CBN Disburses $500m To Tackle Forex Backlog
CBN has announced the release of $500 million to address the backlog of verified foreign exchange transactions across various sectors.
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CBN, Economy And Expectations
President Tinubu is a political tactician who often defines his roadmaps and works slowly, steadily and strategically to achieve his set goals
It’ll Be Unpatriotic Not To Tell Tinubu The Truth, Ndume Replies Critics Over Comment On Relocating CBN, FAAN To Lagos
In response to the backlash against his recent comments on the proposed relocation of the headquarters of the Federal Airports Authority of Nigeria (FAAN) and certain departments within the Central Bank of Nigeria (CBN) from Abuja to Lagos, Senate Whip, Senator Ali
Naira’s Uphill Battle: Unraveling The Forces Behind Its Continuous Depreciation
In the intricate dance of global currencies, the Naira finds itself caught in a relentless downward spiral, grappling with a depreciation that shows no sign of abating.
NNPC, Others Now Remit Dollar Revenue To CBN To Boost Nigeria’s Depleting Foreign Reserves
In a move, the Central Bank of Nigeria (CBN) has announced a collaboration with the Nigeria National Petroleum Corporation Limited (NNPCL) and the Ministry of Finance to channel all dollar revenues directly to the CBN. Governor Olayemi Cardoso, speaking at the Nigerian
Tinubu Not Relocating FCT To Lagos- Nigerian Govt Debunks Misinformation
Nigerian government has refute speculations surrounding President Bola Tinubu's alleged plans to relocate the Federal Capital Territory (FCT) to Lagos.
Nigeria Anticipates Drop In Petrol Prices – CBN
CBN Governor, Olayemi Cardoso, on Wednesday, January 24, announced that the pump prices of petrol are set to experience a noteworthy decrease throughout the year.
CBN May Rase Capital Base By N900bn For International Banks Amid Economic Growth Target – Report
Central Bank of Nigeria (CBN) is contemplating mandating commercial banks with international licenses to increase their capital base, potentially surpassing N900 billion.
Emefiele Undergoes Another Trial As EFCC Files Fresh Charges
Godwin Emefiele, a former governor of the Central Bank of Nigeria (CBN), has been re-arraigned by the Economic and Financial Crimes Commission (EFCC) before Justice Hamza Muazu of the Federal Capital Territory (FCT), High Court, Maitama, Abuja.
Experts Urge Nigerian Govt To Adopt Multi-sectoral Approach In Tackling Inflation
Economic experts have called on authorities to adopt a multi-sectoral approach in tackling high inflation in Nigeria.
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