CBN Tag

Nigeria’s foreign reserves depreciated by $2.03 billion in five months of 2022 on the backdrop of Central Bank of Nigeria (CBN) sustained interventions. This was even as global crude oil prices recorded 67.02 per cent appreciation...

The Central Bank of Nigeria has denied the sack of its Governor, Mr Godwin Emefiele, describing the report as an unfounded rumour. It was rumoured on Wednesday morning that Emefiele had been sacked by  President Muhammadu...

The Central Bank of Nigeria on Tuesday raised the interest rate from 11.5 per cent to 13 per cent, the first increase in about five years. However, it retained the asymmetric corridor around the MPR at...