CBN

The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has expressed alarm about the naira's precipitous decline since the Central Bank of Nigeria announced the redesign of its currency (CBN).…

Central Bank of Nigeria, CBN is targeting a stronger digital economy to support the growth of the financial systems. This is even as the digital currency, eNaira, records 190.1 per cent growth in transactions relative to its level…

Governor Godwin Obaseki of Edo State has faulted the move to redesign the naira, claiming it has no economic basis and purely political plan. He said this while inaugurating the Edo State Peoples Democratic Party (PDP) Women Campaign…

Muslim Rights Concern (MURIC) has supported the move by the Central Bank of Nigeria (CBN) to redesign the naira. However, the Islamic human rights organization gave the condition that Arabic Ajami must be inscribed on all naira…

Prof. Kingsley Moghalu, a former Deputy Governor of the Central Bank of Nigeria (CBN) has commended the apex bank on the proposed redesigning of the Naira. Moghalu, a Nigerian Political Economist who gave the commendation in a…

The Central Bank of Nigeria (CBN) has insisted that it followed the law and proper procedure to carry out the exercise, which has been overdue for 12 years, in response to claims made by the Minister of Finance, Budget, and National…

The Minister of Finance, Budget, and National Planning, Zainab Ahmad, on Friday, rejected the notion two days after the Central Bank of Nigeria (CBN) unveiled plans to redesign the naira, saying that it would have catastrophic effects…

Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says about one-third of the world economy is currently in recession due to the damaging effects of COVID-19 pandemic and the ongoing war between Russia and Ukraine.…

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged foreign investors to consider Nigeria and other African countries as choice destination for investment. According to a post on CBN twitter handle,…

Godwin Emefiele, the Governor, Central Bank of Nigeria (CBN) has urged early detection of challenges in banks and quick intervention to avert financial distress of depositors. This is contained in a statement posted on the CBN…

Nigerian preacher, Leke Adeboye who is the son of the general overseer of the Redeemed Christian Church Of God (RCCG), Pastor E.A. Adeboye has faulted the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele for the…

The Senate on Wednesday, July 27, at plenary resolved to invite the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, to educate and inform senators in a closed session on the reasons for the rapid depreciation of the…

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday, July 19, increased the Monetary Policy Rate (MPR) to 14 per cent from its initial 13 per cent. Reading a communiqué after the committee’s meeting in…

The storage of electoral materials is an ongoing topic of discussion between the Independent National Electoral Commission (INEC) and the Central Bank of Nigeria (CBN), according to the commission. Festus Okoye, the INEC Commissioner…

President Muhammadu Buhari has again reiterated a vote of confidence in Godwin Emefiele, governor of the Central Bank of Nigeria (CBN). In an interview with Bloomberg, the president said Emefiele is following an alternative economic…