Tag:CBN

Business

What you should know about Acting CBN governor, Folashodun Adebisi Shonubi

President Bola Ahmed Tinubu on Friday ordered Mr. Folashodun Adebisi Shonubi to act as the governor of the Central Bank of Nigeria, CBN, following...
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Business

CBN raises baseline lending rate to 18.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 18.5 per cent from...
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Business

FULL LIST: CBN revokes licences of 179 microfinance banks, 4 mortgage banks, 3 others

The licences of 179 microfinance banks, four primary mortgage banks and three finance companies have been revoked by the Central Bank of Nigeria, CBN. The...
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News

Supreme Court extends use of old Naira till Dec 31

The Supreme Court on Friday ordered the Federal Government to allow the old Naira notes to continue as legal tender until Dec. 31, 2023. In...
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Business

APC kicks against Naira redesign, asks Buhari to obey Supreme Court

The All Progressives Congress (APC) has called on the Attorney General of the Federation and the Governor of the Central Bank of Nigeria (CBN)...
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For the record

President Buhari’s speech on Currency Swap, State of the Nation

NATIONAL BROADCAST BY HIS EXCELLENCY MUHAMMADU BUHARI, PRESIDENT, FEDERAL REPUBLIC OF NIGERIA ON THE CHALLENGES OF THE CURRENCY SWAP AND STATE OF THE NATION,...
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News

Naira Crisis: Buhari extends validity of Old N200 Note Till April 10

President Muhammadu Buhari has extended the validity of the old N200 notes till April 10, 2023. The president announced this in a national broadcast on...
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Business

Naira Scarcity: Supreme Court dashes hope, adjourns hearing

The Supreme Court fixes Feb.22 for the hearing of the suites filled by some State Governors against the Federal Government over the cashless policy...
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Latest news

Business

Forbes Billionaire Index: Dangote, Adenuga Gain, Rabiu Loses

Foremost Nigerian businessman and industrialist, Aliko Dangote has recorded major gain in his wealth while Abdul Samad Rabiu saw...
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Business

Industrialization key to diversification of the economy – Dangote

The Pan-African Conglomerate, Dangote Industries Limited (DIL) has emphasized the crucial role of industrialization in diversifying the economy. The Regional...
Health

Cybersecurity Expert, Dr. Ibrahim Waziri Jr, others appointed into FG’s Digital Health Committee

The Nigerian Federal Government has taken a significant step towards digitizing and transforming its healthcare sector by appointing a...

Must read

Business

Forbes Billionaire Index: Dangote, Adenuga Gain, Rabiu Loses

Foremost Nigerian businessman and industrialist, Aliko Dangote has recorded...
Business

Industrialization key to diversification of the economy – Dangote

The Pan-African Conglomerate, Dangote Industries Limited (DIL) has emphasized...
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