The Governor of Kebbi, Abubakar Bagudu, has stated that Nigeria could not have recovered from recession “early” if not for President Muhammadu Buhari’s prioritization of agriculture...
The Central Bank of Nigeria (CBN) Monday restated its decision to sanction any Deposit Money Bank (DMB) which failed to comply with its earlier instructions to...
The Central Bank of Nigeria (CBN) has, in continuation of its naira intervention policy, injected $250m into the interbank foreign exchange market. Isaac Okorafor, Acting Director,...
One of the Big Four consulting firms, PricewaterhouseCoopers (PwC), has in a recent report laid out the external debt-associated risk to the devaluation of the naira....
Nigeria’s overnight lending rate dropped to 12 per cent on Friday after the earlier sharp rise by almost 100 per cent on Wednesday due to a...
Nigeria’s external reserve has risen to a two-year high of $31.2 billion even as the naira appreciated to N367.5 kobo at the Investors & Exporters (I&E)...
The Central Bank of Nigeria (CBN) Tuesday, warned that Nigeria’s economy may relapse into a protracted recession, citing the N2.5 trillion budget deficit recorded by the...
With increase in Nigeria’s foreign reserves and stability in the naira exchange rate, Nigeria’s recession will be over by third quarter of 2017. The Central Bank...
There is an apparent glut in the foreign exchange market as the Central Bank of Nigeria (CBN), on Thursday, said of $100 million it supplied to...
The Monetary Policy Committee (MPC), a creation of the Central Bank of Nigeria (CBN), after its Tuesday meeting in Abuja, announced that it has retained the...
One of the targets of the recently marketed Eurobond deal is to use the goodwill to shore up the Nigeria’s depleted foreign reserves and increase the...
The long drawn face off between the Central Bank of Nigeria (CBN) and the Nigeria National Petroleum Corporation (NNPC) over deployment of foreign exchange realized from...
Like in 2014, Nigeria has again been beaten by South Africa and Egypt in the banking sector rating of the World Bank for 2016. The country...
The Central Bank of Nigeria (CBN) may have concluded plans to offer for sale a minimum of $650 million weekly in the next five months. This,...
With virtually all its policies aimed at strengthening the naira not yielding positive results, the Central Bank of Nigeria (CBN) has perfected plans to seek help...
Nigeria’s special role in holding on to Islamic values in the West African sub region may have qualified it to head the International Islamic Liquidity Management...
Godwin Emeifele, Governor of the Central Bank of Nigeria, CBN, has charged the federal government to begin taxing callers who spend above three minutes as part...
What looks like s fresh faceoff has resurfaced among top government functionaries on the best approach to an earlier end to Nigeria’s recession and the role...
The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele has been given the matching order to rescue the nation’s economy in 21 days or...
The wife of Godwin Emefiele, the governor of Nigeria’s Central Bank (cbn), Mrs. Margaret Emefiele, has been reportedly kidnapped by gun men. Sketchy reports say she...
The conflicting statements from the Minister of Finance, Mrs. Kemi Adeosun, and CBN Governor, Godwin Emefiele, on how an end Nigeria’s economic recession has led the...
The non-performing loans (NPLs) in Nigerian banks rose from 68 per cent in 2015, to 78 per cent in May 2016. According to the Central Bank...
The National Economic Council Meeting (NEC) met today at the Council Chambers in Abuja. The meeting was chaired by Vice President Yemi osinbajo The meeting, the...
Fifty one foreign investors repatriated profits from their investments in equities and Federal Government of Nigeria (FGN) bonds last week. The investors considered Nigeria foreign exchange...
In spite of government’s efforts to diversify the nation’s economy from crude oil based, non-oil exports dropped by a whopping 58 per cent losing $6.14 billion...
In from Ripples Nigeria . . . Central Bank of Nigeria (CBN) governor, Godwin Emefiele, may be the next top profile government official to lose his...
Fiery pastor and General Overseer of the Latter Rain Assembly, Pastor Tunde Bakare has called for the probe of Godwin Emefiele, in view of the startling...
The lower legislative house on Wednesday summoned the Central Bank governor, Godwin Emiefele to come and explain the new guidelines requiring customers to provide their bank...
