$10bn Debt: CBN Fails to Meet up with Payment Schedule   Over two weeks after the Central Bank of Nigeria (CBN) promised to clear over $10bn foreign exchange debts owed Deposit Money Bank, the apex bank has yet to do so according to findings. This came as...

Dr Cardoso Assumes Duty as Acting CBN Governor Dr. Yemi Cardoso has assumed duty as Acting Governor of the Central Bank of Nigeria. This was disclosed via a press release by the apex bank. President Bola Tinubu had nominated Dr. Olayemi Michael Cardoso to assume the...

Currency in Circulation Hits N2.7tn in H2 - Report The Central Bank of Nigeria’s report shows that currency in circulation in Nigeria jumped by N1.7tn as cash transactions increased. The report on CIC revealed that the currency in circulation hit N2.7tn as of the end of...

CBN Postpones MPC Meeting as Naira Flirts with N1000 to Dollar The Central Bank of Nigeria (CBN) has postponed its bi monthly Monetary Policy Committee (MPC) meeting earlier scheduled for Monday and Tuesday, September 25 and 26 next week. The CBN had in a statement on...

Meet CBN Deputy Governor Nominee, Muhammed Sani Abdullahi Muhammad Sani Abdullahi has over two decades of experience in development policy formulation, public finance and administration, and broad spectrum of project implementation in both private and public sectors. He is a development economist trained in prestigious...

Tinubu Appoints Yemi Cardoso as CBN Governor President Bola Ahmed Tinubu has appointed Dr. Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian...