesigned naira notes has somehow reduced kidnapping and ransom-taking by armed men. The CBN…