Tag: central bank of NigeriaTag: <span>central bank of Nigeria</span>

Financial literacy series: These are alternative banking channels

by Damilola Jagun   Due to advances in technology, banks are now able to offer their customers convenient, alternative means of banking such that these customers no longer need to…

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Financial Literacy series: Creating a savings plan

by Jewel Stephen Fidelity bank is sharing seven easy steps to help you come up with a great savings plan and still be able to meet your other obligations. Know…

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Highest fall in 5 years: Naira trades for N187 to dollar

by Godwin Akanfe   The naira has experienced its highest fall in 5 years. The Nigerian currency fell by four percent against the dollar to 187.05 at the interbank foreign…

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@cenbank committed to deepening financial inclusion – Governor Emefiele

by Tunji Andrews The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, CON has restated the commitment of the Bank to ensuring the provision of affordable financial services…

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President Jonathan unveils new N100 notes (PHOTOS)

by Laila Ibrahim President Goodluck Jonathan formally unveiled the new N100 commemorative notes at the Presidential Villa, Abuja today. The unveiling ceremony was held during the weekly Federal Executive Council…

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Stephen Orosanye: Please, I did not steal N123 billion

by Stephen Orosanye My attention has been drawn to yet another attempt at character assassination against my person by means of false allegations in a report first published online in…

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Jonathan to unveil N100 centenary note

by Kolapo Olapoju As part of the intiatives to mark the centenary clebration, President Goodluck Jonathan will launch a specially designed commemorative N100 banknote by the Central Bank of Nigeria…

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Global shocks closing in on the Naira

by Tunji Andrews Indications continue to mount that the nation’s currency, the Naira, will experience further pressure, as the liquidity position continues to worsen, especially as the nation draws close…

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@cenbank steps in to help stop farmer-nomad clashes | How much are they providing?

by Laila Ibrahim The Central Bank of Nigeria, is to provide a seed funding of N100 billion to assist states in establishing mini modern ranches across the federation. This, is…

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Former MINT boss dares federal government to extradite him to the UK

by Godwin Akanfe The former Managing Director of the Nigerian Security Printing and Minting Company of Nigeria, Mr. Ehidiamhen Okoyomon, during his trial on Monday, 13 October, challenged the jurisdiction…

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Can the new @cenbank policies strenghten the banks?

by Tunji Andrews The Central Bank Governor, Mr Godwin Emefiele, has announced that the apex bank would continue to make policies that would strengthen the nation’s banking sector. Emefiele said…

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Statistics bureau denies releasing report about 85% employment rate and creation of millions of jobs

by Tunji Andrews Contrary to reports making the rounds, the National Bureau of Statistics, has come out to refute headlines saying Nigeria created 1,500,000 jobs in 6 months nor did…

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Warning: Padi padi regulation is taking over Nigeria’s financial sector

by Tunji Andrews From having virtually every full year result, covertly pointing accusing fingers at the Central bank of Nigeria, for over regulation and being insensitive to their profit margins;…

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Jega on the hot seat: Ijaw group want him sacked

by Godwin Akanfe In reaction to the proposed additional 30,000 polling units to be created by the Independent National Electoral Commission (INEC) ahead of the 2015 general election, the Ijaw Youth…

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Listen up, people! You will soon be paying more bank charges [DETAILS]

by Tunji Andrews The charge on extended use of other banks’ Automated Teller Machines (ATMs) reintroduced by the Central Bank of Nigeria, which took effect from Monday, has been considered…

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Your bank still gets loans from CBN at 12%, then lend to you at xxx

By Tunji Andrews The Monetary Policy Committee (MPC) has retained the lending rate (MPR) at 12% after its meeting on Tuesday in Abuja. The Central Bank Governor, Godwin Emefiele, said…

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Opinion: New challenges facing the Central Bank of Nigeria

by Ifeanyi Uddin To be fair to his critics, the new CBN governor did not dimension his tasks this lucidly. For the most part, he came across like a low-level…

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Suraj Oyewale: Sanusi Lamido Sanusi – The morning after (Y! FrontPage)

by Suraj Oyewale How high did he rank on personal integrity and morality? Well, I learnt not to put my money on anybody on this subject. Maybe, I’m a bit…

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Opinion: Setting the agenda for new CBN Governor

by Eze Onyekpere     He has to co-opt stakeholders to facilitate the maintenance of the status quo in the extant CBN Act. The CBN needs this autonomy to effectively…

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Okey Ndibe: A national insult rejected

by Okey Ndibe How did we quickly forget that Abacha’s looting of public funds from the vaults of the Central Bank of Nigeria was a patriotic act? Or that he…

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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…

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Femi Aribisala: Why Sanusi Lamido should end up at Kirikiri prisons

by Femi Aribisala The last thing a country needs is a CBN governor who talks frivolously. The word of a CBN governor has implications for financial market volatility; therefore he…

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Femi Fani-Kayode: What Jonathan did to Sanusi is disgraceful

by Femi Fani-Kayode The more people they seek to destroy for no just cause and the more innocent men and women that they persecute for telling the truth and for…

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Diezani Alison-Madueke publicly admitted misappropriating N577 billion – Sanusi says

by 'Jola Sotubo Sanusi Lamido Sanusi, the recently suspended governor of the Central Bank of Nigeria (CBN) has reacted to his improper removal by President Goodluck Jonathan. Sanusi is said…

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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…

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Opinion: Nigeria and its phantom MINT projections

by Nasir Suwaid The basic fundamental problem though is the fact that valid projections should always be premised on certain tangible factors of realism, conceptualism and a glaring self belief…

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CBN governor, Sanusi Lamido to begin retirement leave in April

by Oke Efagene Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido, will commence his retirement leave as from April 1, 2014, which is 2 months to the end…

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CBN, NNPC clash over alleged diversion of $49.8bn

by Akintomiwa Agbaje The failure of the Nigerian National Petroleum Corporation (NNPC) to remit $49.8bn (about N8tn) oil proceeds to the Federation Account of the Central Bank of Nigeria (CBN)…

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House of Representatives question ministry’s N2.6bn warehouse in CBN, FCMB

by Akintomiwa Agbaje The House of Representatives Committee on Environment has emphasized that in order to stem lack of transparency and corruption, there is the need to overhaul the  Ministry of Environment.…

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No, we didn’t: CBN governor denies printing N5,000 notes, coins

by Oke Efagene Nigeria's apex bank over the weekend, denied claims that it had printed the controversial new N5,000 notes and coins that the Senate had earlier refused it permission…

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