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African News

No plan to redenominate Naira – CBN

Ali Adoyi -
The Central Bank of Nigeria (CBN) says it has no be plans to redenominate Nigeria’s legal tender, the Naira. CBN’s Director, Corporate Communications Department, Isa...
Headlines

New CBN Gov, Cardoso reveals likely achievement in 8 years

Ali Adoyi -
The newly confirmed Central Bank of Nigeria, CBN, Governor, Dr. Olayemi Cardoso has revealed that in 8 years, he will take the country’s Gross...
Business

Senate confirms Olayemi Cardoso as CBN Governor, others

Ali Adoyi -
The Senate has confirmed Mr Olayemi Cardoso as Governor of the Central Bank of Nigeria, CBN. The confirmation came of Tuesday at plenary. Other nominees who...
African News

BREAKING: Tinubu appoints Michael Cardoso CBN Governor

Ali Adoyi -
Dr Olayemi Michael Cardoso has been appointed by President Bola Tinubu as the new Governor of the Central Bank of Nigeria (CBN). Cardoso is to...
African News

DSS reportedly nabs, quizzes CBN Deputy Gov, Ahmad 

Ali Adoyi -
The Department of State Security Service, DSS, has reportedly arrested the Deputy Governor of the Central Bank of Nigeria, Aisha Ahmad. Report claims the arrest...
African News

Nigeria reels out new guidelines for BDC operators

Ali Adoyi -
The Central Bank of Nigeria (CBN) on Friday unveiled some new operational guidelines for forex sales by Bureau de Change (BDC) operators in the...
Economy

BREAKING: Emefiele returned to DSS, as arraignment on fresh 20-count criminal charges stalls

Ali Adoyi -
The planned arraignment of the suspended Governor of the Central Bank of Nigeria CBN, Godwin Emefiele failed at the Federal Capital Territory High Court,...
Economy

CBN to introduce new measures to stabilise naira against dollar

David Abakpa -
The Central Bank of Nigeria (CBN) has said it is set to take new measures to stabilise the naira against the dollar. Acting Governor of...
Business

DSS continues to detain Emefiele despite court order, returns ex-CBN boss to custody

Ali Adoyi -
Despite order by the Federal High Court sitting in Lagos, the Department of State Services, DSS, has further detained the suspended governor of the...
Business

BREAKING: Again, CBN raises Monetary Policy Rate

Ali Adoyi -
The Central Bank of Nigeria (CBN) Tuesday raised the Monetary Policy Rate (MPR) by 25 basis points to 18.75 per cent from the previous...
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