Expert Calls for CBN Governor with Strong Economic Understanding by Justice Godfrey Okamgba June 10, 2023 0 Finance Following the suspension of Godwin Emefiele as the Central Bank of Nigeria (CBN) Governor, an industry expert is urging the ... Read more
Meet Folashodun Adebisi Shonubi – Acting Governor of CBN by Justice Godfrey Okamgba June 10, 2023 0 Finance Following the recent suspension of Godwin Emefiele, the Governor of the Central Bank of Nigeria, Folashodun Adebisi Shonubi, who served ... Read more
[JUST IN] DSS Arrests Suspended CBN Governor by Justice Godfrey Okamgba June 9, 2023 0 Finance The Department of State Services (DSS) has reportedly arrested Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria ... Read more
[BREAKING] Tinubu Suspends Godwin Emefiele as CBN Governor by Justice Godfrey Okamgba June 9, 2023 0 Finance In a breaking development, President Bola Tinubu has suspended Godwin Emefiele, the Central Bank Governor, with immediate effect. Willie Bassey, ... Read more
CBN Issues Microfinance Bank License to Awash, a Fintech Platform by Justice Godfrey Okamgba June 7, 2023 0 Finance Central Bank of Nigeria (CBN) has issued a microfinance bank license to Awacash, a fintech platform, this represents a significant ... Read more
Fiscal Challenges Mount as Revenue Sources Shrink in Two Months by Justice Godfrey Okamgba June 6, 2023 0 Finance The Federal Government of Nigeria experienced fiscal deficits of N930.8 billion in the first two months of 2023, as reported ... Read more
“We Reached a Point of Frustration with Cryptocurrency Operators,” says CBN by Justice Godfrey Okamgba June 2, 2023 0 Finance The Central Bank of Nigeria (CBN) has explained its decision to halt the growth of digital currencies in the country, ... Read more
CBN Dismisses Reports of Naira Devaluation, says Exchange Rate remains N465/$1 by Justice Godfrey Okamgba June 1, 2023 0 Finance The Central Bank of Nigeria (CBN) has refuted the claim that it has devalued the naira. Isah AbdulMumin, the spokesperson ... Read more
Microfinance Banks Review Recapitalization Status after CBN License Revocations by Justice Godfrey Okamgba May 30, 2023 0 Finance The decision by the Central Bank of Nigeria (CBN) to revoke the licenses of some microfinance banks (MFBs) has prompted ... Read more
Frustration Mounts as Interest Rates Skyrocket for Nigerian Manufacturers by Justice Godfrey Okamgba May 26, 2023 1 Commerce The Central Bank of Nigeria (CBN) is already facing a backlash from the Manufacturers Association of Nigeria (MAN) after the ... Read more
CBN’s 100-for-100 Policy Injects N173.31b to Revitalize Manufacturing by Justice Godfrey Okamgba May 26, 2023 1 Commerce The Central Bank of Nigeria (CBN) has implemented the 100-for-100 Policy on Production and Productivity (PPP) to stimulate investments in ... Read more
NDIC Assures Swift Payment to Depositors of Closed Microfinance Banks by Justice Godfrey Okamgba May 25, 2023 0 Finance The Nigeria Deposit Insurance Corporation (NDIC) has pledged to expedite the payment process for depositors of 179 Microfinance Banks and ... Read more
CBN Revokes Licenses of 132 Microfinance Banks by Justice Godfrey Okamgba May 24, 2023 1 Finance The Central Bank of Nigeria (CBN) has taken the decision to revoke the operating licenses of 132 Microfinance Banks, three ... Read more
e-Naira is Facing Limited Usage but CBN Seems Resolute by Justice Godfrey Okamgba May 22, 2023 0 Finance The Central Bank of Nigeria (CBN) continues to push forward with the e-Naira digital currency, undeterred by its disappointingly low ... Read more
Emefiele says Dangote Repays 70% Loan for Refinery Construction by Justice Godfrey Okamgba May 22, 2023 0 Finance The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, announced that the Dangote Group has successfully repaid approximately ... Read more