CIBN Honours CBN's ICT Boss, Rakiya Mohammed, with Senior Membership   The Chartered Institute of Bankers of Nigeria (CIBN) has announced the investiture of the Director, Information Communication Technology ((ICT) Department in the Central Bank of Nigeria (CBN), Hajia Rakiya Shuaibu Mohammed, as a honorary senior...

Power: FG, CBN Partner to Fund Four million Meters The Federal Government in partnership with the Central Bank of Nigeria, says it would fund the production of four million prepaid meters locally. This was revealed in a power sector document, ‘2022 Market Competition Report’ by the...

CBN's Policy on 43 Items Will Collapse Many Industries, MAN tells FG .....it will lead to unemployment, insecurity, others The federal government has been advised to urgently reverse its decision to remove ban on 43 items on foreign exchange restriction by the Central Bank of Nigeria,...

A Memo to AGF on CBN Act and Descent into Lawlessness Dear HM & AGF, I am constrained to write you through this channel for two reasons. First, I do not have direct or personal contact with you. Secondly, the issues I am about to raise...

'Naira Under Pressure, Nigeria May Seek Dollar Loan'   The International Monetary Fund (IMF) has said the naira is currently under pressure and Nigeria is free to seek loan from the Fund to stabilise the currency if it considers a good option. The Washington-based lender however noted...

Dollar Supply Jumps After CBN Lifts Ban on Forex Sale   Dollar supply at the foreign exchange (forex) market reportedly soared after the Central Bank of Nigeria (CBN) scrapped restrictions on buying foreign currency required to import 43 items, in a bid to stem the local...