CBN
Just In: Dr Cardoso assumes duty as Acting CBN Governor
Dr. Olayemi Michael Cardoso, on Friday, formally assumed duty as the Acting Governor of the Central Bank of Nigeria (CBN) pending his confirmation...
AMCON battling 3,000 court cases, restraining orders to sell off debtors’ N3.6trn assets — MD
With over 3,000 cases in court, the Asset Management Corporation of Nigeria (AMCON) has restraining orders from the courts not to sell assets...
Breaking: Pres. Tinubu nominates Yemi Cardoso as new CBN Governor
President Bola Tinubu has nominated Mr Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria (CBN). Cardoso is a...
How Acting CBN Gov. Shonubi masterminded controversial Naira redesign
Contrary to Nigerians’ belief that the suspended CBN Governor, Godwin Emefiele, formulated the Naira redesign policy, it has been discovered that the Deputy...
Nigeria will soon be the toast of Africa’s aviation — Keyamo
Festus Keyamo, the Minister of Aviation and Aerospace Development, says the Federal Government plans to revamp the aviation industry and make Nigeria the...
Punch Got It Wrong On NNPC And $3 Billion Loan by Tajudeen Suleiman
In its editorial of Friday August 25 that read more like a diatribe against President Bola Tinubu and the Nigerian National Petroleum Company...
N6.9bn procurement fraud: FG to arraign Emefiele, accomplices on Thursday
The suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, and his accomplices will be arraigned for N6.9 billion procurement fraud...
Breaking: Nigeria’s inflation accelerates to 24.08%, the highest in a decade
The National Bureau of Statistics (NBS), in its Consumer Price Index (CPI) report released for July 2023, on Tuesday, disclosed that inflation rate...
CBN gets Pres.Tinubu’s marching order to reverse Naira slide against other currencies
The Central Bank of Nigeria (CBN) and the Federal Government appear set to reverse the free fall of the Naira. To this end,...
We’ll declare indefinite nationwide strike if petrol price rises above N617, NLC threatens
The Nigeria Labour Congress (NLC) has threatened to declare a nationwide strike if there is a further hike in the pump price of...
Coup: ECOWAS, in a volte-face, announces sanctions, dumps military action against Niger
In a volte-face, the Economic Community of West Africa States (ECOWAS) has given up on applying military force to reverse the coup in...
Pres. Tinubu appoints special investigator to probe CBN under Emefiele
A Special Investigator to probe the Central Bank of Nigeria (CBN) and related entities by President Bola Tinubu. In a letter dated July...
Tinubu govt.to revert to a CBN-controlled exchange rate system – EIU
The Economic Intelligence Unit (EIU) has predicted in its latest report that the Bola Tinubu administration will soon revert to the regime where...
Just in: CBN raises interest rate to 18.75 percent
The Central Bank of Nigeria (CBN) on Tuesday increased the benchmark interest rate by 25 basis points to 18.75 per cent from 18.5...
Buhari’s govt. borrowed N1.83tn from CBN in Q1 2023, pushes borrowings from the bank to N25trn, says official report
The ex-President Muhammadu Buhari government borrowed N1.83tn from the Central Bank of Nigeria (CBN) through the “Ways and Means Loan” in the first...
