The Naira crisis in Nigeria has worsened as the amount of currency-in-circulation in the economy has dropped from N3.3 trillion to N1.54 trillion, as revealed by…
Browsing: Godwin Emefiele
Governor of the Central Bank of Nigeria, Godwin Emefiele, has disclosed that commercial banks must accept the old Naira notes even after the expiration of the…
The Central Bank of Nigeria (CBN) has extended the deadline for the use of the old notes till February 10. https://twitter.com/cenbank/status/1619670908922208260?t=u5z_t1voXrAqzEClbJFs4A&s=19 CBN Governor, Godwin Emefiele, announced…
Senior Advocate of Nigeria (SAN) and Rights Activist, Femi Falana, has established that Emefiele’s involvement in partisan politics will breach the sovereignty of the apex bank.…
Nigerian banks’ credit to the private sector grew by 4.23 per cent MoM to N36.9 trillion last month from N35.4 trillion in January 2022, data from…
The Open Market Operation auctions at the Central Bank of Nigeria has dropped by 67% in the first two months of 2022, a sharp contrast to…
Five top commercial banks in Nigeria have reportedly paid a total sum of N1.4bn as penalties to financial regulatory bodies in the first half of the…
The Central Bank of Nigeria (CBN), on Tuesday, held the Monetary Policy Rate (MPR) at 11.5 per cent and retained the Cash Reserves Ratio at 27.5…
Nigeria’s central bank governor, Godwin Emefiele, has said the West African nation must discontinue its heavy dependence on crude oil for public revenue and foreign exchange.…
The Monetary Policy Committee of Nigeria’s Central Bank (CBN) has retained key lending rates at 11.5 percent. CBN Governor, Godwin Emefiele, announced this on Tuesday, saying…