Tag: CBN
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BREAKING: CBN Raises Interest Rate to 17.5%
The Policy-Setting Committee of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate, from 16.5 percent...
Government Payments beyond Daily Cash Limit to be done Electronically from 1st March.
The Federal Government has served a notice to the three tiers of Government that all payments from the Public Treasury beyond the threshold approved...
Emefiele Raises Cash Withdrawal Limits
The Central Bank of Nigeria (CBN) has succumbed to pressure and increased its earlier limit on weekly cash withdrawal for individuals from N100,000 to...
Senate Asks CBN to Adjust Cash Withdrawal Limit Policy
The Senate on Wednesday, asked the Central Bank of Nigeria, CBN, to “considerably adjust its recent proposed cash withdrawal limit of N100, 000 per...
