Tag: central bank of Nigeria

YNaijaMarch 2, 2023

Naira Redesign was to boost the economy, not to cause hardship – Buhari

President Muhammadu Buhari has apologized to Nigerians for the re-design of the naira, stating that the move was not intended ...

YNaijaFebruary 2, 2023

CBN orders banks to pay new naira notes over the counter — N20k maximum

The Central Bank of Nigeria (CBN) has instructed commercial banks to begin providing the redesigned naira notes to customers over ...

Joshua OnonoseJuly 27, 2022

Naira falls to N710 to the dollar

The naira has further depreciated in the black market and is now trading for N710 to the dollar on the ...

Kola MuhammedJune 11, 2021

FG abandons Twitter for Koo, CBN to launch its own cryptocurrency | 5 Things That Should Matter Today

Across Nigeria’s 36 states and the Federal Capital Territory, these are the top stories you should not miss. FG declares ...

Ado AminuJune 8, 2021

#Kebbi88: Atiku decries increasing killings, Experts condemn low power generation despite interventions | 5 Things That Should Matter Today

Across the 36 states of the federation and the FCT, these are the 5 top stories you shouldn’t miss out ...

Toluwanimi OnakoyaOctober 2, 2020

Nigeria Immigration introduces new visa fees, Ikeja Electric suspends increased electricity tariff | 5 Things That Should Matter Today

The Nigeria Immigration Service (NIS), has introduced new visa fees for all countries which takes effect from the 1st of ...

Kingsley MoghaluSeptember 11, 2020

Subsidising the Naira blocks; Nigeria’s economic takeoff

The naira should be floated to find its exchange rate value on the market if Nigeria’s economy is to become ...

SponsorDecember 10, 2018

Access Bank wraps up the year with more wins at the CBN Sustainability Awards

For more than two years, Access Bank has proven to be way more than just a financial institution, with practical ...

Temidayo Taiwo-SidiqSeptember 21, 2018

BREAKING: CBN revokes Skye bank license, announces new owner

The Central Bank of Nigeria (CBN) has revoked the operating licence of Skye Bank Plc, with immediate effect, following its ...

Samuel OkikeOctober 20, 2017

The Big 5: Jonathan accuses Buhari’s government of “lies and propaganda,” Senate to investigate Buhari’s approval of Paris Club refund, and other top stories

Good morning. Here are the top 5 stories you should be monitoring today: Former President Goodluck Ebele Jonathan, in a ...

EditorOctober 11, 2017

[The Activism Blog] HURIWA condemns harassment of Aisha Ahmad over non-conservative dressing

Following the ceaseless criticisms trailing the appointment of Mrs Aisha Ahmad as the deputy-governor nominee of the Central Bank of ...

Omoleye OmoruyiSeptember 10, 2017

We should not celebrate Nigeria’s exit from recession yet – Okonkwo

The Managing Director/Chief Executive Officer of Fidelity Bank Plc, Nnamdi Okonkwo has asked Nigerians not to celebrate the exit of ...

Omoleye OmoruyiAugust 11, 2017

There’s a likelihood recession ended in June – Yemi Kale

The statistician general of the federation, Yemi Kale, says there’s a likelihood that the economic recession in Nigeria ended in ...

AzeezJuly 13, 2017

Mutilation of naira notes unacceptable – CBN

The Central Bank of Nigeria has said the mutilation of Naira notes represents an abuse on national sovereignty. CBN’s acting ...

Omoleye OmoruyiJuly 4, 2017

Etisalat Nigeria resolves $1.2bn indebtedness with banks

The Nigerian Communications Commission (NCC) says Etisalat Nigeria and its creditors have successfully reached a resolution to the $1.2 billion ...

AzeezMarch 9, 2017

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 ...

AzeezMarch 4, 2017

The Big 10: These are the stories that drove conversations this week

These are the top 10 stories that drove conversations this week. Obasanjo said his generation may have failed Nigerians Former ...

AzeezMarch 3, 2017

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 ...

AzeezMarch 3, 2017

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 ...

AzeezFebruary 28, 2017

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 ...

AzeezFebruary 28, 2017

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 ...

EditorFebruary 27, 2017

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 ...

AzeezFebruary 20, 2017

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 ...

RoqeebahFebruary 5, 2017

Analysis: The CBN is descending to shameful depths never seen before

by Mark Amaza Early last month, a shadowy Twitter account, EmefieleStays was created and has been engaging in a social ...

AzeezJanuary 29, 2017

We don’t fix forex rates for individuals, companies transactions – CBN

The Central Bank of Nigeria (CBN) has said the sale of forex under the new policy is transparent. In a ...

AzeezDecember 5, 2016

We do not allocate dollars, CBN replies Sanusi

The Central Bank of Nigeria (CBN) has said it is not allocating the US Dollars but has rather set up ...

AzeezOctober 5, 2016

Emefiele, his team should be sacked over falling naira – House of Reps members

Following the continuous fall of the naira’s value, some members of the House of Representatives have called for the sack ...

AzeezOctober 1, 2016

Buhari’s directive led to the prompt rescue of my wife – Emefiele

Governor of Central Bank of Nigeria (CBN), Godwin Emefiele on Saturday confirmed the release of his wife, Margaret Emefiele who ...

AzeezOctober 1, 2016

CBN confused over falling naira, economy – TUC

President of the Trade Union Congress, Bobboi Kaigama on Friday said the Central Bank of Nigeria (CBN) is confused and ...

cool good eh love2 cute confused notgood numb disgusting fail