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…

Sanusi Garba, Chairman, Nigerian Electricity Regulatory Commission (NERC), has revealed that Nigerians will witness improved power supply from July 1 following renewed efforts by industry stakeholders. Garba gave the assurance at an…

According to a World Bank assessment, Nigeria's poverty reduction goals are threatened by the COVID-19 pandemic, growing inflation, and the prolonged uncertainty surrounding the Russia-Ukraine conflict. World Bank economists Jonathan…

Central Bank of Nigeria, CBN, is ramping up its public awareness campaign to prevent Nigerians from becoming victims. This is in light of the continuous operation of illegal financial institutions and Ponzi schemes in Nigeria's…

Godwin Emefiele, Governor of the Central Bank of Nigeria, has brushed off the anxiety surrounding his presidential ambition ahead of the 2023 general elections. Emefiele spoke to journalists after meeting President Muhammadu Buhari at…

Governor of the Central Bank of Nigeria, Godwin Emefiele, faces an uncertain future as the Federal Government has on Thursday, May 12, mandated the resignation of the heads of all Ministries, Departments and Agencies (MDAs),…

Central Bank of Nigeria (CBN) has advised Nigerians to be wary of fraudsters who have been posting fraudulent messages relating to the eNaira launched recently. Recall that President Muhammadu Buhari on Monday, October 25 launched…

Central Bank of Nigeria have on Thursday announced the postponement of the planned unveiling of the digital currency, eNaira. The launch was initially scheduled for October 1, but was postponed due to other activities lined up to…

Federal Government through Central Bank of Nigeria (CBN) has on Friday said it will shut down the operations of ‘Aboki FX’ over publication of exchange rate. ‘Aboki FX’ is a website that provides currency exchange information, which the…

Central Bank of Nigeria has directed banks to place a post-no-debit restriction on the bank accounts of 18 companies. According to TheCable, the directive was contained in a circular dated August 18 and signed by the Director of Banking…

Central Bank of Nigeria has warned that that abusers of the Naira at social events risk imprisonment or an imposition of fine. CBN noted in a statement issued on Tuesday that according to the bank’s 2007 amended Act, ‘spraying of,…