Nigerian Banks Begin Implementation of PoS Withdrawal Limit
There are indications that banks have begun implementing a daily withdrawal limit of N100,000 and a weekly limit of N500,000 ...
Tag: CBN
We Increased Interest Rate To 27.25% To Reduce Excess Money In Circulation, Control Inflation – Cardoso
“Our decision to raise the Monetary Policy Rate (MPR) to 27.25% was a bold move. Higher interest rates, while painful ...
BREAKING: CBN Raises Interest Rate To 26.75% Amid Soaring Inflation
The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 ...
Dangote Tackles CBN Over Interest Rate Hike
The President and Chief Executive Officer of the Dangote Group, Aliko Dangote, yesterday faulted the hike of interest rate to ...
Naira Trades Flat On Black Market As Dollar Liquidity Improves
On Wednesday, Naira traded flat at N1,490 on the parallel market, popularly called the black market, following improved dollar liquidity ...
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