Voice of Commonwealth

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cbn

CBN dismisses speculations

ABUJA (CU)_Late last month, the Central Bank of Nigeria (CBN) decided to entirely cease forex sales to Bureau De Change (BDCs) operators and to...

Nigerian manufacturers Back CBN’s new policy shift

ABUJA (CU)_ Following the July 2021 Monetary Policy Committee (MPC) meeting last week, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele,...

Central Bank of Nigeria launches major policy shift following MPC meeting

ABUJA (CU)_Following the July 2021 Monetary Policy Committee (MPC) meeting in Abuja, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said...

CBN stepping up to tackle 22m housing deficit

ABUJA (CU)_As Nigeria's economy continue to report improvement from the downturn experienced during the COVID-19 pandemic, experts believe that it is imperative to refocus...

CBN to offer a digital currency?

ABUJA (CU)_Over the recent past there has been growing interest in cryptocurrencies, among investors, analysts, industry experts, as well as central banks across the...

CBN shuts down 42 microfinance banks, NDIC to liquidate them

By Bronson Jayamanna NIGERIA (CWBN)_ The Central Bank of Nigeria (CBN) recently suspended the operating licenses of 42 microfinance banks in the country.  This was...