Governor of Central Bank of Nigeria (CBN) Godwin Emefiele Monday unveiled the policy direction of his new five-year tenure, promising to facilitate 95 per cent access to financial services, double digit-growth and bank recapitalisation among […]
Citizens of Ebonyi have been urged to embrace the people-oriented packages and programmes of the Central Bank of Nigeria (CBN) aimed atmaking them financially viable. Assistant Director, Corporate Communication of CBN, Mr Sam Okogbue, said […]
Central Bank of Nigeria (CBN) Governor Godwin Emefiele has assured that no fewer than 10 million jobs would be created in the five years. Emefiele who spoke when he unveiled his second term agenda affirmed […]
The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from the CBN on Tuesday, indicated that authorized dealers in the wholesale segment of the […]
The Central Bank of Nigeria (CBN) has concluded a one-day interactive session with stakeholders on measures being put in place to ensure stability in the financial system and economy. Addressing stakeholders at a forum in […]
The interbank segment of the Foreign Exchange Market has received a boost of $210 million from the Central Bank of Nigeria (CBN) following the conclusion of sales on Tuesday. Figures obtained from the CBN indicated that authorized […]
Last week was very eventful with a screaming headline in one of the newspapers calling for the probe of Central Bank of Nigeria (CBN) over alleged N500 billion fraud. This was a fallout of the […]
When the news broke on Thursday, May 9, 2019, that President Muhammadu Buhari had re-nominated Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), for a fresh term of five years, both local […]
The Senate Thursday, confirmed renewal of appointment of Dr Godwin Ifeanyi Emefiele as Governor of the Central Bank of Nigeria ( CBN) for another five-year tenure in office. Senate’s confirmation of Emefiele’s reappointment as CBN governor […]
President Muhammdu Buhari may have nominated the Central Bank Governor, Mr. Godwin Emefiele, for a second term. It was gathered Thursday morning that the President has sent a letter nominating the CBN governor for another […]
The recent revelation by the Central Bank of Nigeria (CBN) that the country attracted $6 billion foreign investments in the first three months of the year is a welcome development. The trend is an apparent […]
The Central Bank of Nigeria (CBN) on Friday, made an intervention of $247.8 million in the retail Secondary Market Intervention Sales (SMIS) and CNY 34.8million in the spot and short tenored forwards segment of the […]
The expected re-appointment of Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has caused confusion among Nigerians. While reports in some quarters claimed that the CBN Governor has been sacked, sources in the […]
The Nigerian Army has said that it deployed troops to various locations and the Central Bank of Nigeria (CBN), Port Harcourt branch in Rivers state to ensure security and safeguard INEC sensitive materials deposited in […]
The consumer price index, (CPI) which measures inflation increased by 11.37 percent (year-on-year) in January 2019. This is 0.07 percent points lower than the rate recorded in December 2018 (11.44) percent. On month-on-month basis, the […]
The Central Bank of Nigeria (CBN) has described the headline story in the BusinessDay newspaper of Monday, February 4, 2019 titled: “Exposed: The Sleazy Face of N306/$, inside Nigeria’s racket where faceless agents pocket over […]
The monetary policy copy of the Central Bank of Nigeria (CBN), has retained the Monetary Policy Rate (MPR) at 14 per cenr. According to the CBN Governor, Godwin Enefiele, the committee also retained all other […]
The Central Bank of Nigeria has said that currency in circulation rose to N2.1 trillion at the end of November last year. The data which represents a surge of N144 billion compared with N1.956 trillioNgbn […]
The Central Bank of Nigeria has decried the growing abuse of the naira through squeezing, selling, spraying and marching on foot while dancing at public functions as well as hoarding by some citizens. The CBN […]
President Muhammadu Buhari has approved the renewal of tenure of three chief executive officers, four new non-executive directors of the Central Bank of Nigeria (CBN) and two new others for some federal agencies. The […]
There are increasing calls for the government to appoint a representative from the capital market into the Monetary Policy Committee (MPC) of the Central Bank of Nigeria. Operators of the market, who made the call […]
By Benjamin Umuteme Abuja Central Bank of Nigeria (CBN) has staed that Nigeria’s total revenue from crude oil rose by 29 percent to N7.3 trillion in 2017, reflecting impact of increases production and in crude […]
The Central Bank of Nigeria, CBN, which cultivated 3,176 hectares of land for rice production in Borno State through the anchor borrower’s programme has commenced the milling and processing of the commodity. Chairman of the […]
The Nigerian Communications Commission (NCC) has said that false speculations surrounding the sale of 9Mobile has reduced the telecommunications company’s subscriber base from 21 million to 17 million. The Executive Commissioner, Stakeholders Management, NCC, Mr […]
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