Business & Economy
CBN’s slashed interest rate, a fresh catalyst for economic growth-TMSG
By Danladi Ahmed The Tinubu Media Support Group (TMSG) has described the recent cut in interest rate from 26.5% to 23% as a…
Tag: CBN
Business & Economy
CBN approves BDCs’ participation in foreign exchange market
The Central Bank of Nigeria (CBN) says it has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign…
Business & Economy
CBN upgrades Opay, Moniepoint, Palmpay, others to national licenses
CBN upgrades Opay, Moniepoint, Palmpay, others to national licenses Tue, THE Central Bank of Nigeria (CBN) has upgraded the licenses of major…
Business & Economy
Licence revocation: Court refuses Aso Savings, Union Homes’ plea against CBN, NDIC
The Federal High Court in Abuja on Monday, declined to grant an application seeking to stop the Central Bank of Nigeria (CBN) and…
Business & Economy
CBN reduces number of licensed BDCs to 82 under revised guidelines
THE Central Bank of Nigeria (CBN) has granted final licenses to 82 Bureaux De Change (BDCs) to operate with effect from Nov. 27.…
Business & Economy
Alleged disregard to judgment: Court fixes contempt proceeding against CBN Gov. for hearing
The Federal High Court in Abuja has fixed June 23 for hearing of the contempt proceeding against the Central Bank of Nigeria (CBN)…
Business & Economy
Court dismisses £990trn suit against CBN, bars claimant from.further instituting cases
The Federal High Court in Abuja, on Wednesday, dismissed a 990 trillion pounds suit filed by a claimant, Mr Tunde Omosebi, against the…
Business & Economy
CBN Approves Cash-based BTA For 2025 Hajj Pilgrims To Ease Travel Demands
The Central Bank of Nigeria (CBN) has approved the request by pilgrims to be granted cash transactions for the holy pilgrimage to Mecca…