…CBN should strategise alternatives to reduce inflation — DG NACCIMA …Interest rate hike will hurt productive sector, Nigeria’s economy — Gbolade …Hike in MPR from 16.6% to 17.5% will hurt investors in the real economy — CPPE By Seun Ibiyemi,…
CBN Governor, Mr Godwin Emefiele, says the total revenue collected as stamp duty in six years between 2016 and 2022 is N370,686 billion. A House of Representatives member, Alhaji Muhammed Kazaure, representing Kazaure, Roni, Gwiwa, Yankwashi of Jigawa raised the…
The Nigerian Senate, Tuesday urged the Central Bank of Nigeria, CBN to extend the mop-up of old Naira notes to 31st July 2023. The upper legislative Chamber through an adopted resolution arrived at the new deadline after a thorough debate.…
The Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) commenced yesterday, the first of the year. This will be the 289th meeting of the MPC and will be presided over by the CBN governor Godwin Emefiele…
The Nigeria Governors’ Forum (NGF) has set up a six-member committee to engage the Central Bank of Nigeria (CBN) to address anomalies in the country’s monetary management and financial system. The forum disclosed this in a communique issued during the…
Four people were killed and at least six others injured after a crane crashed during a temple festival in the southern Indian state of Tamil Nadu, officials said Monday. The crane collapsed Sunday night at Draupathi temple in Ranipet district,…
A Chief Magistrates’ Court sitting at Iyaganku , Ibadan, has ordered the remand of five men at the Agodi Correctional center, Ibadan , for alleged murder of three women. The accused are, Oyetunji Omotayo, 29, Akinlabi Michael, 28, Oyetunji Rotimi,…
By Ismail Azeez, Osogbo The Central Bank of Nigeria (CBN)has revealed that it lost track of N2.7 trillion of the country’s currency in circulation as of June 2022. The Apex bank however noted that about 84.71 per cent of the…
The Central Bank of Nigeria (CBN) has launched a cash swap policy in villages and financially included areas ahead of the January 31 deadline for the old notes to seize being legal tender. The programme which will be launched on…
The Central Bank of Nigeria (CBN) has vowed to sanction commercial banks still dispensing old naira notes ahead of the Jan. 31 deadline for the cessation of the currencies as legal tender. Mr Godwin Emefiele, Governor of CBN stated this…
