CBN

VP Shettima presides over 4th NEC meeting at State House

The 4th National Economic Council (NEC) meeting is currently underway at the State House, Abuja, with Vice-President Kashim Shettima presiding as Chairman. The...

Again CBN postpones MPC meeting

Amid the high inflation rate, the Central Bank of Nigeria (CBN) has postponed its Monetary Policy Committee meeting (MPC). No date has been...

Old Naira notes remain legal tender, no one should reject them — CBN

The Central Bank of Nigeria (CBN) has clarified that all banknotes it has issued remains a legal tender and should not be rejected...

No plans to redenominate the Naira – CBN

The Central Bank of Nigeria (CBN) has refuted report in a section of the media that it plans to redenominate the Naira with...

Just in: Reps summons Cardoso, set to investigate decision to lifts FX ban on toothpick, cement and 41 items

The House of Representatives has invited the Central Bank of Nigeria (CBN) Governor, Dr. Yemi Cardoso over the revised policy to lift the...

Foreign exchange: CBN lifts restrictions on 43 items

The Central Bank of Nigeria (CBN) has announced that Importers of all the 43 items previously restricted in 2015 are now free to...

Tinubu’s economic reforms target $1trn GDP growth by 2030 – CBN Gov. Cardoso

The Central Bank of Nigeria Governor, Mr. Yemi Cardoso, says the administration of President Bola Ahmed Tinubu, can grow the country’s Gross Domestic...

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...