The Department of State Services, or DSS, has detained Godwin Emefiele, the Central Bank of Nigeria’s suspended governor. Emefiele had already been sent on...
Godwin Emefiele, the governor of the central bank, has been immediately removed from his position by President Bola Tinubu. This was revealed Friday night...
In February 2023, the Federal Government experienced a significant increase of 22.8 percent in deficit spending compared to previous months which can be attributed to...
The House of Representatives Committee on Aviation has decided to postpone its investigative hearing regarding the contentious launch of Air Nigeria, the national carrier, under...
The Central Bank of Nigeria (CBN) has refuted claims of devaluing the. Earlier reports suggested that the CBN had devalued the Naira, lowering its...
During the first quarter of 2023 (Q1’23), banks in Nigeria witnessed a significant increase in their borrowings from the Central Bank of Nigeria (CBN) through...
The Senate is currently in an emergency plenary to discuss the amendment of the Central Bank of Nigeria Act, 2004. Originally, the plenary was...
The Manufacturers Association of Nigeria (MAN) has expressed concerns regarding the recent increase in the Monetary Policy Rate (MPR), which is Nigeria’s benchmark interest rate,...
Godwin Emefiele, the Governor of the Central Bank of Nigeria, has revealed that the Dangote Group has effectively reimbursed 70 percent of the loans granted...
The Central Bank of Nigeria (CBN) has released a statement today clarifying that Bank Verification Number (BVN) issued in Nigeria does not have an expiration...
