Tag:CBN

Business

CBN raises baseline lending rate to 18.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 18.5 per cent from...

mediagem - May 25, 2023 0

Business

FULL LIST: CBN revokes licences of 179 microfinance banks, 4 mortgage banks, 3 others

The licences of 179 microfinance banks, four primary mortgage banks and three finance companies have been revoked by the Central Bank of Nigeria, CBN. The...

mediagem - May 25, 2023 0

News

Supreme Court extends use of old Naira till Dec 31

The Supreme Court on Friday ordered the Federal Government to allow the old Naira notes to continue as legal tender until Dec. 31, 2023. In...

mediagem - March 3, 2023 0

Business

APC kicks against Naira redesign, asks Buhari to obey Supreme Court

The All Progressives Congress (APC) has called on the Attorney General of the Federation and the Governor of the Central Bank of Nigeria (CBN)...

mediagem - February 19, 2023 0

For the record

President Buhari’s speech on Currency Swap, State of the Nation

NATIONAL BROADCAST BY HIS EXCELLENCY MUHAMMADU BUHARI, PRESIDENT, FEDERAL REPUBLIC OF NIGERIA ON THE CHALLENGES OF THE CURRENCY SWAP AND STATE OF THE NATION,...

mediagem - February 16, 2023 0

News

Naira Crisis: Buhari extends validity of Old N200 Note Till April 10

President Muhammadu Buhari has extended the validity of the old N200 notes till April 10, 2023. The president announced this in a national broadcast on...

mediagem - February 16, 2023 0

Business

Naira Scarcity: Supreme Court dashes hope, adjourns hearing

The Supreme Court fixes Feb.22 for the hearing of the suites filled by some State Governors against the Federal Government over the cashless policy...

mediagem - February 15, 2023 0

Business