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We are not devaluing the naira – CBN denies rumours

The Central Bank of Nigeria (CBN) has denied reports that it has devalued the naira. The CBN was earlier reported to have devalued the naira...

Banks Are Required To Open On Saturday And Sunday By CBN (Learn Why)

The Central Bank of Nigeria (CBN) has ordered all deposit money banks to open on Saturday and Sunday in preparation for a significant naira...

Interest rates are increased by the CBN to 18%

The monetary policy rate (MPR), which measures interest rates, was increased from 17.5 percent to 18 percent by the Central Bank of Nigeria's (CBN)...

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