Arewa Forum Cautions Tinubu Against ‘Yorubanisation,’ ‘Lagoslisation’ of Appointments
The Arewa Economic Forum (AEF) has drawn the attention of President Bola Ahmed Tinubu to what it termed ‘Yorubanisation’ and ‘Lagoslisation’ of his appointments. According to the socio-cultural pressure group,…
Nigeria president spokesman says FX issues due to ‘gross mismanagement’ at central bank
August 16, 2023 Nigeria is facing dollar liquidity issues in its foreign exchange market due to “gross mismanagement” at the central bank over several years, a presidential spokesman said on…
CBN to take measures to save forex market in days
Aug. 14, 2023 The Central Bank of Nigeria (CBN) will soon come up with stringent measures to stabilise multiple exchange rate in the country. The CBN Acting Governor, Mr Folashodun…
CBN to partner Bill Gates for financial inclusion
 The Central Bank of Nigeria (CBN), and the Bill and Melinda Gates Foundation (BMGF) have finalised arrangements for collaboration on financial inclusion. According to a statement from the apex bank,…
Annual budget to henceforth be accompanied by Finance Bills, as VAT implementation takes effect Feb. 1 – Minister
Zainab Ahmed, Minister of Finance, Budget and National Planning Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning says the implementation of Value Added Tax (VAT) increase…
CBN Issues Banknotes Fitness Guidelines to Commercial Banks, Others
The Central Bank of Nigeria (CBN) on Wednesday issued banknotes fitness guidelines to commercial and micro finance banks to sustain public confidence in the nation’s currency. This is contained in…
Senate confirms Banire AMCON Chairman, Shonubi CBN Deputy Governor
Muiz Banire                                                               Folashodun Shonubi The Senate on Wednesday confirmed the appointment of Mr Muiz Banire as Chairman of the Governing Board of the Assets Management Corporation of Nigeria (AMCON). It…