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   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   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   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...

Credit to FG Declines 45% to N5.16 trn  Credit to the government fell for the second consecutive months by 45 percent to N5.16 trillion in November 2023 from N9.39 trillion in October in 2024. Data obtained from the Central Bank of Nigeria, CBN, Money and Credit...

Airlines’ Trapped Funds: Pressure Mounts Despite CBN's $61m There’s a mounting pressure on the federal government to make significant releases to clear the foreign airlines’ trapped funds amidst their threat to exit Nigeria. This is despite the release of $61.4m by the Central Bank of Nigeria...