Tag: Central Bank of Nigeria (CBN)

The Federal Government says it lost billions of Naira from 2015 till date due to unpaid revenue from lottery operators in Nigeria. George Akume, Minister of Special Duties and Intergovernmental…

By Lukman Amusa President   Muhammadu Buhari has  ordered the Central Bank of Nigeria the  timely released of  N2.3 trillion Economic Sustainability Package to “cushion the effect of covid-19 on the…

BARELY 24 hours after the Central Bank of Nigeria (CBN) resumed dollar sales to Bureau de Change (BDC) operators, the naira on Tuesday lost N6. It slumped from N435 recorded…

A financial expert, Dr Samuel Nzekwe, has urged the Central Bank of Nigeria (CBN) to intensify efforts in reducing interest rate charged on loans, by deposit banks, to a single…

TO protect the naira, the Central Bank of Nigeria (CBN) must fund Bureau De Change (BDC) segment of the foreign exchange . Former CBN Governor and one-time Emir of Kano…

By Olamilekan Alani The Central Bank of Nigeria (CBN) has approached the Senate to grant it powers to freeze accounts linked to criminals. The CBN made the appeal on Wednesday…

SOME of Nigeria’s strategic partners in the anti-corruption battle have taken more than a passing interest in the ongoing probe into activities of the Economic and Financial Crimes Commission (EFCC)…

Members of the Maize Association of Nigeria, MAAN, Niger State chapter in Chanchaga Local Government of the state have kicked against the conditions attached to the Central Bank of Nigeria…

Nigeria’s apex bank, Central Bank of Nigeria (CBN), has increased the Cash Reserves Ratio(CRR), of banks from 22.5 per cent to 27.5 per cent. The alteration was done by the…

By: Victor Awoleye The Central Bank of Nigeria (CBN) has decried the amount spent in importing food into the country. CBN Deputy Governor of Economic Policy, Mr Okwu Nnana, said…