Tag: CBN

If I was a cynic, I would have doubted the motives of the governor of the CBN on choosing this ...

What to make of the party’s desire “for a stronger, more stable naira founded upon a vibrant and productive real ...

Do we face a serious food insecurity problem? Both the International Monetary Fund and the World Food Programme think so. ...

The lawmakers say there was a need to ensure that the divestment in the bank did not jeopardise the core ...

Central Bank of Nigeria (CBN) ...the venality that we put forward as evidence of Nigerians’ difference is nothing more than ...

The former CBN deputy governor says what the Central Bank of Nigeria needs "is a new lease of life in ...

The CBN Act No. 7 of 2007 currently allows any incumbent governor of the bank to also serve as chairman ...

In a further contractionary move, the CBN increased the reserve requirements for banks to park excess liquidity by raising the ...

Naira fell to N715 against the dollar at the black market on Friday, leaving the gap with the official market ...

Nigeria has serious problems with corruption and bribery, stealing from government, kidnapping, embezzlement and privateering of collective resources, money laundering, ...

With Nigeria spending N5.9 trillion on imports in the first quarter, irrespective of the preferred exchange rate, reserves of $15 ...

The government likely borrowed N3.09 trillion in four months to finance its budget deficit.

"I have resigned because the process and conduct of the party’s presidential primary on June 8, 2022 at Abeokuta revealed ...

In the midst of the global hike, the nation faces a dicey situation amid efforts to contain inflation, keep domestic ...

The 150 basis point hike is significant as Nigeria battles rising inflation.

“But we have already started talking about what alternatives are available to us in case we need to change the ...

"I’m having fun at the scenario. Let them have heart attack. It’s good to have heart attack. I am having ...

Pressure has mounted on Mr Emefiele to step down from office as CBN governor since the information about his political ...

Mrs Ezekwesili alleged that Mr Emefiele handed over the apex bank’s control to the president since he assumed office.

The U.S. Federal Reserve's decision on Wednesday, the biggest in 22 years, is expected to reverberate around the globe and ...

By redirecting money from circulation back to bank vaults, higher interest rates help to choke off the demand pressures that ...

The approval gives the firm the leave to operate virtually all the services offered by conventional commercial banks except granting ...

"We will make payments to all those who have exported, their proceeds have come in and they sold them through ...

The industry watchdog spotted the transactions and their details, by way of an ultramodern surveillance technology currently exclusive to it.