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Tag: CBN
They asked me to resign, I refused | Emir Sanusi Lamido on his battles at the CBN
Emir of Kano, Muhammadu Sanusi II has said the praise singers around President Muhammadu Buhari are the real enemies of the government. In an Instagram post on Friday, the former…
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CBN offers $100m forex for corporate customers
The Central Bank of Nigeria (CBN) on Thursday offered the sum of $100 million to meet the requests of wholesale customers. Acting Director of Corporate Communications at the CBN, Isaac…
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Naira sells at N390/dollar
by Dolapo Adelana The Naira continued its steady rise against the Dollar on Thursday as it traded for N390 at the parallel market in Abuja. The Naira also appreciated against…
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BREAKING: CBN sustains interest rate at 14 per cent
by Dolapo Adelana The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday sustained interest rate at 14 per cent. The MPC, in its bid to keep inflation…
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[The Presidential Blog] Watch how the governors rewarded President Buhari for dropping in on their NEC meeting
Yesterday, President Buhari decided to show some love to the members of the National Economic Council - the State Governors; the Central Bank Governor, the Minister of Finance, the Minister…
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CBN pumps fresh $195m into foreign exchange market
by Azeez Adeniyi The Central Bank of Nigeria on Tuesday released fresh $195m into the foreign exchange market. This was confirmed in a statement signed by the Acting Director of…
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N541bn debt: NCC, CBN halt Etisalat take over
by Dolapo Adelana The Central Bank of Nigeria (CBN) and telecom regulator, Nigerian Communications Commission (NCC) have halted the planned take over of telecommunications company Etisalat by its creditors. Earlier in…
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CBN to intervene in Etisalat’s debt crisis
by Azeez Adeniyi The Nigeria Communication Commission on Thursday said the Commission and Central Bank of Nigeria (CBN) will intervene in the Etisalat loan issue. Director of Public Affairs of…
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CBN directs banks to meet forex demands for school fees within 48 hours
by Azeez Adeniyi The Central Bank of Nigeria has asked Deposit Money Banks to meet demands for school fees, allowances and medical bills within 48 hours. The CBN gave the…
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Millennial in the marketplace: Lifestyles riding on Disruptive Payment Systems
Preparations are in top gear to host the annual CBN Cashless CardExpo Africa. According to Intermarc the organisers of the African destination trade show for payment and allied industry the…
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Forex: CBN to inject additional $350m into interbank market
by Dolapo Adelana In continuation of its strategy to strengthen the naira against the dollar and other foreign currencies, the Central Bank of Nigeria is set to pump into more…
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The Late 5: These are the stories that drove conversations today
These are the top five stories that drove conversations today. 1. “May the fortune of Nigeria never sink like that of the PDP” – Obasanjo Former president Olusegun Obasanjo has once…
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UPDATE: Female suicide bomber attacks NNPC depot in Maiduguri
by Azeez Adeniyi An explosion has occurred at a NNPC depot in Maiduguri after a female suicide bomber attacked in the early hours of Friday. It was learnt that the…
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The Big 5: These are the stories you should be monitoring today
These are the top five stories you should monitor today. It’ll take a miracle for Buhari to return naira to its former exchange rate – Soludo Former Governor of the…
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The YNaija Tracklist: Troops arrest Boko Haram suspect with N1.3m cash | Why naira is appreciating – CBN | More stories
From the papers this morning - a Tracklist. It’ll take a miracle for Buhari to return naira to its former exchange rate – Soludo - YNaija Troops arrest Boko Haram…
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Why naira is appreciating – CBN
by Azeez Adeniyi The Central Bank of Nigeria (CBN) has said the recent appreciation of the naira against other currencies was due to intelligent work. Acting director, corporate communications, Isaac…
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3 million Nigerians lost N18bn to MMM – NDIC
by Dolapo Adelana The Nigerian Deposit Insurance Corporation (NDIC) has said about three million Nigerians lost N18 billion to Ponzi scheme, Mavrodi Mundial Moneybox, popularly called (MMM). The Managing Director…
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The Big 5: These are the stories you should be monitoring today
These are the top five stories you should monitor today. CBN releases additional $180m into forex market The Central Bank of Nigeria (CBN) on Monday released additional $180m in order…
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CBN releases additional $180m into forex market
by Azeez Adeniyi The Central Bank of Nigeria (CBN) on Monday released additional $180m in order to increase liquidity in the foreign exchange market. This was disclosed by the Acting…
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The YNaija Cover this evening – the 27th of February
Read the full stories and analyses here, here and here now!
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EDITORIAL: It will take a lot more than this new monetary policy to undo the damage CBN has done
After months of taking a battering at the foreign exchange markets, this past week has seen the naira appreciate against the dollar from upwards of N500 to a dollar to…
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Peregrino Brimah: Buhari down, Naira up
by Peregrino Brimah I hate to say I told you so. July last year we released one more of several alerts as to the danger and damage of CBN governor…
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Reps threaten to arrest Emefiele over missing $17bn
by Azeez Adeniyi The House of Representatives ad hoc Committee investigating the alleged stolen 17 billion dollars oil and gas sales on Thursday ordered Governor of Central Bank of Nigeria…
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The Big 5: These are the stories you should be monitoring today
These are the top five stories you should monitor today. Xenophobia: South Africans issue fresh threats to Nigerians The Nigerian community in South Africa on Monday said some of its…
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The YNaija Tracklist: ‘Gunmen abduct army lieutenant in Lagos’ | Rawlings backs Buhari’s anti-corruption fight | More stories
From the papers this morning – a Tracklist. Xenophobia: South Africans issue fresh threats to Nigerians - YNaija ‘Gunmen abduct army lieutenant in Lagos’ - YNaija FG summons South African…
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Probe CBN, NNPC officials for money laundering, Senate tells EFCC
by Azeez Adeniyi The Senate on Monday urged the Economic and Financial Crimes Commission (EFCC) to probe Central Bank of Nigeria and Nigerian National Petroleum Corporation (NNPC) officials over alleged…
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Just In: Central bank introduces new foreign exchange policy
The Central Bank of Nigeria (CBN) has released a new foreign exchange policy. In a statement on Monday, the CBN it would henceforth provide direct additional funding to banks. The apex…
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Simon Kolawole: Is fake news the new normal?
by Simon Kolawole Heard the latest? The Central Bank of Nigeria has been selling the elusive dollar to some end users at 61 kobo/US$1, while the rest of us are…
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N1.1bn budget support fund: Fayose visits finance ministry
by Dolapo Adelana Ekiti governor Ayodele Fayose Wednesday visited the headquarters of the Ministry for Finance, The Punch reports. The governor had on Tuesday accused the Federal Government of withholding the…
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BREAKING: World Bank to give Nigeria $2.5bn loan
The World Bank has agreed to give Nigeria a $2.5bn loan to support the budget. According to leading economic website, Business Day, the first tranche of $1.5bn will be released following…
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The September Standard
- Unlock a Healthier You: Essential Resources for Holistic Well-being
- How Your Diet Could Be Making Your Snoring Worse
- Celebrating Nigerian Trailblazers: Inspiring Women in Fashion
- Silk: Unraveling Threads of Elegance and Innovation
- Grammy Awards 2024 Red Carpet Fashion: Hits and Misses that Stole the Spotlight
YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy
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