Tag:CBN

Emefiele to sue Tinubu’s special investigator

A former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has described the report of the Special Investigator appointed by President Bola...

Customers of closed banks get over N1.7bn

Nigeria Deposit Insurance Corporation (NDIC) says it has paid insured sum of over N1.7 billion to customers, following the revocation of licenses of Microfinance...

Infracorp secures 1 Gigawatt solar PV Manufacturing plant in Nigeria

The Nigerian government has taken a significant step towards addressing the country's power challenges by signing a historic memorandum of understanding (M.O.U.) to launch...

CBN releases $340.84m to Nigerians schooling abroad in six months

Nigerians seeking admissions to foreign universities spent $340.84m to fund their application between January and June 2023, findings by the PUNCH have shown. This figure...

I would have devalued Naira — Peter Obi

The candidate of the Labour Party in the February 2023 Presidential election, Peter Obi has stated he would have devalued the currency if he...

Fuel subsidy removal to push 7.1m Nigerians to poverty — World Bank

The World Bank has stated that Nigeria has one of the highest inflation rates, which pushed an estimated four million people into poverty between...

CBN, Bill Gates to collaborate on financial inclusion

The Central Bank of Nigeria (CBN), and the Bill and Melinda Gates Foundation (BMGF) have finalised arrangements for collaboration on financial inclusion. According to a...

Why CBN asked banks to obtain customers’ social handles

The Central Bank of Nigeria has mandated Financial Institutions to obtain the social media handle, e-mail addresses, telephone numbers, residential addresses, and more of...

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Wild Jubilation in Enugu as Ekweremadu’s wife, Beatrice Returns from UK Prison

There was wild jubilation in Enugu State as Mrs. Beatrice Ekweremadu, wife of former Deputy Senate President, Senator Ike...
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INEC Laments Cost of By-Elections, Seeks Alternatives

The Independent National Electoral Commission (INEC) has expressed concern over the high cost of by-elections and called for the...

How Troops Eliminated Bello Turji’s Second-in-Command, Others

Troops from Operation Fassan Yamma have successfully neutralised Bello Turji's second-in-command, Aminu Kanawa, along with 24 other terrorists, following...

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Wild Jubilation in Enugu as Ekweremadu’s wife, Beatrice Returns from UK Prison

There was wild jubilation in Enugu State as Mrs....

INEC Laments Cost of By-Elections, Seeks Alternatives

The Independent National Electoral Commission (INEC) has expressed concern...