In its bid to stabilize and improve on recent gains made by Naira against the Dollar, the Central Bank of Nigeria (CBN) on Monday directed all...
The proposed funding of the $50 billion Biofuel Industry Equity Fund (BIEF) for Nigeria by government agencies and parastatals has, generated some disagreements between the Minister...
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has again retained interest rates at record high of 14 per cent. The committee made this...
Operators in the sector are questioning why the authorities have licenced two Islamic insurance companies to operate in the country. This at a time the Nigerian...
The 2017 financial year may begin on a shaky note for the ministry of finance and some government agencies and parastatals. Informed sources have revealed that...
Thousands of Nigerian pensioners were denied their payments during the Yuletide period due to CBN’s misunderstanding with commercial banks over non acceptance of biometric exercise carried...
The long queues that have returned to most banking halls and at ATM pots, across Nigeria, has been blamed on the CBN’s failure to meet cash...
The long queues that have returned to most banking halls and at ATM pots, across Nigeria, have been blamed on the CBN failure to meet cash...
What began on Friday as an innocuous lecture in Abuja has turned into a full blown battle between Godwin Emefiele, current Central Bank of Nigeria (CBN)...
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday, at the MPC confirmed that there will be no downward review of the high...
A new twist has been added to the face-off between the CBN Governor, Godwin Emefiele and the Minister of Finance, Kemi Adeosun, on how interest rate...
The Minister of Finance, Mrs Kemi Adeosun and the Governor of Central Bank of Nigeria, Godwin Emefiele, have incurred the wrath of members of the House...
The annual inflation rate in Nigeria increased to 17.9 per cent in September, the highest in more than 11 years, from 15.5 per cent in February...
Airline operators in Nigeria can now heave a sigh of relief, especially, if the current move by the Minister of State (Aviation), Hadi Sirika in convincing...
Suspected kidnappers of Mrs Margaret Emefiele, the wife of the Central Bank Governor, Godwin Emefiele were paraded earlier Monday by the Nigerian police. The suspects included two...
The Presidency appears to have passed a vote of confidence on the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, following the moves...
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...
Mrs Kemi Adeosun, Minister of Finance, has said that recession may take longer than Nigerians would like and she cannot predict when it will be over....
An All Progressives Congress ( APC ) senator, Dino Melaye, has called President Muhammadu Buhari to stop barking and start acting. Melaye, who made the call...
The Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, Saturday, defended the decision of the apex bank to increase interest rate, adding that...
In a bit to halt the spiralling inflation rate in the country and the continuous downward trend of the naira, the Central Bank of Nigeria (CBN),...
In another attempt at firming up the local currency, the naira, the Central Bank of Nigeria (CBN) has ordered banks to record and publish details of...
The Central Bank of Nigeria (CBN), has given itself a new mandate and it has nothing to do with money matters. It does not even have...
The Governor of Nigeria’s Central Bank, Godwin Emefiele, Tuesday, insisted that the country’s financial system is still strong despite astronomical inflation rate and economic stagnation. The...
The Central Bank of Nigeria, CBN, has said plans are on to have Bureau De Change, BDC, operators participate in the flexible exchange rate inter-bank market...
A former Director of Finance of the moribund Air Nigeria, Mr. John Nnorom, has told the Senate how businessman Jimoh Ibrahim crippled the airline. Nnorom was...
By Sonala Olumhense…Finally, the Nigerian government has practically devalued the naira. Given the nation’s economic and fiscal realities, action in that direction had been expected...
With the commencement of the fresh policy on foreign exchange rate in Nigeria today, finance analysts and investment pundits are expecting the new move to eliminate...
The Central Bank of Nigeria (CBN) has set the stage for the devaluation of the naira, as it said on Wednesday that it will allow the...
If the Minister of State for Aviation, Hadi Sirika has his way, the paucity of foreign exchange which is already taking a toll on the activities...
The Central Bankof Nigeria (CBN) has disbursed a total N55, 456, 161, 481 to the power sector in a bid to address the nation’s power problems....
Blomberg…History is repeating itself in Nigeria, where the more President Muhammadu Buhari is urged to devalue the naira, the more he digs in his heels. Investors...
The Central Bank of Nigeria (CBN) said Wednesday that it was planning to raise N218.89bn in short-dated treasury bills on April 7. The sale...
Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, at the weekend, reshuffled some of his directors, in what observers say is in response top the...
By Ali Smart The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate at 11 per cent during its...
Against popular outcry over the introduction of the N50 stamp duty of deposits, the Central Bank of Nigeria, Friday, explained that payments of salaries and wages...
Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, says he will advise the incoming government of Muhammadu Buhari to consider selling off its...
The Governor of Central Bank of Nigeria (CBN) Mr. Godwin Emefiele at the weekend dismissed the claim of JPMorgan Chase & Co that there is a...
