Opinion: Why Soludo abandoned the clear path of reason

by Chuks Iloegbunam For two reasons – spite, and the angling for appointment in a Buhari government of his phantom expectation – Chukwuma Charles Soludo decided to abandon the clear path of reason and integrity, to tread a field strewn with the thorns of pointless self-devaluation. Charles Soludo’s contemporaries say that, as an undergraduate, he... Read More

Anambra State, central bank of Nigeria, Charles Soludo, ngozi okonjo iweala

December 30, 2014

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 go to the banking hall to do all of their banking transactions. Let’s look at some of these alternative channels ATMs – ATM stands for... Read More

The News Blog

ATMS, banking channels, central bank of Nigeria, Enterprise banking, Financial lteracy series, Internet banking, The Bankers Committee

December 23, 2014

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 your income and your expenses – It is important to know how much you earn, how much money you spend and what exactly it is... Read More

central bank of Nigeria, Fidelity Bank, financial literacy series, The Bankers Committee

December 18, 2014

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 exchange market on Wednesday, December 17. According to foreign exchange market dealers, the fall is caused by the Central Bank of Nigeria’s announcement that its... Read More

#BigBrotherAfricahotspots, central bank of Nigeria, dollar, foreign exchange, Freefall, Interbank, naira, Retail Dutch Auction System

December 6, 2014

@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 to the low income and under-served active adult population. Mr. Emefiele made the assertion in a keynote address at the 2014 Financial Inclusion Conference organized... Read More

CBN, central bank of Nigeria, Financial inclusion conference, Godwin Emefiele, Modupe Ladipo

November 12, 2014

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 meeting, where Vice President Namadi Sambo and the Central Bank of Nigeria’s Governor, Godwin Emefiele, joined the President to unveil the note. CBN Boss, Emefiele stated... Read More

The News Blog

central bank of Nigeria, commemorative notes, Federal Executive Council, Godwin Emefiele, N100, Namadi Sambo, President Goodluck Jonathan

November 5, 2014

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 Premium Times on September 15, 2014 and subsequently in some other Nigerian newspapers. As on a previous occasion when I refused to join issues with the... Read More

central bank of Nigeria, EFCC chairman, N123Billion, opinion, steal, stephen orosanye, ynaija

November 4, 2014

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 (CBN) on Wednesday, 5 November. According to a statement from the central bank, “the commemorative note is part of its contribution to the centenary celebration,... Read More

The News Blog

centenary celebration, central bank of Nigeria, commemorative note, N100 note, nigeria, Obafemi Awolowo, President Goodluck Jonathan

November 1, 2014

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 to the 2015 general elections. The nation’s liquidity is set to significantly rise as Asset Management Corporation of Nigeria (AMCON) set to inject N866 billion... Read More

Asset Management Corporation of Nigeria, central bank of Nigeria, Currency, economy, naira, Nigerian Stock Exchange, World

October 24, 2014

@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 to ensure the establishment of infrastructure for grazing to curb the errant movement of nomadic farmers and ensure the production of healthy meat for consumption.... Read More

The News Blog

agriculture, CBN, central bank of Nigeria, liyel imoke, ranches

October 15, 2014

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 of the Federal Government to extradite him to United Kingdom for prosecution. The UK government is seeking Okoyomon’s extradition over his alleged role in the... Read More

The News Blog

Bribery Scandal, central bank of Nigeria, Chief Alex Isiyon, Ehidiamhen Okoyomon, extradition, Justice E.S Chukwu, Nigerian Security Printing and Minting Company, united kingdom

October 14, 2014

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 this in Washington DC when he briefed newsmen on the outcomes of the Annual Meetings of the World Bank and IMF in Washington DC. This... Read More

The News Blog

banking, central bank of Nigeria, Finance, Godwin Emefiele, Washington D.C

September 24, 2014

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 Nigeria record an employment rate of 85%. The NBS in collaboration with the Central Bank of Nigeria, Ministry of Labour & Productivity, National Directorate of Employment... Read More

The News Blog

central bank of Nigeria, economy, employment, Jobs, National Bureau of Statistics, NBS, nigeria

September 17, 2014

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; to being on the same page with the CBN on bank earnings, must be a really big leap forward for Nigerian banks. In wave after... Read More

The News Blog

Access Bank, ATM charges, CBN, central bank of Nigeria, Financial sector, Nigerian banks, Nigerian Stock Exchange

September 15, 2014

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 Council (IYC) Worldwide, has called on the Presidency to sack the Commission’s Chairman, Prof. Attahiru Jega, over an alleged gross misconduct in compliance with section... Read More

The News Blog

CBN, central bank of Nigeria, Eric Omare, ijaw youth council, Independent National Electoral Commission, INEC, IYC spokesperson, Mallam Lamido Sanusi, Prof. Attahiru Jega

September 4, 2014

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 as being unnecessary by Nigerians. Below are few myths around the ATM charge implementation; 1. Bankers say paying interloping fees on behalf of customers greatly... Read More

The News Blog

ATM Charge, Automated Teller Machines, Business, central bank of Nigeria, economy

July 23, 2014

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 the committee, after considering global economic indicators also retained Cash Reserve Requirement (CRR) of public sector fund at 75% and that of private sector at... Read More

Bank loan, CBN, Central Bank governor, central bank of Nigeria, economy, Godwin Emefiele, liquidity ratio, Loan application

July 2, 2014

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 treasury apparatchik. This month the Central Bank of Nigeria’s (CBN) rate-setting committee (the Monetary Policy Committee — MPC) meets for the first time under its... Read More

central bank of Nigeria, challenges, Godwin Emefiele, Ifeanyi Uddin, monetary, opinion, treasury, ynaija

May 27, 2014

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 disappointed here. That I am a big fan of the erstwhile Governor of the Central Bank of Nigeria (CBN), Mr. Sanusi Lamido Sanusi, is very... Read More

central bank of Nigeria, First Bank of Nigeria, opinion, Sanusi Lamido Sanusi, suraj oyewale, UBA, Y! Frontpage, ynaija

April 28, 2014

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 discharge its functions. The new governor of the Central Bank of Nigeria, CBN, has a lot of challenges to inherit from the former leadership.... Read More

Agenda, CBN, central bank of Nigeria, confidence, Eze Onyekpere, Godwin Emefiele, Governor, opinion, ynaija

March 6, 2014

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 gave his cronies licenses to import toxic fuel into Nigeria because he so fiercely loved Nigerians and fervently desired their development? Or that Babangida’s annulment... Read More

February 25, 2014

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 must mark his words. He must speak with confidence and precision. Not so with Lamido Sanusi. One of the more annoying things about Nigeria is... Read More

APC, central bank of Nigeria, Femi Aribisala, impunity, Kirikiri, nigeria, nnpc accounts, opinion, opposition, prisons, Sanusi Lamido Sanusi, Suspension, ynaija

February 23, 2014

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 exposing their monuemental corruption and incompetence, the more they shall be resisted by people. What they have done to Sanusi is disgraceful and they ought... Read More

central bank of Nigeria, dispensation, Femi Fani-Kayode, opinioin, persecution, susepnsion, ynaija

February 21, 2014

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 to have stated that his constant publicized statements about widespread corruption being ignored by the president led to his suspension. He also said that the... Read More

central bank of Nigeria, minister of petroleum resources, N577 billion, Sanusi Lamido Sanusi, Suspension

January 10, 2014

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 in the potentials of a nation striving to attain greatness in material wealth One of the universally accepted characteristic norms that is unique to every... Read More

December 28, 2013

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 of his tenure. Lamido, was nominated as the CBN governor by the late former Nigeria President, Umaru Musa Yar’Adua on June 1, 2009. His appointment... Read More

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Opinion: Why Soludo abandoned the clear path of reason

Financial literacy series: These are alternative banking channels

Financial Literacy series: Creating a savings plan

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

@cenbank committed to deepening financial inclusion – Governor Emefiele

President Jonathan unveils new N100 notes (PHOTOS)

Stephen Orosanye: Please, I did not steal N123 billion

Jonathan to unveil N100 centenary note

Global shocks closing in on the Naira

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

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

Can the new @cenbank policies strenghten the banks?

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

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

Jega on the hot seat: Ijaw group want him sacked

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

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

Opinion: New challenges facing the Central Bank of Nigeria

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

Opinion: Setting the agenda for new CBN Governor

Okey Ndibe: A national insult rejected

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

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

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

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

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

Opinion: Nigeria and its phantom MINT projections

CBN governor, Sanusi Lamido to begin retirement leave in April

CBN, NNPC clash over alleged diversion of $49.8bn

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

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