Tinubu suspends CBN Gov. Emefiele, directs immediate handover to Deputy Gov. Operations
June 9, 2023 President Bola Tinubu has suspended the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Willie Bassey, director of information, SGF office, in a statement issued…
Centre condemns threat to picket CBN, defends Emefiele
The Centre for Integrity and Good Governance (CIGG) has condemned the threat by a coalition of civil society groups to embark on a rally against Central Bank of Nigeria…
Dangote Refinery: First product will be in the market end of July – Aliko Dangote
May 22, 2023 …Accomplishment will enable Nigeria eliminate the tragedy of import dependency The President of Dangote Industries Limited, Aliko Dangote says the first product of the Dangote Petroleum Refinery…
Group lambasts Matawalle over comments on Emefiele study leave
Ideas Nigeria Movement (INM), a leadership-focus group has lambasted Governor Bello Matawalle of Zamfara for asking President Muhammadu Buhari to cancel the study leave purportedly granted to the Governor of…
Senate urges CBN to release $717.4m trapped airlines fund
May 17, 2023 The Senate, on Wednesday, urged the Central Bank of Nigeria (CBN) to release 717, 478, 606 dollars airlines funds trapped in the country. The upper chamber also…
Economy, Inflation Management And Naira Redesign; By Arize Nwobu
Economy is the life blood of a people. The state of the economy determine the level of happiness or sadness of majority of citizens, and can also influence the degree…
Analysis: Economic Challenges and Dynamic Policies of CBN, By Arize Nwobu
The challenges of the Nigerian economy seems to be intractable due to the following factors, namely, over reliance on oil which discouraged effective diversification, committal of the ‘original sin’, which…
Cash crunch: The CBN has no reason not to comply with court orders on the excuse of waiting for directives from the President – Presidency
March 13, 2023 The Presidency says the Central Bank of Nigeria, CBN, has no reason not to comply with court orders on the excuse of waiting for directives from the…
Elections: It’s fake news, CBN didn’t give money to LP governorship candidate in Lagos
March 13, 2023 The Central Bank of Nigeria (CBN) said it did not give a “kobo” to Mr Gbadebo Rhodes-Vivour, Governorship Candidate of the Labour Party in Lagos State, ahead…
How KongaPay saved my life amid Naira scarcity – Trader
A petty trader, Mrs. Bolade Inuwa, has narrated how she was spared huge embarrassments and inconveniencies in the wake of the recent policy pronouncement on the redesign of select denominations…