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CBN Set to Hold First MPC Meeting of 2024

CBN Set to Hold First MPC Meeting of 2024 The Central Bank of Nigeria (CBN) has held a two-day strategic session for members of the Monetary Policy Committee (MPC), preparatory to their first meeting under the tenure of Mr. Olayemi Cardoso as Governor. The meeting is...

 CBN Won’t be Allowed to Print Money – Budget Minister

 CBN Won't be Allowed to Print Money - Budget Minister Amidst revenue pressures facing the 2024 national budget, the Federal Government has indicated that it would no longer allow Central Bank of Nigeria, CBN, to print money by Ways and Means to fund the budget...

FG Adds Forgery, 13 Other Offences to Emefiele’s Charges

FG Adds Forgery, 13 Other Offences to Emefiele's Charges Fresh troubles appear to be in the offing for former Governor of the Central Bank of Nigeria CBN, Godwin Ifeanyi Emefiele as the Federal Government again amended the charges against him on offences allegedly committed while...

CBN Pays $2bn, Vows to Clear Foreign Exchange Liabilities Backlog

CBN Pays $2bn, Vows to Clear Foreign Exchange Liabilities Backlog   The Central Bank of Nigeria (CBN), in its bid to clear the backlog of outstanding foreign exchange liabilities, has paid approximately USD 2.0 billion across various sectors, including manufacturing, aviation and petroleum. The Bank has also...

CBN: Anchoring Tinubu’s Anti-corruption Mission with Aggression, by Abdulrahman Abdulraheem

CBN: Anchoring Tinubu's Anti-corruption Mission with Aggression, by Abdulrahman Abdulraheem   Any further analysis of the extensive damage corruption and abuse of office have done to the health and vitality of Nigeria is a gross waste of time, energy and space. What is more important at...

Currency Outside Banks Rose To N3.08trn In Nov 2023 – CBN

Currency Outside Banks Rose To N3.08trn In Nov 2023 – CBN   Latest figures from the Central Bank of Nigeria (CBN), on Tuesday, revealed that cash outside banks experienced a 27.80 per cent increase, reaching N3.08 trillion in November 2023 from N2.41 trillion in recorded in...