Tag Archives: CBN

The Nigerian stock market witnessed a powerful rebound on Tuesday, as investors welcomed the news headlines of the suspension of the CBN Governor, Mr Godwin Emefiele, by President Bola Tinubu. President Bola Ahmed Tinubu suspended Mr Godwin Emefiele, CFR, last ...

Nigerians have started to react to the new policy of the Central Bank Of Nigeria, CBN as it has imposed fresh cash withdrawal limits on individuals and organisations. Implementation of the CBN’s new policy of Cash Withdrawals limit is set ...

The Central Bank of Nigeria, on Tuesday, raised the interest rate to 14 per cent. The new interest rate comes barely two months after the apex bank raised the interest rate to 13 per cent. This was disclosed by the ...

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“I am happy to say that foreign reserve today has inched to $28.9 billion. It is exciting to see this happen. But is there a need to float the Naira? It is important to note that we have to manage ...

Determined not to tolerate any further breach of extant financial regulations, the Central Bank of Nigeria (CBN) has barred nine banks from all foreign exchange transactions. The banks, THISDAY exclusively gathered this afternoon, were barred for failing to remit the ...

The pilot phase of the Youth Entrepreneurship Development Programme (YEDP) was flagged off yesterday and it’s aimed at empowering 1,500 youths between the age of 18 and 35 with a total of N2.5bn loan with a single digit interest rate. ...

After online news outlet Sahara Reporters broke the news of Central Bank of Nigeria’s affirmed illicit procuring of 91 individuals, there have been blended to negative responses from the citizenry. Amidst the continuous civil arguments, names of affirmed recipients of ...

Says Nigerians unmindful of the bank’s exercises. The Central Bank of Nigeria, CBN, amid the weekend discredited the fears for alarm being communicated by a few partners that the country’s economy may be entering recession. The apex bank however expressed that ...

The Central Bank of Nigeria, CBN said on Friday that 19 of the 36 states of the federation have so far profited from the salary ‘ bailout bundle. The states that applied for and got various entireties from the aid include Kwara, ...