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The Real Reason Nigeria Can’t Stop Borrowing – CBN

The Central Bank of Nigeria, CBN, has insisted that Nigeria can’t stop borrowing, mainly when it’s necessary. Godwin Emefiele, the CBN Governor, disclosed this in...

$1 Billion Arms Purchase: Again, CBN Governor, Army Chief Shun House Of Reps Panel

Ibrahim Attahiru, the chief of Army Staff, and the Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, have shunned the House of...

Missing $9.5 Million: Nigerian Senate Gives Emefiele 72 Hours To Honour Invitation

Senate Committee on Public Accounts on Monday, March 29, 2021, gave Central Bank of Nigeria Governor Godwin Emefiele, 72 hours to appear it over...

‘We Will Make Life Difficult For Those Hoarding Food’ – CBN

Godwin Emefiele, the Central Bank of Nigeria, CBN Governor, on Thursday, March 25, 2021, vowed to make life difficult for those he said are...

‘We Disburse $80 Million To Banks Weekly’ – CBN Threatens Banks Over Forex Shortage

The Central Bank of Nigeria, CBN, has assured members of the public that there was enough foreign exchange for them to meet their obligations. This...

CBN Governor To Appear Before Senate Panel Over Missing $9.5 Million

Godwin Emefiele, the Central Bank, CBN, governor, has been summoned to appear before the Senate Committee on Public Accounts headed by Senator Matthew Urhoghide...

CBN Boosts Diaspora Remittances With N5 Rebate For Every $1

The Central Bank of Nigeria, CBN, has introduced a rebate of N5 for every $1 of fund remitted to Nigeria through licensed International Money...

‘Cryptocurrency Has No Place In Our Monetary System At This Time’ – CBN

Godwin Emefiele, the governor, Central Bank of Nigeria, CBN, says the Bank’s decision to prohibit deposit money banks, non-banking institutions, and other financial institutions...

Senate Summons CBN Governor Over Cryptocurrency Ban

Following the recent ban on Cryptocurrency by the Central Bank of Nigeria, CBN, the Senate on Thursday, February 11, 2021, mandated its Committees on...

Do Not Impose Another Lockdown – CBN Advises Nigerian Gov’t

The Central Bank of Nigeria, CBN, has advised against complete lockdown of the economy as a way of curbing the second wave of the...

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