IMF By Emma Ujah, Abuja Bureau Chief MONEY MARKET The International Monetary Fund (IMF) has expressed support for the directive of the Central Bank of Nigeria (CBN) that banks should
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The Central Bank of Nigeria (CBN) has devalued the Naira by N6 to Dollar. This brings the Naira closer to the exchange rate unification policy recommended by the International Monetary
CBN By Emma Ujah Those using parallel market rate to put pressure on the Central Bank of Nigeria (CBN) to devalue the Naira won’t have their way. The CBN Governor,
The Central Bank of Nigeria (CBN) said it is providing and will continue to provide interventions for agriculture and industrial revival of Nigeria as the two sectors amongst others remained
The Central Bank of Nigeria (CBN) has alerted Nigerians on fraudulent loan offers and investment schemes. It cited information and videos circulating on social media. The messages had asked loan
President Muhammadu Buhari on Thursday, ordered the Central Bank of Nigeria ”not to issue a kobo” of the country’s reserves for the importation of food items and fertilizer. This is
The stakeholders at the briefing. By Esther Onyegbula Feed Industry Practitioners Association of Nigeria, FIPAN, has called on President Muhammadu Buhari to save the poultry and animal feed industry from
The Central Bank of Nigeria (CBN) says the Governor, Godwin Emefiele and the management will not be deterred in their efforts to steer the Nigerian economy away from the looming
The Central Bank of Nigeria (CBN) says it has put in place measures to ensure its operations continue despite coronavirus outbreak. This was contained in a statement on Wednesday by
The Central Bank of Nigeria (CBN) has assured Nigerians that it will continue to monitor all developments on the COVID – 19 infections and design appropriate Monetary response to protect
The Central Bank of Nigeria has extended the moratorium on all its intervention funds. The new measure will cover interest rates reduction, creation of a N50 billion targeted credit facility
Reno Omokri, former aide to ex-President Goodluck Jonathan, has launched a fresh attack on dethroned Emir of Kano, Muhammadu Sanusi. Omokri, who described Sanusi as a liar, said no billions
Good morning! Here is today’s summary from Nigerian Newspapers: 1. Borno State governor, Professor Babagana Umara Zulum, has said that Boko Haram has caused the emergence of 59, 311 orphans
President Muhammadu Buhari has sent the name of Dr Kingsley Isitua Obiora to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria, CBN. Buhari’s nomination of
The Central Bank of Nigeria (CBN) has released the Nigerian Payment Systems Risk and Information Security Management Framework to guide the management of risks associated with payment systems in the
Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN) says there is no cause for alarm in the imaginary drop in Nigeria’s Foreign Reserves. Emefiele said this while
The senate on Wednesday issued 7-day ultimatum to the Central Bank of Nigeria, the Federal Inland Revenue Service, and others defaulting to submit their statements of income and expenditure accounts
Socio-Economic Rights and Accountability Project (SERAP) has sued President Muhammadu Buhari, Senate President, Ahmed Lawan, and Speaker of the House of Representatives, Femi Gbajabiamila over the failure to account for
The Senate Committee on Finance has rejected the representative sent by the Governor of the Central Bank of Nigeria, Godwin Emefiele. The committee sent another invitation to him, insisting that
Nigerians have cried out over the negative effect of the Federal Government’s cashless policy, lamenting that the same policy was destroying the problem it tries to address. Recall that the
