FG Has No N50bn Plea Bargain Deal With Emefiele – Fagbemi   Minister of Justice, Lateef Fagbemi, has distanced the Federal Government from the N50 billion planned non prosecution plea bargain with the embattled former Central Bank of Nigeria (CBN) governor, Godwin Emefiele. Emefiele was reported to...

My Special Investigator will soon Unveil Malfeasance of Emefiele's CBN - Tinubu  Dear Compatriots, It is my unique honour to address you on this day, the 63rd anniversary of our nation’s independence, both as the President of our dear country and, simply, as a fellow Nigerian. 2....

CBN Will Spend $3bn Loan to Stabilise Economy – NEC The National Economic Council on Thursday affirmed that the $3bn emergency loan-for-crude oil the Federal Government secured in August would be deployed to stabilise the naira, whose value has continued to fluctuate in the Investors...

Currency Outside Banks Hit N2.29trn in H2 - Report Currency Outside Banks, CoB, rose Month-on-Month (MoM) by N90 billion or 4.09 percent to N2.29 trillion in August from N2.2 trillion in July 2023. Currency Outside Banks, CoB has been on the increase since March reflecting the...

Credit to Private Sector, Govt Rise by 42.68% to N87.27trn   The Central Bank of Nigeria (CBN) has disclosed that banks’ credit to the economy rose by 42.68 per cent Year-on-Year (YoY) to N87.27 trillion in August 2023 from N61.17 trillion reported in the corresponding period...

Forex Inflow Hits $10.7bn In Two Months - CBN Nigeria recorded $10.7bn aggregate foreign exchange inflow into the economy in April and May, figures obtained from the Central Bank of Nigeria (CBN) have revealed. The CBN disclosed this in its May economic report on foreign exchange...