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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...
Business

Ex-CBN Gov, Emefiele arraigned, pleads not guilty

Ali Adoyi -
The Immediate past governor of the Central Bank of Nigeria, CBN, Godwin Emefiele on Tuesday, said he was not guilty of firearm charge brought...
Economy

Emefiele charges to court over allege possession of firearm

Ali Adoyi -
The Federal Government has filed a two-count charge of illegal possession of firearms and ammunition against the suspended Central Bank of Nigeria Governor, Godwin...
Economy

DSS obeys court order, charges Emefiele

Ali Adoyi -
The Department of State Services, DSS, has obeyed a court order directing it to charge the suspended Governor of the Central Bank of Nigeria,...
Headlines

Emefiele: Court gives new order, issues ultimatum for release of former CBN boss

Ali Adoyi -
Justice Hamza Muazu of the High Court of the Federal Capital Territory FCT has issued a one week ultimatum to the Department of the...
Headlines

Galadima calls for sack of Yakubu, says INEC boss worse than Emefiele

David Abakpa -
A chieftain of the New Nigeria People’s Party (NNPP),  Buba Galadima, has called on President Bola Tinubu to sack the chairman of the Independent...
Business

CBN makes more policy changes, removes restriction from domiciliary accounts

David Abakpa -
The Central Bank of Nigeria, CBN, has again made more policy changes. According to the Director of Corporate Communications, Dr Isa AbdulMumin, the policy changes...
Economy

CBN lifts restrictions on domiciliary account operations

David Abakpa -
The Central Bank of Nigeria (CBN) has lifted restrictions placed on domiciliary accounts limiting individuals' operations. The lift was contained in a “further guidance on...
Business

IMF drums support for CBN’s exchange rate unification policy

David Abakpa -
The International Monetary Fund (IMF) on Friday expressed support for the Central Bank of Nigeria (CBN’s) exchange rate unification policy. The Nation report claimed the...
Business

Banks now free to trade forex at any rate – CBN

Ali Adoyi -
The Central Bank of Nigeria has announced that commercial banks can now go ahead to freely trade foreign exchange at any rate they prefer. This...
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