Expert Calls for CBN Governor with Strong Economic Understanding
Following the suspension of Godwin Emefiele as the Central Bank of Nigeria (CBN) Governor, an industry expert is urging the ...
Tag: CBN
Meet Folashodun Adebisi Shonubi – Acting Governor of CBN
Following the recent suspension of Godwin Emefiele, the Governor of the Central Bank of Nigeria, Folashodun Adebisi Shonubi, who served ...
[JUST IN] DSS Arrests Suspended CBN Governor
The Department of State Services (DSS) has reportedly arrested Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria ...
[BREAKING] Tinubu Suspends Godwin Emefiele as CBN Governor
In a breaking development, President Bola Tinubu has suspended Godwin Emefiele, the Central Bank Governor, with immediate effect. Willie Bassey, ...
CBN Issues Microfinance Bank License to Awash, a Fintech Platform
Central Bank of Nigeria (CBN) has issued a microfinance bank license to Awacash, a fintech platform, this represents a significant ...
Fiscal Challenges Mount as Revenue Sources Shrink in Two Months
The Federal Government of Nigeria experienced fiscal deficits of N930.8 billion in the first two months of 2023, as reported ...
“We Reached a Point of Frustration with Cryptocurrency Operators,” says CBN
The Central Bank of Nigeria (CBN) has explained its decision to halt the growth of digital currencies in the country, ...
CBN Dismisses Reports of Naira Devaluation, says Exchange Rate remains N465/$1
The Central Bank of Nigeria (CBN) has refuted the claim that it has devalued the naira. Isah AbdulMumin, the spokesperson ...
Microfinance Banks Review Recapitalization Status after CBN License Revocations
The decision by the Central Bank of Nigeria (CBN) to revoke the licenses of some microfinance banks (MFBs) has prompted ...
Frustration Mounts as Interest Rates Skyrocket for Nigerian Manufacturers
The Central Bank of Nigeria (CBN) is already facing a backlash from the Manufacturers Association of Nigeria (MAN) after the ...
CBN’s 100-for-100 Policy Injects N173.31b to Revitalize Manufacturing
The Central Bank of Nigeria (CBN) has implemented the 100-for-100 Policy on Production and Productivity (PPP) to stimulate investments in ...
NDIC Assures Swift Payment to Depositors of Closed Microfinance Banks
The Nigeria Deposit Insurance Corporation (NDIC) has pledged to expedite the payment process for depositors of 179 Microfinance Banks and ...
CBN Revokes Licenses of 132 Microfinance Banks
The Central Bank of Nigeria (CBN) has taken the decision to revoke the operating licenses of 132 Microfinance Banks, three ...
e-Naira is Facing Limited Usage but CBN Seems Resolute
The Central Bank of Nigeria (CBN) continues to push forward with the e-Naira digital currency, undeterred by its disappointingly low ...
Emefiele says Dangote Repays 70% Loan for Refinery Construction
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, announced that the Dangote Group has successfully repaid approximately ...