The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said on Tuesday six Super Tucano fighter jets purchased by the Federal Government would arrive...
The Central Bank of Nigeria (CBN) on Tuesday retained its benchmark interest rate at 11.5 percent after the two-day Monetary Policy Committee (MPC) meeting in Abuja...
The House of Representatives has summoned the Minister of Justice and the Attorney General of the Federation (AGF), Abubakar Malami (SAN), Minister of Finance, Zainab Ahmed...
Vice President Yemi Osinbajo is expected to meet with state governors and Governor of Central Bank of Nigeria, Godwin Emefiele, in the coming days in a...
The Central Bank of Nigeria (CBN) has removed the official exchange rate of N379 per dollar from its website. Also, The last time the exchange rate...
The Central Bank of Nigeria has assured depositors with First Bank not to panic that their money is safe. CBN Governor, Godwin Emefiele’s issued a statement...
National Vice Chairman South-South of the Peoples Democratic Party (PDP) Chief Dan Orbih, has called on the Central Bank of Nigeria (CBN) to explain the economics...
The Association of Bureaux De Change Operators of Nigeria (ABCON) on Tuesday charged the Central Bank of Nigeria (CBN) to introduce measures that would counter the...
The depreciation of Nigeria’s Naira has increased the nation’s external debt service in January by about N34.3 billion. According to the monthly economic report for January...
The Senate Public Accounts Committee has again, summoned the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, giving him up till Thursday, to appear before...
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has denied reports that the Nigerian government was operating a flexible exchange rate, and only recognises...
The Governor of the Central Bank of Nigeria (CBN) will face Senate committee today, Tuesday, over alleged missing $9.5 million interest. The fund was from the...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream...
Despite the rise in crude oil prices this week, the sustained demand for dollars in the foreign exchange market means Nigeria’s currency ended the week 0.18...
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has revealed, that during the past wet season in 2020, 221,450 farmers cultivated 221,450 hectares in...
Nigeria’s Diaspora remittances recorded 500 percent increase in inflow since the Central Bank of Nigeria (CBN) directed all International Money Transfer Operators (IMTO) to allow remitters...
The Governor of Central Bank of Nigeria, Godwin Emefiele, said on Friday the Nigerian economy is on track for full recovery this year. The Nigerian economy...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream...
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, said on Saturday arrangement is being made to enable the Dangote Refinery to sell refined crude to...
The Minister of Aviation, Sen. Hadi Sirika, on Thursday, February 26, received a new aircraft bought by Allied Air at the Nnamdi Azikiwe International Airport, Abuja...
A federal high court sitting in Abuja on Wednesday ordered the Central Bank of Nigeria (CBN) to unfreeze the bank accounts of some #EndSARS protesters frozen...
The Central Bank of Nigeria (CBN) says it has disbursed a total of N2 trillion through its various intervention programmes, as at January 2021. This was...
The Central Bank of Nigeria (CBN) has said it would charge investors protection fees on its non-interest asset-backed securities. In its recently issued draft framework of...
Nigeria’s foreign exchange reserves contracted by $269.47 million in the five-week period to 12th December, data from the Central Bank of Nigeria (CBN) showed on Monday....
The Central Bank of Nigeria (CBN) has approved new minimum capital requirements for payment service providers and other financial institutions in the country in a bid...
Central Bank of Nigeria (CBN) Governor Godwin Emefiele has affirmed that Nigeria must give considerable focus to productions to expand the economy. Emefiele stressed that the...
The House of Representatives has invited Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN); Zainab Ahmed, the minister of finance, budget and national...
The Central Bank of Nigeria, (CBN), has insisted that the frozen accounts of #EndSARS campaigners on the orders of Justice Ahmed Mohammed of the Federal High...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream...
Nigeria’s foreign exchange reserves, which come to $35.4 billion, are adequate to meet import needs and services for seven months, Godwin Emefiele, the Central Bank of...
Nigeria’s official exchange rate cannot be controlled by the parallel market, where the local currency has depreciated to its lowest level in three months, Godwin Emefiele,...
The total credit granted by lenders to support the economy from the end of August to 13th November advanced from N19.33 trillion to N19.54 trillion, equivalent...
The Central Bank of Nigeria (CBN) has directed all banks operating in the country to comply with SWIFT Universal Confirmation Requirements. The CBN’s Director of Banking...
The Central Bank of Nigeria (CBN) has warned Nigerians against dubious loan offers and investment schemes through messages and videos on social media, requesting loan seekers...
The Central Bank of Nigeria (CBN) said it had so far disbursed funds in the neighbourhood of N369 billion to manufacturers, small and medium scale enterprises,...
Banks have to grow the share of their credit to the agricultural sector by more than twice its current size to make it up to one...
Bank accounts belonging to Premier Lotto, owned by Chief Adebutu Kensington, popularly called ‘Baba Ijebu’, have been ordered frozen by the Central Bank of Nigeria (CBN)...
The House of Representatives Thursday kicked against the failure of the Central Bank of Nigeria (CBN) to account for the $11 billion withdrawn from the Excess...
A House of Representatives investigative panel Tuesday invited central bank’s chief, Godwin Emefiele; Communications and Digital Economy Minister, Isa Pantami; Federal Inland Revenue Service (FIRS) Chairman,...
The total exposure of banks to the economy ballooned by N3.3 trillion at the end of June compared to the corresponding period of May, the Central...
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, said on Monday the apex bank had funded about 20 projects valued at ₦26.278 under its...
The Central Bank of Nigeria (CBN), rising from its Monetary Policy Committee (MPC) meeting Monday retained its monetary policy rate, which measures the interest rate at...
Nigeria’s foreign reserves depleted by $454 million from $36.572 billion to $36.118 billion in the 45-day period between 1st June and 15th July, latest data from...
Nigeria’s foreign reserves slumped from $36.57 billion to $36.2 billion in the period between 1st and 29th June, equivalent to a depletion of $373.23 million, data...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, and the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, has been summoned by...
The total contribution by the private sector Coalition against COVID-19 (COCAVID) now stands at N29 billion, the Central Bank of Nigeria (CBN) has said. Godwin Emefiele,...
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit asking the Federal High Court, Abuja to order the Federal Government and Central Bank of Nigeria...
The Central Bank of Nigeria (CBN) Thursday said it would fund the value chains of nine agricultural commodities with N432 billion during the 2020 wet planting...
The Central Bank of Nigeria, CBN, Tuesday, announced a new rise of the nation’s foreign reserves by $2.7bn after long-witnessing major decline for several months. According...
The Central Bank of Nigeria (CBN) has projected that Nigeria will turn in a negative Gross Domestic Product in the second quarter of this year considering...
