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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...

Nigeria Realises $890m from Non-oil Export -CBN

By Segun James The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emiefiele, has revealed that the...

CBN intervenes in Aviation sector, releases $265m to Airlines

In an apparent move to check a brewing crisis in the country’s aviation sector, the Central Bank of Nigeria (CBN) has released...

Senate summons CBN Governor over naira fall

The Senate, on Wednesday, resolved to summon the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, to educate and inform...

CBN raises interest rate from 11.5% to 13.5%

The Central Bank of Nigeria on Tuesday raised the interest rate to 13 per cent for the first time in two years.

Presidential bid: Emefiele withdraws suit against INEC, AGF

Godwin Emefiele, Governor of Central Bank of Nigeria (CBN), on Monday, withdrew the suit he filed against the Independent National Electoral Commission...

Ex-CBN director, Okunronmu urges MPC on fiscal policies to tackle inflation

A financial expert, Dr Titus Okunronmu, has advised the Central Bank of Nigeria (CBN) to make concerted efforts to deploy efficient fiscal...

CBN denies plans to withdraw naira notes from circulation

The Central Bank of Nigeria (CBN) has dismissed reports that it intends to replace the naira notes in circulation with digital currency,...

Inferno destroys CBN office in Makurdi

There was an inferno at the Makurdi branch of the Central Bank of Nigeria in Benue State. A portion...