CBN Plans to Retire 1,000 Staff by December 2024
|By Adejumo Adekunle – N50 Billion Set Aside for Workforce Restructuring Early Exit Package Applications Close December 7 CBN Yet to Confirm Mass Retirement Plans The Central Bank of Nigeria…
“Strengthening Nigeria’s Economy: IFC Partners with CBN to Enhance Local Currency Financing”
Babatunji Wusu – The International Finance Corporation (IFC) has entered into a partnership with the Central Bank of Nigeria (CBN) aimed at increasing local currency financing to support the growth…
“Breaking News: CBN Raises Interest Rate to 27.25% Amid Economic Concerns”
babatunji Wusu – – MPR increased from 26.75% to 27.25%. – Cash reserve ratio raised from 45% to 50%. – Unanimous decision aimed at curbing inflation and stabilizing the economy.…
JUST IN: FIDELITY, POLARIS, WEMA, AND UNITY BANKS’ LICENSES ARE NOT REVOKED BY THE CBN.
Rumors that the Central Bank of Nigeria (CBN) intends to withdraw the licenses of Fidelity Bank, Polaris Bank, Wema Bank, and Unity Bank have been formally refuted. The public…
BREAKING: EMEFIELE GETS ₦300 MILLION BAIL IN NEW TRIAL FROM THE FCT HIGH COURT
A Federal Capital Territory (FCT) High Court located in Maitama has granted ₦300 million in bail to Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN).…
CBN APPOINTS 11 AGENTS FOR OIL AND GAS EXPORTS.
Babatunji Wusu – The Central Bank of Nigeria (CBN) has authorized 11 pre-shipment monitoring and evaluation agents for Nigeria’s oil and gas exports. According to Naija News, Dr Hassan Mahmud,…
MINIMUM WAGE: WE ARE ESTABLISHING A NEW WAGE SYSTEM BASED ON WORKER PRODUCTIVITY—FG.
The federal government says it is now designing a new public service salary system based on employee productivity, which could result in personnel at the same level earning different…
WHY TINUBU SUSPENDED CYBERSECURITY LEVY IMPLEMENTATION—PRESIDENCY SOURCE REVEALS
Babatunji Wusu – President Bola Ahmed Tinubu has ordered the suspension of the cybersecurity levy implementation stipulated in the Cybersecurity Act 2015, which was unveiled by the Central Bank of…
TINUBU BLACKMAILED BY UNSEEN FORCES TO APPROVE CYBERSECURITY LEVY, DIKWA
Khalifa Dikwa, an elder statesman and Dean of the Borno Elders Forum, claims that President Bola Tinubu was intimidated into supporting the Central Bank of Nigeria’s (CBN) cybersecurity levy…
THE COST OF ELECTRONIC TRANSACTIONS AFTER THE CYBERSECURITY LEVY RANGES BETWEEN ₦1,000 TO ₦10 MILLION.
Babatunji Wusu – The Central Bank of Nigeria’s (CBN) cybersecurity levy has sparked discussion over its impact on Nigerians. The apex bank declared in an official publication on Monday, May…
