Archives for January 25, 2023
CBN Raises Interest Rate To 17.5%
By Ngozi Onyeakusi--- The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rates from to percent to tame inflation. The CBN Governor, Godwin…
Old Naira Notes: CBN Insists On 31st January Deadline, Gives Reasons
By Ngozi Onyeakusi---The CBN has disclosed that its January 31, 2023 deadline for the validity of the old N200, N500, and N1,000 notes remained sacrosanct . He said there is…
CBN Rakes In N370bn as Stamp Duty in 6 Years -Emefiele
By Ngozi Onyeakusi----Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) yesterday disclosed the bank generated a total of N370,686 billion as stamp duty in six years, between 2016…