monetary policy

  1. Reps Seek Six-Year Tenure for CBN Governor, Ban on Domestic Foreign Currency Transactions

    Nigeria Reps Seek Six-Year Tenure for CBN Governor, Ban on Domestic Foreign Currency Transactions

    The Digest: The House of Representatives has advanced a bill proposing a single, non-renewable six-year term for CBN leadership and banning foreign currency for domestic transactions. According to sponsors, the changes aim to modernize the apex bank, curb political interference, and unify...
    • Nigeria News
    • Article
    • 1 min read
    • cbn house of representatives monetary policy
    • Category: Business
  2. CBN Holds Interest Rate at 27% Amid Ongoing Inflation Concerns

    Nigeria CBN Holds Interest Rate at 27% Amid Ongoing Inflation Concerns

    The Digest: The Central Bank of Nigeria has maintained its benchmark interest rate at 27 percent, as announced by Governor Olayemi Cardoso following the 303rd Monetary Policy Committee meeting in Abuja. The decision reflects the bank's continued focus on tackling persistent inflation and...
Back
Top