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YNaija March 3, 2023

Supreme Court orders Old N200, N500, N1,000 notes to remain in circulation until December 31

In a landmark decision on Friday, the Supreme Court ordered that old N200, N500, and N1,000 notes are allowed to remain in circulation until December 31, 2023. The court also…

Op-ed Editor May 3, 2017

Opinion: Central Bank, Intelligence agencies and cash

by Austyn Ogannah Watchers and followers of American history would readily admit that one of the most enduring scandals of the Ronald Reagan Administration was the clandestine sale of arms…

Azeez April 22, 2017

CBN opens another forex window for exporters, developers

The Central Bank of Nigeria on Friday created a foreign exchange window for investors and exporters tagged, “Investors and Exporters FX Window”. In a circular, the CBN said the window…

Tolu February 4, 2017

Our Central Bank went mad this morning, but quickly recovered

Our attention has been called to the biggest gaffe of the weekend. The Twitter handle for Nigeria's Central Bank sent out tweets campaigning for CBN Governor, Godwin Emefiele's office. The…

Azeez November 19, 2016

How I have saved Nigeria’s economy from total collapse – Emefiele

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said two policies he implemented have saved the country's economy from total collapse. He said this while speaking at…

YWriter May 25, 2016

Ladies and gentlemen, fuel scarcity is about to return

by Chi Ibe Oil marketers have still not resumed the importation of petrol despite the sharp increase in its pump price. The Cable is reporting a government source who describes…

YWriter May 22, 2016

Report: The CBN will not devalue the naira

The monetary policy committee (MPC) meeting of the Central Bank of Nigeria (CBN) holding on May 23-24 will not discuss the devaluation of the naira, TheCable is reporting in an…

Adebayo Emuleomo May 10, 2016

‘Some people are manipulating the naira’ – Oshiomhole

Edo state Governor, Adams Oshiomhole, on Thursday, endorsed the Muhammadu Buhari administration's refusal to devalue the naira, saying that the intention of government was to strengthen the economy, protect the…

Adebayo Emuleomo February 6, 2016

‘No going back on CBN forex policy’ – Saraki

Senate President, Bukola Saraki has reaffirmed the senate's support for the policy of the Central Bank of Nigeria, CBN to exclude some imported goods and services from the list of…

YEditor November 25, 2014

#Naira loses 8% of its value after @cenbank meeting

by Tunji Andrews The Central Bank of Nigeria, via the Monetary Policy Committee, in line wind the growing head winds from the shock in global crude oil prices; which has…

Kolapo Olapoju September 17, 2014

Emir of Kano, Sanusi Lamido rolls into council meeting in a vintage Rolls Royce

by Damilola Jagun Emir of Kano, Alhaji Sanusi Lamido Sanusi, is apparently fond of vintage automobiles. The former Governor of the Central Bank of Nigeria arrived in Kaduna on Wednesday,…

July 24, 2014

Guys, ignore social media, we are not recruiting, says CBN

by Tunji Andrews In a statement released on the its official website, the Central Bank of Nigeria has stories making the rounds that it is conducting a general recruitment exercise.…

March 27, 2014

Olusegun Adeniyi: One Central Bank, four governors

by Olusegun Adeniyi I am not one of those people who subscribe to the conspiracy theory that Sanusi was suspended because of his allegation that the Nigeria National Petroleum Corporation…

February 25, 2014

Don’t get it twisted: Sanusi is still the CBN governor – Jonathan

by Oge Okonkwo Nigeria's president Goodluck Jonathan on Monday said that the suspended Lamido Sanusi was still the Governor of the Central Bank of Nigeria. The president said Sanusi would only…

February 24, 2014

Opinion: Sanusi’s suspension and the danger of hasty judgment

by Adeolu Ademoyo Mike Ozekhome and others in this frame of thinking gave other non-legal, emotive and purely subjective reasons for their claim. I will endeavor to quote Ozekhome who…

January 20, 2014

Opinion: Today’s Monetary Policy Committee meeting – Matters arising

by Ifeanyi Uddin This is where the dark clouds begin to gather. If “appointment” in the first instance involved choice by the President, subject to the Senate’s confirmation, what constitutes…

November 13, 2013

Gone, baby, gone: External reserves declined by 6.1% last quarter – CBN

by Chi Ibe A report by the Central Bank of Nigeria (CBN) has noted that Nigeria’s external reserves declined by 6.1% with trade balance reducing to 8.9 in the last…

September 24, 2013

Opinion: Nigerian Naira coins – Legal tender or national artifacts?

by Chibuike Wogu I once went to a certain commercial bank to deposit coins but I was told by the bank’s teller that they do not accept deposit of coins…

August 11, 2013

Opinion: That lonely world of our aged

by Muyiwa Adetiba Old age needs not be an albatross. It should actually be something to look forward to. After all, we all plan on growing old with grace. But…

August 5, 2013

Opinion: Naira – Redesign, redenomination or revaluation?

by Les Leba The advantages of redenomination may however, be short-lived, if the abiding economic instigators of inflation are not adequately tackled. In a recent interactive section with…

June 10, 2013

Opinion: What is the way forward for Nigeria’s democracy?

by Chukwuemerie Uduchukwu ....the administration of President Jonathan will still lead us to the promise land if he sincerely fight corruption, deviate from giving the masses unrealistic encouragements, prudently implement…

April 22, 2013

Saving face on failed N5,000: CBN to change N5, N10, N20 and N50 from polymer to paper

CBN is poised to stop the printing of small denomination naira in polymer notes because they fade quickly. Its Deputy Governor, Tunde Lemo, disclosed this in an interview with the…

April 11, 2013

We knew it! Nigerian banks stole N6bn from customers in 2012 – Sanusi

by Hauwa Gambo Picture: ThisDay Live The governor of the Central Bank of Nigeria today revealed at a public event that over N6 billion was recovered for customers who have…

December 6, 2012

Opinion: Just before we crucify Sanusi…

by Simeon Christian Chukwu Barely a few hours after the Central Bank of Nigeria Governor, Lamido Sanusi, made his unpopular economic proposition at the just-concluded Annual Capital Market Retreat held…

September 28, 2012

Opinion: The politics of central banking

by Dan Hind Central banking is unavoidably political, no matter how much bankers and elected politicians tell us, and themselves, that it isn't. At the moment claims that do not…

August 22, 2012

Iron Lady Africa Edition: Liberian President Sirleaf suspends son, 45 others over asset declaration

Isi Esene Liberian President Ellen Johnson Sirleaf has suspended 46 government officials, including her son, for failing to declare their assets. Charles Sirleaf, the president’s son is the deputy governor…

June 25, 2012

Editorial: “It’s time for Sanusi to moderate his exuberance”

by Hauwa Gambo Today's editorial by The Punch took Central Bank governor, Sanusi Lamido Sanusi to the cleaners for his dramatic show of traditional office at the bank's headquarters last…

April 2, 2012

“Incompetent and abusive prosecution team” – Two years after, Erastus Akingbola is free to go

by Hauwa Gambo Erastus Akingbola It was difficult enough for the Economic and Financial Crimes Commission (EFCC) to get him to court, since he had delayed trial by fleeing the country, and now…

March 24, 2012

Temie Giwa: Analysing the Development Agenda For Western Nigeria (YNaija Frontpage)

Apart from some negligent grammatical and formatting errors, there is not much to criticize in the document. Nigeria was recently in the news as the Central Bank announced that while…

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