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Tag: CBN

Chartered Institute of Bankers of Nigeria (CIBN) says efforts of CBN to ensure that attain its true value are already yielding dividend.

Business

CIBN declares support for efforts by Tinubu, CBN to save the naira

CIBN also commended President Bola Tinubu for the ongoing efforts to unify the Naira exchange rate to save the country…
CBN to adopt proactive measures to halt Naira's free fall within days

Business, Top Stories

CBN to adopt proactive measures to halt Naira’s free fall within days

Acting CBN Governor, Folashodun Shonubi, said in Abuja that President Bola Tinubu is very concerned about some of the goings…
Tinubu assents to Electricity Act (Amendment) Bill

News

President Tinubu appoints special investigator to probe CBN amid Emefiele’s trial

“You are to investigate the CBN and related entities using a suitably experienced, competent and capable team and work with…
Experts laud CBN over planned recapitalisation of banks

Business

CBN relaxes restriction on domiciliary accounts

AbdulMumin said that this is in order to improve FX supply, discourage speculation, enhance customer confidence and ensure overall stability…
Emefiele: Ex-CBN director confirms receiving $2.5m as gift from $6.2m election money

Opinion

O Godwin Emefiele, How Art Thou Fallen!

O Godwin, where are your backers, protectors and soldiers today? You enjoyed the ride and thought it would last forever.…
Emefiele

Headlines, News

Nigerians jubilate over Tinubu’s suspension of CBN Governor Emefiele

The president ordered Emefiele's suspension on Friday evening sequel to the ongoing investigation of his office and the planned reforms…
Emefiele

Business, Top Stories

JUST IN: CBN hikes interest rate to 18.5%

He said the CBN's Monetary Policy Committee (MPC) raised the Monetary Policy Rate (MPR) by 50 basis points from 18.0% to…
Rally

News

Naira scarcity: NLC, TUC suspend proposed actions against CBN

The NLC had last Wednesday issued a seven-day ultimatum to the Central Bank of Nigeria, CBN to find solutions to…
Banks comply with CBN’s directive to work weekendsome of the defaulting banks

News

Banks comply with CBN’s directive to work weekends

Banks in satellite towns of the Federal Capital Territory (FCT), on Saturday, opened for business as directed by the Central…
NLC urges FG to find solution to the cash crunch in the country, says it is shameful, and capable of undermining the confidence in banking,

Headlines, Metro

 NLC set to picket CBN offices nationwide over Naira scarcity

He said that as at Wednesday morning, when the CWC met again to review the situation, it discovered that not…
Experts laud CBN over planned recapitalisation of banks

Business

Nigeria’s economy maintains nine-quarter consecutive growth – CBN

According to Emefiele, the improved performance of the economy has been driven largely by sustained growth in the services and…
NLC urges FG to find solution to the cash crunch in the country, says it is shameful, and capable of undermining the confidence in banking,

Headlines, News

JUST IN: NLC issues 7-day ultimatum to FG, CBN to end Naira scarcity

He said on the issue of cash crunch, the NLC is giving the federal government, the agencies of government including…
Ex- President Muhammadu Buhari insists naira redesign policy of former Governor of CBN Godwin Emefiele ensured 2023 elections were "cleaner"

Business, News, Top Stories

Breaking: CBN has no reason not to comply with Supreme Court’s judgement – Buhari

Presidential spokesman, Garba Shehu, in a statement on Monday said the CBN has no reason not to comply with the…
Emefiele

Metro, Top Stories

Anger as Emefiele reacts to negative story about him but keeps mum on Supreme Court judgement

Emefiele has refused to obey the apex court's judgement 10 days after it came, as he has refused to direct…
Abdulmumin

Business, News

CBN appoints Abdulmumin new spokesman

Abdulmumin, who is a deputy director has been in the Corporate Communications Department of the CBN since he joined the…
Supreme Court

News, Top Stories

Old Naira notes remain legal tender, spend it – Supreme Court tells Nigerians

The apex court had on February 8, 2023 granted an interim injunction to allow the old naira notes to be…
DSS finally drags Godwin Emefiele to court

Metro, Top Stories

Breaking: Supreme Court fixes March 3 to deliver judgement on CBN’s Naira redesign policy

The Naira redesign policy has been causing untold hardship on Nigerians, leading to series of protests and burning of banks…
Supreme Court

News, Top Stories

Naira crisis: All eyes on Supreme Court today as governors battle FG, CBN

The CBN's Naira redesign policy has impoverished the masses. Many are hungry as the new naira notes are nowhere to…
Aisha Buhari

News, Top Stories

How fake news statement on old naira notes appeared on my social media pages – Aisha Buhari

She said her Instagram account was hacked and that the hacker posted the fake statement which also appeared on her…

Business, News, Top Stories

Aisha Buhari is a liar, we didn’t extend use of old naira notes by 70 days – CBN

Aisha had shared a statement purportedly emanating from the CBN on all her verified social media platforms that the apex…
Gov. Abdullahi Ganduje reiterates plea for forgiveness from those he might have offended while governing Kano state in the past eight years.

News

Ganduje: Kano people suffering from ‘COVID-23’

Gov. Abdullahi Ganduje has said the effect of the currency redesign policy of the Central Bank of Nigeria, CBN and…
DSS finally drags Godwin Emefiele to court

News

CSOs challenges FG, CBN on hoarders of Naira notes

The CSOs said this in reaction to claim by the Federal Government that some people were keeping billions of old…
DSS finally drags Godwin Emefiele to court

2023 Elections, Opinion, Top Stories

Foolish CBN! Vote-buying made Easy

What the CBN didn't realise is that politicians have enough of this new notes at their disposal. Vote-buying will now…
Former Education Minister, Oby Ezekwesili advises government on how to respond to protests by some Nigerian youths starting from 1 August

Business, Top Stories

Naira crisis: CBN compromised, Buhari runs it from Aso Rock Villa – Ezekwesili

She faulted the apex bank on the naira redesign policy, which has impoverished Nigerians, causing untold hardship in the country.
Abdullahi Adamu

2023 Elections, Politics, Top Stories

CBN, AGF must respect Supreme Court’s order on old Naira notes now – APC, governors

The Supreme Court had in a ruling on 8 February granted an interim injunction that the CBN and the federal…
CBN

Business, Top Stories

Confusion: Banks dare CBN, to collect old N500, N1000 notes

There had been report earlier on Friday that the Central Bank of Nigeria (CBN) directed commercial banks in the country…
Ex- Kano lawmaker Yusuf Sulaiman says emergence of Abdullahi Ganduje as National Chairman of APC has sent jitters to the camp of the PDP.

Business, Metro

Cashless Policy: CBN bias, no allocation given to Kano in four days – KNSG

He said the prejudiced approach by the CBN Governor, Godwin Emefiele, to the implementation of the cashless policy, no matter…
DSS finally drags Godwin Emefiele to court

News, Top Stories

CBN denies asking banks to accept old N500, N1000 notes

The Central Bank of Nigeria (CBN) has urged Nigerians to disregard messages quoting the apex bank as having authorized the…
CBN

Business, Top Stories

Breaking: CBN orders banks to collect old N500, N1,000 notes

The CBN had ordered banks to stop the collection of old notes from Nigerians since February 13, 2023, an action…
Buhari orders security forces to bring perpetrators of killings in Benue to book

Opinion, Top Stories

What manner of President is this violating Supreme Court’s order with impunity?

The president's nationwide broadcast is a slap on the judiciary, a slap on the power of the apex court as…
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