Tag: CBN
Business, Headlines, Top Stories
CBN did not consult me on plan to redesign naira – Finance Minister
Mrs Usman said she was not consulted before CBN announced the decision to introduce the new naira notes.
Why CBN is redesigning Naira notes – Emefiele
Emefiele said this while announcing plans by the apex bank to put redesigned N200, N500 and N1,000 denominations in circulation…
House of Reps asks CBN to suspend sale of Polaris Bank
he House urged the committee to take action necessary to ensure that the public funds committed to Polaris Bank were…
CBN leading economic diversification – Emefiele
The Central Bank of Nigeria (CBN) says it is leading the drive towards diversifying the nation’s economy away from oil…
JUST IN: CBN jacks up interest rate again to 14 percent
This is the second time the apex bank is hiking the interest rate in two months. In May the CBN…
INEC will no longer keep sensitive election materials with CBN: Yakubu
The Independent National Electoral Commission (INEC) has confirmed that sensitive electoral materials will in the meantime no longer be routed…
Business, Headlines, Top Stories
CBN jacks up interest rate to 13 percent
The interest rate had been at 11.5 percent initially before the hike by the apex bank on Tuesday.
N2.5bn debt: CBN challenges order to pay 110 disengaged ABU staff
Joined in the suit as respondents are the 110 disengaged staff, ABU, Zaria, the Minister, Federal Ministry of Education and…
CBN disburses N42bn for wheat cultivation in 15 states
In Nigeria wheat remains one of the commodities with the highest demand and despite its high demand, Nigeria produces less…
Why Naira stabilised at exporters window – Emefiele
Emefiele said that editors and finance correspondents were expected to play a critical role in public sensitisation towards the success…
Senate confirms 7 members of CBN’s Monetary Policy Committee
The confirmation of the nominees followed the consideration of a report by the Committee on Banking, Insurance and Other Financial…
Nigeria’s forex inflow increases
Nigeria earned a total of $30.2 billion in the quarter, a rise attributed to increased non-oil receipts and proceeds from…
CBN loans 6 tertiary students N30m in new empowerment scheme
CBN Governor, Mr Godwin Emefiele, said that the scheme was designed to create a paradigm shift among students and graduates of…
Buhari: eNAIRA safe, will boost economy by $29bn in 10 years
The eNaira – like the physical Naira – is a legal tender in Nigeria and a liability of the Central…
How CBN, banks’ delay in releasing fund hampered Social Housing, others implementation – Osinbajo
Vice President, Prof. Yemi Osinbajo has given a detailed report of the Economic Sustainability Plan highlighting successful outcomes and problems…