Economy

CBN Has Not Devalue Naira, Spokesman Clarifies

Contrary to a report, the Central Bank of Nigeria (CBN) says it has not devalued the Naira to N631 per dollar

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CBN Retains MPR at 27.50%

By Chidi Ugwu The Central Bank of Nigeria (CBN) Thursday resolved to retain the Monetary Policy Rate (MPR), the benchmark

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CBN Sanctions Nine Banks N1.35bn For Failure To Dispense Cash

By Chidi Ugwu The Central Bank of Nigeria (CBN) has fine nine deposit money banks N150 million each amounting to

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