News ‘Lagos boys’ misleading Tinubu to relocate CBN departments, FAAN, says… Alagbe Shenayon Jan 24, 2024 The Senator representing Borno South Senatorial, Ali Ndume, has criticized the proposed relocation of specific departments within…
Business CBN fixes date for first MPC meeting under Cardoso Oluwadamilare Emmanuel Jan 20, 2024 The Central Bank of Nigeria (CBN) says its Monetary Policy Committee (MPC) will hold its first meeting under the tenure of Mr.…
News Foreign airlines repatriate N795bn in six months – CBN Alagbe Shenayon Jan 19, 2024 Data from the Central Bank of Nigeria (CBN) indicates that foreign airlines withdrew N795.48 billion from Nigeria within a span of…
Editorial THE HAMMER ON BANKS: SOFTLY, SOFTLY, CBN, FG! Editor Jan 15, 2024 The equivalent of a tremor hit three banks mid last week, causing the otherwise sedate industry boardrooms to quake for effect.…
Business CBN appoints new management teams for Union, Polaris and Keystone Banks Oluwadamilare Emmanuel Jan 11, 2024 The Central Bank of Nigeria (CBN) has appointed new management teams for three Nigerian banks whose boards and managements were…
Business EXCLUSIVE: ‘Utmost discretion should be exercised,’ Economist… Oluwadamilare Emmanuel Jan 11, 2024 The Chief Executive Officer, Centre for Promotion of Private Enterprise (CPPE), Dr Muda Yusuf has said the Yemi Cardoso-led…
News CBN sacks Boards of Union, Keystone, Polaris Bank, appoint new executives Toyibat Ajose Jan 11, 2024 The boards of Union Bank, Polaris Bank, and Keystone Bank have all been fired by the Central Bank of Nigeria (CBN).
News CBN repays banks $2bn debt, Airlines get $62m Toyibat Ajose Jan 8, 2024 The Central Bank of Nigeria has paid $2 billion to discharge some of its maturing foreign exchange obligations to Deposit Money…
Business CBN approves Naira stablecoin, announces launch date Oluwadamilare Emmanuel Jan 5, 2024 The Central Bank of Nigeria (CBN) has approved the launch of the Nigerian naira (cNGN) stablecoin. The cNGN, which…
Business Non-oil revenue soars by 67% to N4tn- CBN Toyibat Ajose Dec 30, 2023 The Federal Government has grown its non oil revenue by 67 per cent to approximately N4tn quarter-on-quarter, according to the…