Reps Summon Emefiele, Ex-Mint Bosses Over Eight-year Unaudited Accounts   The House of Representatives Committee on Public Accounts has summoned the Governor of the Central Bank of Nigeria, Godwin Emefiele, and former managing directors of Nigerian Security Printing and Minting Plc for allegedly failing to audit...

CBN Considers Lower Rate As Trade, Economy Decline   The Central Bank of Nigeria (CBN) is considering interest rate cut to stimulate growth and protect the economy, its Governor, Godwin Emefiele, has said. Speaking at the Going for Growth Session held at the weekend in Abuja, the...

Oil: Falling Price Shocking, Budget Strained, Says FG   The Ministry of Finance, Budget and National Planning, Zainab Ahmed, has said the coronavirus which had led to a huge drop in crude oil prices will put a severe strain on the Federal Government’s budget. Ahmed said this...

CBN Shifts 2020 Monetary Policy Committee Meeting   Central bank of Nigeria (CBN) has rescheduled its first monetary policy committee meeting of 2020 to Jan. 23 and 24, postponing it by three days. It announced this in a tweet on Monday. The meeting was originally scheduled for...

Banks Recovering Debts From Other Lenders, Emefiele Says   Credit conditions in the banks have improved and banks are now able to recover customers’ debts from other lenders. The Governor, Central Bank of Nigeria, Godwin Emefiele said this while giving some of the measures introduced in the...

Fintech Companies Got $400m Investment In 2019 – Emefiele   About $400m has been invested in fintech firms in the country in 2019, according to the Central Bank of Nigeria. The Central Bank Governor, Emefiele, who disclosed this said this development was part of initiatives to drive...