Customers Scam Banks With Fake Visas, Tickets For Forex             The Central Bank of Nigeria has vowed to engage financial crime fighting agencies to pursue fraudsters who have been deceiving the banks with fake documents to buy forex at cheap rates and sell at higher rates...

CBN Set To Establish Nigerian International Financial Centre             Nigeria is to establish the Nigerian International Financial Centre (NIFC) modelled after New York, London and Singapore financial powerhouses, as a round-the-clock financial centre. This financial house, to be established and driven by the Central Bank of Nigeria...

CBN Projects 3% GDP Growth           The Central Bank Governor, Godwin Emefiele, has said that the country’s Gross Domestic Product can rise to three per cent by the end of 2021. He spoke during the 14th annual Chartered Institute of Bankers of Nigeria’s banking and finance conference...

CBN Fixes Oct For launch Of N15trn Infrastructure Fund           The Central Bank of Nigeria announced that InfraCorp Plc, the N15trn Infrastructure Fund which will boost funding for capital projects, will be launched in October. The CBN Governor, Godwin Emefiele, disclosed this on Tuesday in Abuja at...

Emiefele's Policy of Worsening the Nigerian Economy, by Mohammed Salihu Danlami             Emiefele is a double-edged sword, one with the government, and the other with a presidential ambition. With a history of events and recent policies that have plunged the country into further economic collapse that...

CBN Appoints Eight New Directors     The Central Bank of Nigeria (CBN) on Wednesday announced the appointment of new directors as the heads of its various departments. In a circular, the apex bank announced Mr Osita Nwanisobi as its Director, Corporate Communications Department, with effect from August...