Tag: Central Bank of Nigeria
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Ethiopia scrapped Visa on Arrival for Nigerians
The government of Ethiopia has suspended Visa on arrival for Nigerians, along with travellers from 41 other countries.
This is coming barely two weeks after...
CBN raises interest rate to 15.5% to tame rising inflation
The Central Bank of Nigeria has raised the Monetary Policy Rate (MPR), which measures interest rate, to 15.5 percent from 14 percent to tame...
We are working to avert Naira’s further fall against dollar – CBN
The Central Bank of Nigeria (CBN) has advised Nigerians to resist the urge of succumbing to the speculative activities of some players in the...
CBN vows to arrest any Nigerian buying dollars with Naira
The Central Bank of Nigeria has vowed to arrest and prosecute Nigerians using Naira to buy dollars.
“For those taking money from banks to buy...
CBN has raised the Monetary Policy Rate (MPR) from 13 percent to 14 percent
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) from 13 percent to 14 percent.
CBN Governor Godwin Emefiele announced this...
