Tag: CBN
Buhari unveils new naira notes
President Muhammadu Buhari on Wednesday finally unveiled the new naira notes as proposed by the Central Bank of Nigeria (CBN).
CBN ‘ll not shift deadline for old notes to be returned...
The Governor of Central Bank (CBN), Godwin Emefiele on Tuesday said the CBN won’t shift its deadline for...
Economist speaks on CBN monetary policy
Prof. Ken Ife, a Development Economist, says Central Bank of Nigeria’s monetary policy is not working because 80 per cent of the...
Nigeria’s Debt Rises to N42.84trn
Amidst the Federal government’s plan to securitise N20 trillion borrowed from the Central Bank, Nigeria’s public debt stock increased from N35.46 trillion...
Naira rebounds as new currency notes introduction draws closer -ABCON
The Association of Bureaux Des Change Operators of Nigeria (ABCON) says Naira has continued to firm against the Dollar at the parallel...
Buhari backs CBN on Naira redesign
President Muhammadu Buhari on Sunday said that the decision of the Central Bank of Nigeria (CBN) to launch...
Naira redesign: CBN replies finance minister, says it followed due process
The Central Bank of Nigeria (CBN) has insisted it followed the law and due process to carry out the planned redesign of...
Clipping the Wings of CBN -By Ganiyu Ogunleye
At the Senate’s plenary on 27th September 2022, a Bill to amend the Central Bank of Nigeria (CBN)...
Senate seeks removal of Emefiele as CBN Board Chairman
The Senate has initiated moves to amend the Central Bank of Nigeria (CBN) Act No. 7 of 2007.
Specifically,...
CBN Raises Interest Rate from 14% to 15.5%
In a bid to tame rising inflation, the Central Bank of Nigeria has raised the Monetary Policy Rate...