The Central Bank of Nigeria (CBN) has lamented the economic backwardness faced by the nation despite its brilliant policies. The bank highlighted smuggling and dumping of...
The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has expressed worries over the current state of Nigeria’s economy. Emefiele who just began his...
Nigeria’s Foreign Exchange Reserves increased to $45.090 billion in May from $44.790 billion in April of 2019, according to the latest statistics from the Central Bank...
The Central Bank of Nigeria, CBN, will continue to implement policies that will help reduce the importation of goods that can be produced locally in the...
The Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, has said Nigeria must be prepared for the next global economic crisis. Emefiele stated this on...
The Central Bank of Nigeria (CBN) on Thursday set up a committee for the revival of the country’s cotton, textile and garment industry. This followed the...
The Nigerian Senate on Thursday confirmed Godwin Emefiele as governor of the Central Bank of Nigeria (CBN) for a second term. President Muhammadu Buhari had re-nominated...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has painted a gloomy picture for the Nigerian economy under the President Muhammadu Buhari administration, saying...
The presidential candidate of African Action Congress (AAC), Omoyele Sowore, on Tuesday expressed dismay that President Muhammadu Buhari’s government is yet to dismiss and prosecute the...
Activist and human rights lawyer, Femi Falana, has called on President Muhammadu Buhari to set up a panel of enquiry to probe the N500 billion scandal...
The Central Bank of Nigeria has reacted to a certain tape supposedly of a discussion between CBN Governor, Godwin Emefiele, his Deputy, Edward Adamu and some...
Worried by the incessant rate of kidnapping in recent times, the Emir of Katsina Abdulmumini Kabir Usman on Monday told the Minister of Agriculture, Audu Ogbe...
As part of efforts to end the circulation of dirty, mutilated and counterfeit banknotes, the Central Bank of Nigeria (CBN) has put together a Clean Note...
Nigeria’s foreign reserves rose from $42.87bn by March 12 to $44.728bn as of April 12, according to latest statistics from the Central Bank of Nigeria (CBN)....
Governor of Central Bank of Nigeria, Godwin Emefiele, and the Accountant-General of the Federation, Ahmed Idris, have been asked to appear before the House of Representatives...
The Central Bank of Nigeria, CBN, has estimated that the country’s inflationary rate will rise to 12 percent and thereafter moderate. The Governor of the CBN,...
The Governor of the Central Bank of Nigeria (CBN) Mr Godwin Emefiele has faulted the position of the Lagos Chamber of Commerce and Industry, LCCI, that...
It has been revealed that the Central Bank of Nigeria (CBN) has disclosed an agreement with all states in the South-South and South-East regions of the...
Nigerians will no longer be able to access foreign exchange for the importation of any form of textile materials from henceforth, as the Central Bank of...
The Minister of Agriculture, Chief Audu Ogbeh, has commended the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele for introducing a list of restricted...
The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, has left the Monetary Policy Rate, MPR, at the same level it has been...
The Central Bank of Nigeria has said it is planning to increase the number of items on its foreign exchange restricted items to 50 from 42....
The Central Bank of Nigeria (CBN) on Friday, intervened in the Retail Secondary Market Intervention Sales by injecting the sum of $263 million, the first in...
The already bad state of the Nigerian economy may be in for another major shock, as the National Association of Enterprise Employers (NAEE) organizers of the...
The Central Bank of Nigeria (CBN) has said it was ready to partner with the Economic and Financial Crimes Commission (EFCC) in order to expose and...
The Central Bank of Nigeria (CBN) has revealed that the country recorded a decline in its monthly food import bill from $665.4 in January 2015 to...
The Central Bank of Nigeria (CBN) has said that it expects inflation rate in the country to increase to 11.4 percent for the remaining part of...
Global rating agency, Fitch Ratings, has said the operations of banks in Nigeria are being constrained by the operating environment in the country. Fitch, which stated...
The Central Bank of Nigeria (CBN) said it expects to maintain its tight monetary policy stance until the inflationary pressures ease towards it target band as...
The Central Bank of Nigeria (CBN) has said latest documents provided by MTN Nigeria and its four banks may lead to a reduction in $8.1 billion claim...
It was on Friday evening and I was just making plans on how best I could maximise the weekend when the news broke that the Central...
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has cleared the air on why it changed the defunct Skye Bank’s name to Polaris Bank,...
In spite of the reversal in downward inflationary trend and slowing economic growth in the country, the Monetary Policy Committee (MPC) of the Central Bank of...
The Central Bank of Nigeria (CBN) said it would support banks that fund projects in agriculture and manufacturing sectors by refunding Cash Reserve Ratio (CRR) at...
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) may consider lowering its main lending rate for the first time in almost two years, as...
Finance Minister, Kemi Adeosun and the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Sunday gave explanations on why they did not attend...
Central Bank of Nigeria (CBN) governor, Mr. Godwin Emefiele, has said that the apex bank in collaboration with Deposit Money Banks (DMBs) would in the comings...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria which met on Wednesday after a long stretch has retained the Monetary Policy Rate at...
Former minister of Finance Minister, Ngozi Okonjo-Iweala and Central Bank of Nigeria governor, Godwin Emefiele, have been summoned by the House of Representatives to appear before...
The Central Bank of Nigeria (CBN), and its Governor, Godwin Emefiele, have said that they cannot provide information on the money spent on President Muhammadu Buhari’s...
The Central Bank of Nigeria (CBN) has predicted that the country’s foreign external reserves, would hit $40bn by 2018. The nation’s FX reserve had faced challenges,...
The 0.55 per cent Gross Domestic Product (GDP) growth rate, which pulled Nigeria out of its 15-month recession, is still fragile, the Monetary Policy Committee (MPC)...
The Central Bank of Nigeria (CBN), led by Godwin Emefiele, stood its ground Tuesday at the meeting of the Monetary Policy Committee(MPC), refusing to reduce Nigeria’s...
What looked like an insight into the outcome of the 257th meeting of the Monetary Policy Committee (MPC) caused some disagreement between a group of professionals...
As part of its efforts to unravel details surrounding the $43m discovered in an apartment in Ikoyi, Lagos, the House of Representatives has identified the Central...
At no time has the Nigerian banking sector been under such intense pressure as it is presently experiencing since the first and second quarters of 2017....
Again, expectations of experts that Nigeria’s benchmark interest rate would drastically come down has been dashed, as the CBN-led Monetary Policy Commiittee (MPC) rose from its...
It appears the House of Representatives and the governor of Central Bank of Nigeria, Godwin Emefiele, may be in for a serious rattle over the ongoing...
Central Bank of Nigeria governor, Godwin Emefiele on Thursday said that President Muhammadu Buhari was delighted to hear that the forex market is now stabilising. Emefiele,...
The Economic and Financial Crimes Commission has invited more senior officials of the Central Bank of Nigeria as part of investigations into an alleged foreign exchange...
