Central Bank of Nigeria

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13m
AllAfrica.com
Jubilation, Protest As Obaseki Is Declared Governorsituation was further buttressed by the fact that on Monday, September 26, 2016
Jubilation, Protest As Obaseki Is Declared Governor
AllAfrica.com / Posted 13 minutes ago
situation was further buttressed by the fact that on Monday, September 26, 2016, when election materials arrived from the Central Bank of Nigeria (CBN) at INEC state office for inspection, agents of the political parties including the APC and PDP... Read more
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13m
AllAfrica.com
Naira in Fastest, Biggest Fall Yetas N480 in some sections of the market, the largest since the introduction of t
Naira in Fastest, Biggest Fall Yet
AllAfrica.com / Posted 13 minutes ago
as N480 in some sections of the market, the largest since the introduction of the floating foreign exchange policy by the Central Bank of Nigeria (CBN) last June. The flexible policy adopted by the back removed the N197-N199 to the dollar foreign... Read more
13m
AllAfrica.com
Why I Won't Apologise to Soludo - FalanaFemi Falana, a Nigerian lawyer, has again questioned the management of Nigeria'
Why I Won't Apologise to Soludo - Falana
AllAfrica.com / Posted 13 minutes ago
Femi Falana, a Nigerian lawyer, has again questioned the management of Nigeria's foreign reserves by the Central Bank of Nigeria (CBN) under the leadership of Chukwuma Soludo. Mr. Falana had petitioned the Economic and Financial Crimes Commission... Read more
13m
AllAfrica.com
Govt to Expand Cooperation On CBN's Intervention Funds for MSMEsthrough the Ministry of Agriculture and Rural Development (FMARD) has said it w
Govt to Expand Cooperation On CBN's Intervention Funds for MSMEs
AllAfrica.com / Posted 13 minutes ago
through the Ministry of Agriculture and Rural Development (FMARD) has said it was seeking to expand cooperation with the Central Bank of Nigeria (CBN)'s intervention funds for Small and Medium Enterprises (MSMEs). This was stated in the... Read more
20h
AllAfrica.com
FX Scarcity Pushes Us Out of Biz - Boutique Ownershas greatly affected businesses." While announcing the flexible exchange rate
FX Scarcity Pushes Us Out of Biz - Boutique Owners
AllAfrica.com / Posted 20 hours ago
has greatly affected businesses." While announcing the flexible exchange rate regime on June 15, 2016, the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said that the naira value will be determined largely by the forces of... Read more
20h
AllAfrica.com
Emefiele - CBN Development Finance Activities to Stimulate GrowthAbakaliki — The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele ha
Emefiele - CBN Development Finance Activities to Stimulate Growth
AllAfrica.com / Posted 20 hours ago
Abakaliki — The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has said that the central bank's development finance activities are focused on stimulating the economy. Emefiele said this in a keynote address presented on his behalf by... Read more
22h
AllAfrica.com
Central Bank Settles U.S.$180 Million Futures ContractThe Central Bank of Nigeria (CBN) wednesday settled OTC FX futures contracts on
Central Bank Settles U.S.$180 Million Futures Contract
AllAfrica.com / Posted 22 hours ago
The Central Bank of Nigeria (CBN) wednesday settled OTC FX futures contracts on the interbank market to the tune of $180 million. The FMDQ OTC Securities Exchange said the transaction settlement followed the maturity of the "third OTC Futures... Read more
23h
AllAfrica.com
Falana Rejects Soludo's Defence On Allocation of $7 Billion to 14 BanksA human rights lawyers, Mr. Femi Falana, wednesday rejected the defence of the
Falana Rejects Soludo's Defence On Allocation of $7 Billion to 14 Banks
AllAfrica.com / Posted 23 hours ago
A human rights lawyers, Mr. Femi Falana, wednesday rejected the defence of the former Central Bank of Nigeria (CBN) Governor, Prof. Charles Soludo, on how the apex bank under his leadership removed $7 billion from the country's foreign reserves and... Read more
23h
AllAfrica.com
Naira Crashes to N465/ U.S.As Naira came under fresh pressures in the parallel market Wednesday, the Centr
Naira Crashes to N465/ U.S.
AllAfrica.com / Posted 23 hours ago
As Naira came under fresh pressures in the parallel market Wednesday, the Central Bank of Nigeria, CBN, issued more directives restricting usage of domiciliary accounts by bank customers, apparently to stem the pressures and improve official supply... Read more
23h
AllAfrica.com
Which Way Out of This Recession?enough that it was inheriting a terrible economy. Even as far back as Prof. Cha
Which Way Out of This Recession?
AllAfrica.com / Posted 23 hours ago
enough that it was inheriting a terrible economy. Even as far back as Prof. Charles Soludo's days as the Governor of the Central Bank of Nigeria CBN, the free fall of the Naira had already begun in earnest, to the extent that Soludo seriously... Read more
1d
AllAfrica.com
Group Endorses CBN's Anti-Recession StrategiesThe strategies adopted by the Central Bank of Nigeria in tackling recession fac
Group Endorses CBN's Anti-Recession Strategies
AllAfrica.com / Posted yesterday
The strategies adopted by the Central Bank of Nigeria in tackling recession facing the country is capable of redeeming the country's economy from the woods, the Arewa Youth Forum (AYF) has said. The youth group said the CBN Governor Godwin Emefiele... Read more
1d
AllAfrica.com
Maternal Mortality - Emir Sanusi Task Traditional Leaders On Complementing Govtin Nigeria to compliment government efforts towards reducing the the rate of ma
Maternal Mortality - Emir Sanusi Task Traditional Leaders On Complementing Govt
AllAfrica.com / Posted yesterday
in Nigeria to compliment government efforts towards reducing the the rate of maternal mortality in the country. The former Central Bank of Nigeria (CBN) governor gave the charge at a 2-day retreat for traditional rulers from Kano state held in... Read more
1d
AllAfrica.com
Oronsanye's Corruption Trial Adjourned to September 29official account with the Zenith Bank by the presidency. He said that Mr. Oron
Oronsanye's Corruption Trial Adjourned to September 29
AllAfrica.com / Posted yesterday
official account with the Zenith Bank by the presidency. He said that Mr. Oronsaye also presented the same request to Central Bank of Nigeria and was also paid. Mr. Bello said also that when Mr. Oronsaye wanted to open the account, the... Read more
1d
AllAfrica.com
Nigeria and United Kingdom On Looted AssetsBuhari responsible and accountable. It is strongly advised that government shou
Nigeria and United Kingdom On Looted Assets
AllAfrica.com / Posted yesterday
Buhari responsible and accountable. It is strongly advised that government should open country-by-country account at the Central Bank of Nigeria (CBN) where recovered assets should be warehoused pending their disposal on publicly agreed qualified... Read more
1d
AllAfrica.com
Averting an Economic Meltdown Via the Right Type of Assetthen few will bother to invest in anything real. They would rather borrow Naira
Averting an Economic Meltdown Via the Right Type of Asset
AllAfrica.com / Posted yesterday
then few will bother to invest in anything real. They would rather borrow Naira at low interest rates to chase Central Bank of Nigeria (CBN) dollars at N320/$1 with the aim of importing goods to sell to consumers at an effective rate of... Read more
3 related stories
1d
AllAfrica.com
Obasanjo - Govt Needs to Spend Less, Earn More, Borrow Way Out of Recessionhardship. According to him, the Nigerian National Petroleum Corporation (NNPC)
Obasanjo - Govt Needs to Spend Less, Earn More, Borrow Way Out of Recession
AllAfrica.com / Posted yesterday
hardship. According to him, the Nigerian National Petroleum Corporation (NNPC) was run as a personal fiefdom and even the Central Bank of Nigeria (CBN) was run in the same manner, saying: "They (government officials) write notes to the central... Read more
3 related stories
1d
AllAfrica.com
Sale of Assets As Dangerous Policy Myopia?(under privatization programme) and does anyone remember what we did with the p
Sale of Assets As Dangerous Policy Myopia?
AllAfrica.com / Posted yesterday
(under privatization programme) and does anyone remember what we did with the proceeds? At some point, this country must start learning and not repeat the same mistake year in year out. Soludo is former governor of the Central Bank of Nigeria (C... Read more
1d
iol.co.za
Reborn Russian Ponzi scheme scams Africansand South Africa – and indeed the original MMM scheme – a branch is now proving
Reborn Russian Ponzi scheme scams Africans
iol.co.za / Posted yesterday
and South Africa – and indeed the original MMM scheme – a branch is now proving increasingly popular in Nigeria. The Central Bank of Nigeria has been forced to step in, warning consumers not to deposit money in any institution that is not... Read more
1d
AllAfrica.com
NCAA to Meet Foreign Airlines Over Naira Rejection for Transactionson how to repatriate funds to the tune of $600 million. The introduction of for
NCAA to Meet Foreign Airlines Over Naira Rejection for Transactions
AllAfrica.com / Posted yesterday
on how to repatriate funds to the tune of $600 million. The introduction of foreign exchange flexible policy by the Central Bank of Nigeria (CBN) notwithstanding, a substantial part of the fund remains stuck till date. Sources said the... Read more
1d
AllAfrica.com
2019 General Elections in Danger, Says Senatebankers (Standard Chartered Bank) within the regulatory period of 24 hours of t
2019 General Elections in Danger, Says Senate
AllAfrica.com / Posted yesterday
bankers (Standard Chartered Bank) within the regulatory period of 24 hours of the inflow." Melaye further alleged that the Central Bank of Nigeria (CBN) was not notified of this inflow by Standard Chartered Bank within 48 hours of receipt and... Read more
1d
AllAfrica.com
Investors Blame Market Woes On Govt PoliciesCapital market stakeholders have bemoaned government economic policies, especia
Investors Blame Market Woes On Govt Policies
AllAfrica.com / Posted yesterday
Capital market stakeholders have bemoaned government economic policies, especially the recent decision by the Central Bank of Nigeria (CBN) to retain interest rate at 14 per cent, They said that the policy was disincentive to investment for both... Read more
1d
AllAfrica.com
Banks Remain Strong, CBN Tells AfreximbankThe Central Bank of Nigeria (CBN) has reiterated that the nation's Deposit Mone
Banks Remain Strong, CBN Tells Afreximbank
AllAfrica.com / Posted yesterday
The Central Bank of Nigeria (CBN) has reiterated that the nation's Deposit Money Banks are strong despite the ongoing challenges in the foreign exchange market. CBN Governor, Godwin Emefiele, at the third quarterly meetings of the Board of Directors... Read more
1d
AllAfrica.com
Crisis Brews in FCE, Zaria Over Fraud in Students' Feesstudents and additional 82 were found not to have paid their fees into the coll
Crisis Brews in FCE, Zaria Over Fraud in Students' Fees
AllAfrica.com / Posted yesterday
students and additional 82 were found not to have paid their fees into the college's Treasury Single Account (TSA) with the Central Bank of Nigeria. The management has set up a committee under my chairmanship, and we are investigating the... Read more
2 related stories
1d
AllAfrica.com
Senate Asks Buhari to Dialogue With Militants, Rejects Sale of National Assetssenators from the zone. The Senate also adopted the recommendation urging the
Senate Asks Buhari to Dialogue With Militants, Rejects Sale of National Assets
AllAfrica.com / Posted yesterday
senators from the zone. The Senate also adopted the recommendation urging the President to reconstitute Board of the Central Bank of Nigeria, CBN, and all other critical agencies, to ensure they operate in accordance with enabling laws. To... Read more
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1d
AllAfrica.com
How Govt Plans to Sell National AssetUnion Congress (TUC) said the proposal was "a self-destructive move". Prominen
How Govt Plans to Sell National Asset
AllAfrica.com / Posted yesterday
Union Congress (TUC) said the proposal was "a self-destructive move". Prominent Nigerians, including former governor of Central Bank of Nigeria (CBN), Chukwuma Soludo, have also voiced criticisms against the proposal. Mr. Soludo said the... Read more
1d
AllAfrica.com
Survey Reveals Increase in Credit in Third Quarteravailability to households, small businesses and corporate entities, compared w
Survey Reveals Increase in Credit in Third Quarter
AllAfrica.com / Posted yesterday
availability to households, small businesses and corporate entities, compared with the previous quarter. The report by the Central Bank of Nigeria (CBN) also showed that spread on overall secured and unsecured lending to households widened in Q3,... Read more
1d
AllAfrica.com
Senate Rejects Sale of National Assetswho had satisfactorily completed their jobs. The Senate also urged the preside
Senate Rejects Sale of National Assets
AllAfrica.com / Posted yesterday
who had satisfactorily completed their jobs. The Senate also urged the president to reconstitute the board of the Central Bank of Nigeria (CBN) and all other critical agencies and review the implementation of the Treasury single account... Read more
2d
AllAfrica.com
Senate Probes Money Laundering Allegation Against Minister, MTNoffshore SPVs (special purpose vehicles) in Cayman Island, Mauritius and Britis
Senate Probes Money Laundering Allegation Against Minister, MTN
AllAfrica.com / Posted 2 days ago
offshore SPVs (special purpose vehicles) in Cayman Island, Mauritius and British Virgin Island". Mr. Melaye said the Central Bank of Nigeria was not also notified of the capital flight within 48 hours required by regulations. He said in... Read more
2d
AllAfrica.com
How Buhari Helped Nigeria Into Recession and How He Can Take Us Out of Itof the Nigerian economy to prevent the present crisis. On the policy front, Pr
How Buhari Helped Nigeria Into Recession and How He Can Take Us Out of It
AllAfrica.com / Posted 2 days ago
of the Nigerian economy to prevent the present crisis. On the policy front, President Buhari intimidated and blocked the Central Bank of Nigeria from performing its statutory duties of independently responding to challenges in the foreign... Read more
2d
AllAfrica.com
Buhari Not Keen On Asset Sale, for Soludo, It Will Be a Historic Mistakerecession in the country. Buhari's position which he has kept very close to hi
Buhari Not Keen On Asset Sale, for Soludo, It Will Be a Historic Mistake
AllAfrica.com / Posted 2 days ago
recession in the country. Buhari's position which he has kept very close to his chest, came to light just as a former Central Bank of Nigeria (CBN) Governor, Prof. Chukwuma Charles Soludo, faulted the proposal that has been flaunted by members... Read more
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2d
AllAfrica.com
Suspect in N8 Billion Currency Scam Seeks Plea Bargainthe other accused persons facing trial include Kolawole Babalola, Olaniran Adeo
Suspect in N8 Billion Currency Scam Seeks Plea Bargain
AllAfrica.com / Posted 2 days ago
the other accused persons facing trial include Kolawole Babalola, Olaniran Adeola and Togun Philip, all former staff of the Central Bank of Nigeria. "I shall give the opportunity to know the content of the plea bargain and whether it affects their... Read more
2 related stories
2d
AllAfrica.com
Union Homes Depositors Seek CBN's Intervention Over Trapped Fundsare wallowing in serious lack and want are lamenting their relationship with th
Union Homes Depositors Seek CBN's Intervention Over Trapped Funds
AllAfrica.com / Posted 2 days ago
are wallowing in serious lack and want are lamenting their relationship with the ‎bank, pleading for intervention by the Central Bank of Nigeria (CBN) to bail them out of the problem. The customers, who shared their experience with journalists... Read more
2d
AllAfrica.com
Nigeria Summit to Address Billions Lost to CybercriminalsCyberXchange Conference 2016 include powerhouses, IBM, Interswitch, Ernst & You
Nigeria Summit to Address Billions Lost to Cybercriminals
AllAfrica.com / Posted 2 days ago
CyberXchange Conference 2016 include powerhouses, IBM, Interswitch, Ernst & Young, UBER, Belverdere, PAGA, Digital Encode, Central Bank of Nigeria, Liberia Telecommunications Authority, Facebook, Co-Creation Hub, DeltaGRiC Consulting, ERPScan,... Read more
2d
AllAfrica.com
NCC Rakes in Over N47 Billion in Spectrum Sales in One Yearof the Federation (AGF) for not crediting remittances of N80 billion paid by MT
NCC Rakes in Over N47 Billion in Spectrum Sales in One Year
AllAfrica.com / Posted 2 days ago
of the Federation (AGF) for not crediting remittances of N80 billion paid by MTN to the Federation Account through the Central Bank of Nigeria (CBN) Fielding questions from journalists at a media interactive session in Abuja, the NCC boss,... Read more
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2d
AllAfrica.com
Emirates Rejects Naira in Payment for FlightAuthority (NCAA) then warned all airlines to desist from the act which it descr
Emirates Rejects Naira in Payment for Flight
AllAfrica.com / Posted 2 days ago
Authority (NCAA) then warned all airlines to desist from the act which it described as a flagrant contravention of the Central Bank of Nigeria (CBN)'s "prerequisite guiding cost of products or services in Nigeria." The apex bank insisted that... Read more
2d
AllAfrica.com
Sale of Assets As Dangerous Policy Myopia?are littered everywhere with a recession, escalating unemployment and factory c
Sale of Assets As Dangerous Policy Myopia?
AllAfrica.com / Posted 2 days ago
are littered everywhere with a recession, escalating unemployment and factory closures, rising inflation and poverty. Now we have started to make. Charles Soludo is former Governor Central Bank of Nigeria and now CEO African Heritage Ins... Read more
2d
AllAfrica.com
N8.5 Billion Scam - Accused Opts for Plea BargainingAs the case involving three staff of the Central Bank of Nigeria, CBN and some
N8.5 Billion Scam - Accused Opts for Plea Bargaining
AllAfrica.com / Posted 2 days ago
As the case involving three staff of the Central Bank of Nigeria, CBN and some commercial banks over alleged stealing of over N8.5 billion continues, one of the accused persons, Oni Adewale Dolapo has opted for plea bargaining to be let off the... Read more
2 related stories
2d
AllAfrica.com
Letter to My Countrymen - Averting an Economic Meltdown Via the Right Type of Asset Salesthen few will bother to invest in anything real. They would rather borrow Naira
Letter to My Countrymen - Averting an Economic Meltdown Via the Right Type of Asset Sales
AllAfrica.com / Posted 2 days ago
then few will bother to invest in anything real. They would rather borrow Naira at low interest rates to chase Central Bank of Nigeria (CBN) dollars at N320/$1 with the aim of importing goods to sell to consumers at an effective rate of... Read more
3 related stories
2d
AllAfrica.com
Sale of NLNG, Refineries, Others Attract More Discordant Tunespresent economic woes, but would plunge the country deeper into the crisis. Ek
Sale of NLNG, Refineries, Others Attract More Discordant Tunes
AllAfrica.com / Posted 2 days ago
present economic woes, but would plunge the country deeper into the crisis. Ekpo, an economist, a former Director of the Central Bank of Nigeria, CBN, was also former Vice Chancellor of the University of Uyo. WAIFEM was established by the... Read more
2 related stories
2d
AllAfrica.com
FCT Minister to Co-Host Leadership Oct 6 AwardsMarshal/CEO of Federal Road Safety Commission (FRSC), Managing Director of Inte
FCT Minister to Co-Host Leadership Oct 6 Awards
AllAfrica.com / Posted 2 days ago
Marshal/CEO of Federal Road Safety Commission (FRSC), Managing Director of Intelsat Nigeria Limited, Mr Simone Volpi, the Central Bank of Nigeria (CBN), Dangote Cement, Heritage Bank, Access Bank, SystemSpecs, Zenith Bank, Chibok Girls, the Golden... Read more
2d
AllAfrica.com
EFCC Recovers Over 1 Billion Naira in Sthat reported their cases to the EFCC whom their money have been returned." Sa
EFCC Recovers Over 1 Billion Naira in S
AllAfrica.com / Posted 2 days ago
that reported their cases to the EFCC whom their money have been returned." Salihu added: "We have Recovery Account at the Central Bank of Nigeria. The last time I checked, we have recovered from politicians over five hundred and fifty five million... Read more
2d
AllAfrica.com
Date Return On Investment Down By 1.5 Percentand Livestock topped the losers chart. It will be recalled that despite the un
Date Return On Investment Down By 1.5 Percent
AllAfrica.com / Posted 2 days ago
and Livestock topped the losers chart. It will be recalled that despite the unchanged Monetary Policy Rate, MPR by the Central Bank of Nigeria, CBN, in the last Monetary Policy Committee meeting, investors in the stock market, last week gained... Read more
3d
AllAfrica.com
ACF Warns Against Sale of Assets, Governors Lend Supportsome of the holding of the federal government in some of its assets," Tambuwal
ACF Warns Against Sale of Assets, Governors Lend Support
AllAfrica.com / Posted 3 days ago
some of the holding of the federal government in some of its assets," Tambuwal said. Meanwhile, former governor of the Central Bank of Nigeria (CBN), Prof Charles Soludo, also advised the federal government not to resort to sale of assets, as... Read more
3d
AllAfrica.com
CBN Chief Says Selling Nation's Assets Will Further Restrict IncomeDr Titus Okunronmu, a former Director in the Budgetary Department, Central Bank
CBN Chief Says Selling Nation's Assets Will Further Restrict Income
AllAfrica.com / Posted 3 days ago
Dr Titus Okunronmu, a former Director in the Budgetary Department, Central Bank of Nigeria (CBN), has said sale of the country's assets to boost the economy will further restrict income. Okunronmu told the News Agency of Nigeria (NAN) in Ota, Ogun,... Read more
3d
AllAfrica.com
Suspect Involved in Currency Scam Seeks Plea Bargainthe other accused persons facing trial include Kolawole Babalola, Olaniran Adeo
Suspect Involved in Currency Scam Seeks Plea Bargain
AllAfrica.com / Posted 3 days ago
the other accused persons facing trial include Kolawole Babalola, Olaniran Adeola and Togun Philip, all former staff of the Central Bank of Nigeria. "I shall give the opportunity to know the content of the plea bargain and whether it affects their... Read more
2 related stories
3d
AllAfrica.com
Nerfund, NDE Partner On Recovery of N17 Billion MSMEs' LoansSmall and Medium Enterprises Development Agency of Nigeria (SMEDAN) and Enterpr
Nerfund, NDE Partner On Recovery of N17 Billion MSMEs' Loans
AllAfrica.com / Posted 3 days ago
Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and Enterprise Development Centres (EDCs), under the Central Bank of Nigeria (CBN). A total of 420 micro enterprises valued at N711.48million were funded through the NPIs. They... Read more
3d
AllAfrica.com
Stakeholders Set Agenda for New Electricity Boardto the regulator. The regulator needs to have a robust data management process
Stakeholders Set Agenda for New Electricity Board
AllAfrica.com / Posted 3 days ago
to the regulator. The regulator needs to have a robust data management process that actually gives it real information. The Central Bank of Nigeria (CBN) is a regulator and does not depend on data from banks to run its checks. Their data set... Read more
3d
AllAfrica.com
'Only Operators With Deep Pockets and Competency Will Survive Deregulation'are producing the crude oil, and agreed with them about a certain portion of th
'Only Operators With Deep Pockets and Competency Will Survive Deregulation'
AllAfrica.com / Posted 3 days ago
are producing the crude oil, and agreed with them about a certain portion of their proceeds which they hitherto sell to Central Bank of Nigeria (CBN). This is so that the apex bank can help them sell and exchange for naira, those proceeds will... Read more
3d
AllAfrica.com
Economy Loses N6.33 Trillion to Naira Devaluationbetween December 2014 and 2015, eroding naira value, as well as pushing the sov
Economy Loses N6.33 Trillion to Naira Devaluation
AllAfrica.com / Posted 3 days ago
between December 2014 and 2015, eroding naira value, as well as pushing the sovereign debt stock to ₦12.12 trillion. The Central Bank of Nigeria (CBN) had in November 2014, tactically devalued the naira and barely three months later, it devalued... Read more
3d
AllAfrica.com
Sterling Bank Backs Made-Nigeria FestivalSeptember 26 and October 1st, 2016 at the Eko Atlantic City The Vice President
Sterling Bank Backs Made-Nigeria Festival
AllAfrica.com / Posted 3 days ago
September 26 and October 1st, 2016 at the Eko Atlantic City The Vice President, Prof. Yemi Osibajo; the Governor of the Central Bank of Nigeria , Godwin Emefiele; Director General, Budget Office of the Federation , Mr. Ben Akabueze; Senior... Read more
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