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Tag: CBN
Lawmakers Grill CBN Governor, Cardoso Over Free Fall of Naira (Video)
The Central Bank of Nigeria Governor, CBN, Yemi Cardoso has blamed the free fall of naira on the growing number of Nigerians studying abroad. He said this when he faced…
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Experts Identify How The Naira Can Be Resuscitated
Worried by the parlous state of the economy, especially the unprecedented fall in the value of the nation’s legal tender in recent times, a cross section of experts have suggested…
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Emefiele dismisses CBN investigator’s report as false, misleading
The embattled immediate past Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has opened up to dismiss the report of Jim Obaze, the CBN investigator appointed by President…
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In-depth Investigation Reveals Alleged N22.7 Trillion ‘Ways and Means’ Scandal Involving Former CBN Governor Emefiele
An explosive report has surfaced, casting a damning shadow over the tenure of former Central Bank of Nigeria (CBN) governor, Godwin Emefiele. The special investigator appointed for the probe, Jim…
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CBN to freeze Bank accounts without BVN and NIN starting April 2024
According to the Central Bank of Nigeria (CBN), accounts without a National Identity Number (NIN) or Bank Verification Number (BVN) will be frozen starting in April 2024. The apex…
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Breaking: CBN says old naira notes are still legal tender
The old naira banknotes will continue to be accepted as legal cash, according to the Central Bank of Nigeria (CBN). The N200, N500, and N1,000 denominations were redesigned by the…
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Manufacturers Owe Banks N6.98 Trillion, Says CBN Report
From N5.56 trillion in January 2023 to N6.98 trillion in June 2023, the manufacturing sector's debt to Nigerian banks increased. The Sectoral Analysis of Deposit Money Banks' Credit from the…
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FG Speaks On Eligibility, CBN To Begin Disbursement
The Federal Government has identified those who will not be eligible for the cash transfer while preparing to start cash transfers across the nation to reduce poverty throughout Nigeria. Instead…
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Tinubu breaks silence, reveals main reason Emefiele was fired
President Bola Tinubu has finally spoken about the suspension and subsequent arrest of the former governor of the Central Bank of Nigeria, Godwin Emefiele. Tinubu had on June 9, suspended…
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CBN loans to FG hit N20.6trn-IMF and World Bank raised alarm
The Federal Government has shown no signs of putting the brakes on its recourse to the Central Bank of Nigeria (CBN) as its borrowing from the apex bank more than…
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