President Bola Tinubu on Friday suspended Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele from office with immediate effect. Tinubu also directed Emefiele to immediately hand over the affairs of his office to the Deputy Governor (Operations…
… states implications of increasing MPR and recommends way out The Manufacturer Association of Nigeria (MAN) has reacted to the increase in the Monetary Policy Rate (MPR) to 18.5 percent by the Monetary Policy Committee of the Central Bank…
The Central Bank of Nigeria ( CBN) has debunked fresh allegations that the Governor of Central Bank of Nigeria ( CBN),Mr Godwin Emefiele has launched a fresh plot against the President-elect Asiwaju Bola Ahmed Tinubu. The denial is contained in…
Following the earlier warning by the Kaduna State Government that it has received credible reports of some misguided individuals trying to cause confusion in the state, security operatives have been deployed to the Central Bank of Nigeria, commercial banks and…
The Central Bank of Nigeria has debunked claims about the incapacity of the Nigerian Security Printing and Minting PLC. The apex bank also denied claims that it plans to shut down commercial banks in a geo-political zone. This was disclosed…
The Central Bank of Nigeria (CBN) has blamed hoarding for the present scarcity of new naira notes being faced by Nigerians. CBN director, Consumer Protection, Mrs. Rashidat Mongunu, disclosed this yesterday in Offa, Kwara State, during monitoring exercise visits to…
Some traders in Sango-Ota, Ogun, on Monday, appealed to the Central Bank of Nigeria (CBN) to make concerted efforts to address the lingering cash crunch in Deposit Money banks to prevent total collapse of economic activities. They expressed their views…
The House of Representatives say it will reconvene before the Feb. 25 elections, if the Central Bank of Nigeria (CBN) fails to address the hardships Nigerians are facing following the currency swap policy. The Speaker of the House of Representatives,…
The Social Democratic Party (SDP), has advised the All Progressives Congress (APC) Governors and stalwarts to address its internal party issues. Mr Alfa Mohammed, SDP National Publicity Secretary, gave the advice on Thursday in an interview in Abuja. Mohammed said…
The Central Bank of Nigeria (CBN), Bauchi State, says it allocates N30 million new naira notes daily to each branch of banks in the state to increase access of customers to the new notes. Mr Abdulkadir Jibrin, an official of…
