CBN - Central Bank Of Nigeria
65% of Nigerians want CBN to reduce interest rates amid high inflation, food prices
The CBN Monetary Policy Rates, also known as interest rates, have generated a lot of discussions since 2024 especially due to the repeated decisions to increase them
UBA releases CBN’s National Domestic Card for easy payments, explains features
The United Bank for Africa (UBA) has unveiled the AfriGo Card, the National Domestic card payment solution designed by the Central Bank of Nigeria and NIBBS.
CBN releases new exchange rate as the naira rises in official window, falls in black market
The Nigerian naira strengthened by 0.16% in the foreign exchange market on Wednesday, March 19, 2025, trading at N1,530 from N1,532 on Tuesday, March 18, 2025.
Naira crashes against US dollar in the official, Black forex markets as Rivers crisis adds pressure
The Central Bank of Nigeria has revealed that the naira recorded another poor performance against the US dollar in the Nigerian Foreign Exchange Market (NFEM).
Mastercard predicts consumer spending will rise by 6% in 2025, gives reasons
After a tough 2024 with high inflation and reduced consumer spending, Mastercard has listed things that would influence the increased consumer spending in 2025.
CBN changes dollar rate for customs duty as naira depreciates again
The Central Bank of Nigeria (CBN) has reduced the foreign exchange rates for cargo clearance at Nigeria's ports despite the depreciation against naira.
MoreMonee launches Nigeria’s first domestic debit card with NIBSS, AfriGO & CBN
MoreMonee, formerly known as M&M MFB, is a leading financial service provider in Nigeria, transforming the banking landscape with innovative solutions for businesses
CBN maintains naira stability amid increased forex demand
The CBN has managed to prevent a rapid fall in the value of the naira by actively intervening in the foreign exchange market and reducing disruptions.
After two months of decline, Nigeria's FX reserves record growth again
Nigeria's Foreign Exchange reserves have been on a downward trend since January 2025, but to everyone's relief, the trend changed last week for the better.
CBN - Central Bank Of Nigeria
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