The House of Representatives was thrown into a rowdy session after top government functionaries invited to appear before the Ad Hoc Committee investigating the status of...
The Central Bank of Nigeria has announced a new decision on its Naira for Dollar Scheme scheduled to end on Saturday, May 8. The scheme designed...
The Central Bank of Nigeria (CBN) has revealed that Nigeria’s foreign exchange reserves rose by 0.17 percent in the month of April. Data obtained by Ripples...
Tech consultant and investor, Victor Asemota, has defended bitcoin and cryptocurrency against claims made by Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN)...
For Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN) and those that still doubt the credibility of bitcoin and other cryptocurrencies, Coinbase initial...
Nigerian may soon find it difficult to purchase wheat, as the importation of the product will soon be reduced by the Central Bank of Nigeria (CBN)....
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has assured Nigerians and investors that the apex bank has enough foreign exchange to meet demands....
The social media space on Thursday morning was awashed with reactions to comments made by the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele about...
Nigerian banks borrowed the sum of N1.7 trillion from the Central Bank of Nigeria (CBN) in the three months to September 2020, data obtained from the...
The Governor of Central Bank of Nigeria (CBN, Godwin Emefiele, said on Friday the country could exit recession by the first quarter of 2021. Emefiele, who...
Discussions on social media on Wednesday were mostly unrelated to Nigerian politics, except for the unending demand for an end to police brutality, which caused the...
The aftermath of the #EndSARS protests has continued to look messy, as social media users have kept calling out the government over recurring allegations of intimidation...
The Central Bank of Nigeria (CBN), together with the Bankers’ Committee, said it would impose sanctions on exporters who refused to repatriate forex proceeds from their...
The non-performing loans portfolio of banks in Nigeria added up to N1.2 trillion at the end of June, figures obtained from the Central Bank of Nigeria...
Indigenous scientists and research institutes passionate about finding lasting remedies to the coronavirus pandemic would receive the financial backing of the Central Bank of Nigeria in...
Between 2nd January and 1st April this year, Nigeria’s foreign reserves declined by $3.02 billion or 7.83%, moving from $38.53 billion to $35.16 billion in between the periods. The country’s...
The Central Bank of Nigeria (CBN) has announced that the N100 billion health intervention fund earmarked for tackling the COVID-19 crisis will terminate in 2030. “The...
The Central Bank of Nigeria on Wednesday announced a N1.1trillion intervention fund to support critical sectors of the economy. The CBN Governor, Godwin Emefiele, who disclosed...
The Central Bank of Nigeria (CBN) on Monday reduced the interest rates in all its intervention facilities from 9 percent to 5 percent per annum for...
The Central Bank of Nigeria (CBN) is contemplating a downward review of the lending rate as a buffer against the current economic austerity and as a...
The Naira is currently at the mercy of two economic catastrophes: the ceaseless plunge in oil prices triggered by the untameable COVID-19, and the nation’s shrinking...
President Muhammadu Buhari on Monday summoned an emergency meeting of some government officials over the sudden crash of oil price. Those at the meeting included Godwin...
President Muhammadu Buhari on Monday set up a committee headed by the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, to assess the impact...
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, said on Saturday the apex bank would seize the private jets of loan defaulters in the...
The Central Bank of Nigeria (CBN) Friday sent a cautionary note to the Federal Government in respect of the rising debt profile of the country. Godwin...
The banking sector gross credit increased by N2.7trillion in seven months, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said on Friday. Emefiele,...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said on Friday over $60 billion had been traded in the Investors and Exporters (I&E)...
Minister of Finance, Budget and National Planning, Zainab Ahmed, Wednesday disclosed that the closure of the country’s land borders was contributing to rising inflation. Figures from...
Rising from its Monetary Policy Committee (MPC) session this afternoon, the Central Bank of Nigeria (CBN) announced its retention of the Monetary Policy Rate (MPR) at...
In recognition of the utilitarian values of Public Private Partnership (PPP) to the populace, Central Bank chief, Godwin Emefiele has called for bigger participation of corporate...
Nigeria imports cassava derivatives valued at about $600 million annually, the head of the country’s central bank has said. Godwin Emefiele, the governor of the Nigerian...
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said that border closure, if sustained for the next two years, was capable of tackling...
The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele said on Tuesday that more than N100 billion investment is required to revive Nigeria’s Cotton,...
The end to the closure of Nigeria’s land borders may take longer than expected as the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele,...
President Muhammadu Buhari’s ‘’rice revolution’’ is laudable. Before the ‘’crop rebellion’’, Nigeria spent about $1.65 billion annually importing rice from Thailand and India. But the country...
Former Kaduna lawmaker, Shehu Sani has blamed the Central Bank of Nigeria (CBN) for the new charges imposed by MTN for Unstructured Supplementary Service Data (USSD)...
The Central Bank of Nigeria (CBN) has asked banks to move their business from telecommunications companies that are working on increasing the charges on unstructured supplementary...
A group in South-Eastern part of the country, Zikist-Buharist Movement (ZBM) has accused the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, of marginalising...
Nigeria has sent a delegation to the United Kingdom (UK) to find a way of settling the $9.6 billion judgment debt awarded against it. The delegation...
The Central Bank of Nigeria (CBN) on Friday decided to retain the Monetary Policy at 13.5 per cent. The MPR is the rate at which the...
The lower chamber of the National Assembly has asked the Central Bank of Nigeria (CBN) to suspend the recently imposed charges on cash deposits in some...
The House of Representatives on Tuesday summoned the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele over some abandoned projects in the country. This...
The House of Representatives and the Governor of the Central Bank of Nigeria’s (CBN), Godwin Emefiele, may be heading for a round of bickering over the...
A former Minister of Education, Oby Ezekwesili has suggested that the President Muhammadu Buhari led Federal Government has decided to punish Nigerians with forex restriction on...
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) on Tuesday left the Monetary Policy Rate unchanged at 13.5 per cent. The CBN Governor,...
In an effort to revive the country’s Cotton, Textiles and Garment (CTG) sector, President Buhammadu Buhari has ordered that the military uniform among other clothing for...
The Governor of the Central Bank of Nigeria (CBN) on Monday said the country’s external reserves have risen from $23 billion in October 2016 to over...
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, on Monday said his second term would witness the recapitalisation of the banking system. Emefiele made the...
Dear Mr. Godwin Emefiele I congratulate you on your re-appointment as Governor of the Central Bank of Nigeria (CBN) for a second term. This appointment, I...
The Central Bank of Nigeria (CBN) has rolled out plans to sell Treasury Bills (TBs) worth N809.4 billion for the third quarter 2019, Q3’19. This is...
