The Governor of the Central Bank of Nigeria, Godwin Emefiele, has debunked allegations of a fresh plot against the president-elect, Bola Tinubu. There have been rumours that a N500 million budget was mobilised through top CBN agents in Lagos State. The money was
The Central Bank of Nigeria (CBN) has ordered commercial banks to collect old N500 and N1,000 notes from customer
Nigeria’s forex exchange reserve will fall in 2022 as the Central Bank of Nigeria plans to clear about $1.7bn in FX backlog to foreigners and FX forward contracts, the World Bank has said. The global bank stated that the nation’s reserves rose to
CBN, Makurdi There was a fire incident at the Makurdi branch of the Central Bank of Nigeria in Benue State. A portion of the bank went in flames in the early hours of Thursday. Eyewitnesses said that they noticed the fire at the
Over 620,000 direct and indirect jobs were created in two years as a result of the Central Bank of Nigeria’s (CBN’s) intervention in Cotton, Textile and Garment (CTG) sector. CBN Governor Godwin Emefiele made this disclosure in Abuja on Tuesday at a stakeholders’
First Bank of Nigeria Limited on Friday said its Chief Executive Officer, Dr. Adesola Adeduntan, who was earlier removed has resumed back to his office in the same capacity. The bank also said it is cooperating with the Central Bank of Nigeria on
The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data services. The apex bank said from Tuesday customers will pay a flat fee of N6.98 per transaction every time they use USSD services. The charges
The Central Bank of Nigeria has said its new ‘Naira for Dollar Scheme” which takes effect today, would provide Nigerians in the Diaspora with cheaper and more convenient ways of sending remittances to Nigeria. The policy, which gives N5 rebate for every $1
The Central Bank of Nigeria (CBN) says N600 billion out of the N1 trillion COVID-19 intervention fund for manufacturers is still awaiting disbursement. CBN Governor, Godwin Emefiele, who disclosed it at the weekend, said N400 billion has already been disbursed to beneficiaries. Emefiele,
A German Development Agency, Deutsche Gesellschaft für Internationale Zusammenarbeit (German for German Agency for International
Nigeria’s heartless President,Bola Ahmed Tinubu finally released all the 114 #EndBadGovernance protesters (minors and adults)
United States based Scientist and Business Woman, Princess Angela Obasi has joined other well meaning
A former member of the House of Representatives Farouk Lawan has regained freedom after serving