CBN Retain Rates As Cardoso Says Economy Remains Resilient
By Oluwakemi Kindness The Central Bank of Nigeria (CBN) says the country’s economy remains resilient despite mounting global uncertainties. Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, who srated this on Tuesday after the Monetary Policy Committee (MPC) meeting in Abuja, attributed the performance to reforms implemented by both the fiscal and monetary […]
CBN Highlights Structural Reforms Driving Nigeria’s Economic Stability
By Oluwakemi Kindness The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says Nigeria’s recent economic gains are the result of structural reforms that are creating lasting stability, boosting investor confidence, and enhancing the country’s global financial standing. FX Market Now Fully Market-Driven Speaking at the final Monetary Policy Committee (MPC) briefing of […]
CBN Cuts Interest Rate to 27% to Boost Economy
By Oluwakemi Kindness The Central Bank of Nigeria (CBN) has reduced the benchmark interest rate, the Monetary Policy Rate (MPR), by 50 basis points to 27 per cent to support growth and ease borrowing costs. The decision was announced on Tuesday by the Governor of the CBN, Olayemi Cardoso, at the end of it 302nd […]