Tag:Central Bank of Nigeria

Expert faults Cardoso, CBN over hike in interest rate

Mr Daniel Akeju, an advisor and treasury manager has faulted the Central Bank of Nigeria (CBN) recent increase in the Monetary Policy Rate (MPR)...

UBA, Zenith Bank, 2 others delay in filing 2023 results

Four banks have disclosed that they will delay the filing of their audited results for 2023. The United Bank for Africa, Zenith Bank, Stanbic IBTC...

Naira appreciates by 1.5% against dollar, now N1,431.49/$

The Naira experienced a slight appreciation at the official market, trading at N1,431.49 to a dollar on Friday. Data from the official trading platform of...

Naira appreciates against dollar, now N1450/$

The naira, on Wednesday, appreciated to N1,450 per dollar at the parallel section of the foreign exchange (FX) market. The currency appreciated from N1,600 recorded...

MPR: Obaseki blasts CBN, warns of tougher times ahead

The Edo State Governor, Mr. Godwin Obaseki, has predicted tougher economic times for the country due to bad economic policies by the Federal Government,...

Senate to probe Buhari, Emefiele over N30tn CBN loans

The Senate on Tuesday resolved to probe how the N30tn Ways and Means loans of the Central Bank of Nigeria was obtained and spent...

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, 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...

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Nigeria’s Amanda Amaeshi named UK Changemaker 2024

Miss Amanda Amaeshi, an award-winning activist and campaigner, has been named My Life My Say’s ‘Changemaker of the Year’...
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Tinubu presents 2025 budget, says inflation will drop from 34.6% to 15% next year

President Bola Tinubu on Wednesday, presented a total budget of N49.7tn to the joint session of the National Assembly. The...

Nyesom Wike: Changing the narrative in FCT

By Rachel Usman The Federal Capital Territory (FCT) is home to many exemplary individuals who embody the nation’s potential for...

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Nigeria’s Amanda Amaeshi named UK Changemaker 2024

Miss Amanda Amaeshi, an award-winning activist and campaigner, has...

Tinubu presents 2025 budget, says inflation will drop from 34.6% to 15% next year

President Bola Tinubu on Wednesday, presented a total budget...