The Federal Government has borrowed N6.31tn from the Central Bank of Nigeria through Ways and Means Advances in 10 months. This has …
central bank of nigeria
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President Muhammadu Buhari yesterday inaugurated the new Naira banknotes, expressing delight that the redesigned currencies were locally produced by the Nigerian Security …
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The Central Bank of Nigeria has launched a countdown clock on its website for the January 31, 2023 deadline for the N200, …
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EconomicNews
Adeboye knocks FG over naira redesign, decries deprecation
by Salami Azeezby Salami AzeezPastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church Of God, has knocked the Federal Government over its decision to …
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BankingEconomicNews
CBN says it will release new banknotes in December
by Salami Azeezby Salami AzeezStarting December 15, Nigerians will be using newly-designed 100, 200, 500 and 1,000-naira banknotes, the governor of the Central Bank of Nigeria …
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BankingEconomic
Finance minister counters CBN, says policy will further devalue currency
by Salami Azeezby Salami AzeezThe plans of the Central Bank of Nigeria, CBN, to redesign the Naira commencing on December 15, 2022, have been disavowed by …
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BankingNews
Polaris Bank sold for N50b, CBN to recover intervention funds in 25 years
by Salami Azeezby Salami AzeezThe Central Bank of Nigeria has announced the completion of the sale of Polaris Bank. The was contained in a statement by …
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NewsPolitics
ICPC raises alarm over misappropriation of public funds
by Salami Azeezby Salami AzeezThe Independent Corrupt Practices and other Related Offences Commission on Thursday in Abuja raised the alarm about diversion of public funds in …
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The Central Bank of Nigeria (CBN) has said Nigeria has now become an exporter of rice following the impacts of its several …
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The Central Bank of Nigeria (CBN) has said that Nigeria cannot stop burrowing, especially when it is necessary as it is part …