CBN retains MPR at 13.5% to absorb exchange rate pressure, others
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained Monetary Policy Rate (MPR) at 13.5 per cent and held other policy parameters constant. CBN…
Price stability: CBN retains Monetary Policy Rate at 13.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has retained the Monetary Policy Rate (MPR) at 13.5 per cent. The CBN Governor, Mr Godwin Emefiele made…
Zenith Bank: Another chapter of innovative banking begins
By Thomas Imonikhe THE recent seamless succession in the leadership of Zenith Bank Plc which saw the emergence of Mr. Ebenezer Onyeagwu as the Group Managing Director/ Chief Executive Officer…
APC Reps back Emefiele’s reappointment, fault Kazaure
The All Progressives Congress caucus in the House of Representatives has backed the reappointment of the Central Bank Governor (CBN) Mr. Godwin Emefiele by President Muhammadu Buhari. The vociferous group…
Buhari approves Masanawa as MD of NSPMC; Orewa, Kazeem as EDs
President Muhammadu Buhari has approved the appointment of Abbas Umar Masanawa as Managing Director of the Nigeria Security Printing And Minting Company, (NSPMC). The president also approved the appointments of…
Currency swap deal: CBN bars importers of substandard goods
The Central Bank of Nigeria (CBN) says the currency swap agreement with the People’s Bank of China (PBoC), will not cover the importation of substandard goods into the country….
Internet fraud: CBN to introduce new cyber-security framework
The Central Bank of Nigeria (CBN) said it was developing a Risk Based Cyber Security Framework for banks and payment service providers to combat internet fraud in the country. The…
Emefiele visits First Bank, UBA, Zenith, inspects dollar sales
May 28, 2018 Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), on Monday paid an unannounced visit to First Bank, UBA and Zenith banks offices in Abuja to…
Senate summons Emefiele, Adeosun, Dan-Ali over $462m helicopter
April 17, 2018 The Senate on Tuesday summoned the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, for explanation on alleged withdrawal of 462 million dollars for purchase…
President Buhari’s UK treatment : Court to seek amount of money spent
April 17, 2018 Justice John Tsoho of the Federal High Court Abuja on Tuesday fixed June 5 to deliver judgment in the suit seeking information on the amount spent on…