The Central Bank of Nigeria has announced its Monetary Policy Meeting to discuss measures to combat the country’s escalating inflation and economic hardship. The meeting, scheduled for next Monday and…
The Central Bank of Nigeria (CBN) has retrenched nearly 200 employees across various departments in a bank-wide restructuring exercise. The latest round of job cuts across several departments, including: Human…
The Central Bank of Nigeria, CBN released a total sum of $2.13bn to Nigerians for importing food products in 2023, Findings by DECENCY GLOBAL NEWS have shown. According to the…
The hike in Nigeria’s Monetary Policy Rate, also known as interest rate, from 22.75 per cent to 24.75 per cent by the Central Bank of Nigeria will further accelerate the…
No fewer than 17 out of the existing 24 Deposit Money Banks may be unable to meet the Central Bank of Nigeria’s capital requirement if it is increased from its…
The Central Bank of Nigeria (CBN) reported a significant increase in foreign exchange inflow into the economy in February 2024, with marked increments in remittance payments by Nigerians overseas and…