Nigeria spent about 70% of its dollar payments to service external debts between January and March 2024. According to data from the Central Bank of Nigeria...
The Abuja Electricity Distribution PLC has threatened to disconnect the electricity supply of 86 Ministries, Departments and Agencies (MDAs) over a total debt of N47.1bn. Some...
A Federal High Court in Abuja has given former Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, until Jan. 25 to appear in court to...
The Senate on Wednesday passed for second reading a bill seeking to amend the Central Bank of Nigeria (CBN) Act to ban the serving governor of...
Who is Olayemi Cardoso? Dr. Olayemi Michael Cardoso was, on September 15, 2023, appointed by President Bola Ahmed Tinubu as the governor of the Central Bank...
A federal high court in Lagos has granted bail to Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), in the sum of N20...
Folashodun Adebisi Shonubi has been appointed as the acting Governor of the Central Bank of Nigeria, CBN. His appointment comes after President Bola Tinubu suspended Godwin...
The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, has increased the Monetary Policy Rate, MPR, to 18 per cent from 17.5 per...
The Central Bank of Nigeria has raised the Monetary Policy Rate (MPR), which measures interest rate, to 15.5 percent from 14 percent to tame rising inflation....
The House of Representatives has passed a Bill after second reading to stop the Governor of the Central Bank of Nigeria (CBN) from participating in future...
The Central Bank of Nigeria has vowed to arrest and prosecute Nigerians using Naira to buy dollars. “For those taking money from banks to buy dollars,...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to raise the Monetary Policy Rate (MPR) to 13 per cent....
