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CBN Governor

Kola Ologbondiyan

N60 billion mint: PDP demands sack of finance minister

The Peoples Democratic Party, PDP, has called for the sack of Finance Minister, Zainab Ahmed, over what it described as an attempt to mislead Nigerians.

CBN projects inaugurated at Naval College

Seven multimillion-naira Central Bank of Nigeria (CBN) intervention projects, which include President Muhammadu Buhari Administration Block, have been inaugurated at the Navy Finance and Logistic College, Owerrinta in Abia State.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN sensitizes Nigerians on products, policies

Speaking at the fair with the theme: Promoting Financial Stability and Economic Development at Sultan Maccido Quranic institute, Sokoto, the CBN Governor Mr Godwin Emefiele said this was to enlighten the general public about the products and interventions of the bank to grow the nation’s economy.
MTN Nigeria Plc (MTN) has announced the trial of e-SIM services on its network based on approvals received from the Federal Government.

USSD: Relief for customers as MTN, banks resolve differences

Some Nigerians customers can now heave a sigh of relief days after they were locked out from accessing their bank accounts for airtime vending on the network of MTN Nigeria as the telecom network operator and its banking partners have agreed to sheath their swords on the Unstructured Supplementary Service Data (USSD) channels services restriction and commission.
Bitcoin hit a record-high above $43,000 on Monday after electric carmaker Tesla invested $1.5 billion in the digital currency.

Revisiting CBN ban on cryptocurrency transactions

On February 5, the Central Bank of Nigeria (CBN) released a circular addressed to banks and other financial institutions with the directive that transactions in cryptocurrencies and facilitating payment for cryptocurrency exchanges were prohibited.

PDP condemns attack on ex-CBn governor, urges security beef up in Anambra

Peoples Democratic Party (PDP) has condemned the recent attack on the former Central Bank of Nigeria Governor, Chief Chukwuma Charles Soludo, describing it as callous, intimidation and unnecessary.
The Comptroller General of Nigerian Customs Service (NCS), Col Hameed Ali (Rtd), has said that most vehicles imported into the country were rickety.

Customs boss: Most vehicles imported into Nigeria are rickety

The Comptroller General of Nigerian Customs Service (NCS), Col Hameed Ali (Rtd), has said that most vehicles imported into the country were rickety. Ali disclosed this while appearing before the House of Representatives Committee on...
The Senate has described as “erroneous” report that it approved fresh loan of N850 billion at the plenary on Tuesday.

Senate gives CBN governor 72 hours ultimatum to appear over ‘missing $9.5 million’

The Senate has given the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, an ultimatum of seventy-two hours to appear before it to explain. what led to the alleged disappearance of $9.5m interest accrued from Petroleum Profit Tax (PPT) investment.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN: We’ve disbursed N1.5 trillion to Nigerian farmers

The CBN Governor, Godwin Emefiele, made this known while presenting the communiqué on the Monetary Policy Committee (MPC) meeting held on Monday and Tuesday in Abuja.
The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit in commercial banks grew by 7.61 percent in October 2020, compared with 7.35 percent in the previous month.

Nigeria’s central bank retains lending rate

The Central Bank of Nigeria has retained the policy rate at 11.5 per cent despite the country’s three-year high inflation, a decision it said sought to ensure a balance between the need for price stability and growth.
The House of Representatives, Tuesday, intervened in the conflict between telecommunication companies and banks over N42billion debts from Unstructured Supplementary Service Data(USSD).

House summons COAS, CBN governor over arms purchase

The House of Representatives ad hoc Committee on Arms and Ammunition has summoned the Chief of Army Staff (COAS), Lt.-Gen. Attahiru Ibrahim, and the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, to appear before it and clarify issues and as well as account for the monies released for the purchase of arms by the Nigerian Army.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN governor: Nigeria needs solid digital economy

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said Nigeria needs to build a solid digital economy to further drive growth.
The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit in commercial banks grew by 7.61 percent in October 2020, compared with 7.35 percent in the previous month.

CBN appoints KPMG as InfraCorp’s transaction adviser portfolio

The Central Bank of Nigeria (CBN) has appointed KPMG LLP as transaction adviser for the newly-created Infrastructure Corporation of Nigeria Limited (InfraCorp).
FILE PHOTO - Incoming World Trade Organization President (WTO) Ngozi Okonjo-Iweala speaks during an interview with Reuters in Potomac, Maryland, U.S., February 15, 2021. REUTERS-Joshua Roberts

EU reports Nigeria to WTO over dairy policy

Director-General of the World Trade Organization (WTO), Ngozi Okonjo Iweala on Tuesday disclosed that the European Union has reported to the global trade body over the country’s dairy policy.

CBN governor: Trade restrictions policy to protect local industries

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday defended the apex bank’s restrictive trade policy, stressing that it was meant to protect local industries from unfavourable competition and to create jobs for Nigerians.
Governor Nyesom Wike of Rivers State has given a major reason the immediate past Nigerian security heads failed.

Agric loan: Governor Wike accuses CBN governor of denying Rivers

Governor Nyesom Wike on Monday accused the Central Bank of Nigeria (CBN) of denying Rivers state access to its agricultural loans.

Fidelity Bank keys into CBN’s new policy on diaspora remittance inflows

Fidelity Bank has restated support for the Central Bank of Nigeria’s (CBN) efforts to engender sustainable economic development by improving Diaspora remittances and foreign exchange (FX) inflows into the country.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Official: CBN disburses N85 billion as credit support to 80 health projects

The CBN says it has disbursed over N85 billion to no fewer than 80 projects, under its Healthcare Credit Support scheme, the bank’s Director of Development Finance, Mr Yila Yusuf, has announced
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN finances 82 projects worth N85.89 billion

The Central Bank of Nigeria (CBN) says it has financed 82 projects, valued at N85.89 billion through its Healthcare Sector Intervention Facility.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Nigeria’s central bank awards N234 million-grant to five lecturers

The Central Bank of Nigeria has awarded over N234 million in research grants to five beneficiaries of its Healthcare Sector Research and Development Intervention Scheme.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Nigeria’s central bank finances 82 health projects with N85.89 billion

As part of a proactive approach to support the growth of the nation’s healthcare sector, the Central Bank of Nigeria (CBN) has financed 82 projects valued at N85.89 billion under its Healthcare Sector Research and Development Intervention Scheme (HSRDIS).

CBN: New policy on offshore remittances will reduce cost, tackle round-tripping

The Central Bank of Nigeria (CBN) has said that its new “CBN Naira 4 Dollar Scheme” which comes into effect on Monday is aimed at providing Nigerians abroad with cheaper and more convenient ways...

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Big Brother Naija 2019 winner, Mercy Eke, has opened up concerning rumours that she tested positive for COVID-19.

Mercy Eke: No man is responsible for my success

In a video uploaded to her YouTube channel, the reality star said, “In this part of the world, people believe a man is behind the success of a woman, whether she is married or single. I work hard for everything I own today. When people say a man is behind these things, I find it appalling. However, it does not get to me anymore because what else would one say? It only shows that my success is visible.”
election inec nigeria

2023: INEC to put polling units in hospitals, courts

The Independent National Electoral Commission on Friday said it would bring polling units in overcrowded areas closer to the people, particularly to public places like schools, courts and hospitals ahead of the 2023 general elections.
National Bureau of Statistics NBS

NBS: States IGR fell to N1.31 trillion in 2020

The National Bureau of Statistics disclosed in its report on ‘Internally Generated Revenue at state level for fourth quarter and full year 2020’.
Super Eagles captain Ahmed Musa has formally signed a short-term deal with four-time Nigeria Professional Football League Champions Kano Pillars.

NPFL: Ahmed Musa to play for free at Kano Pillars

Musa, 28, signed for the four-time Nigerian champions under the Elite Players Programme of the League Management Company, which encourages top Nigerian internationals to play for local clubs.
Ethiopians who fled the ongoing fighting in Tigray region gather to receive relief aid at the Um-Rakoba camp on the Sudan-Ethiopia border, in Kassala state, Sudan December 17, 2020. REUTERS-Mohamed Nureldin Abdallah

Eritrea admits presence in Ethiopia’s Tigray, tells U.N. withdrawing

Eritrea told the United Nations Security Council on Friday that it has agreed to start withdrawing its troops from Ethiopia's Tigray region, acknowledging publicly for the first time the country's involvement in the conflict.

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2. Dapo Abiodun of Ogun has become the first governor to receive a dose of coronavirus vaccine publicly.

NIDS: Vaccination most effective to combat coronavirus

The Nigeria Infectious Diseases Society (NIDS) has described vaccination as a most effective way to prevent infectious diseases like COVID-19.

IPOB: Anyone who joins new Southeast security outfit will join his ancestors

Members of the Indigenous People of Biafra, IPOB, have warned youths in the Southeast against joining the newly established security outfit for the region, known as Ebubeagu to spy its own Eastern Security Network, ESN.

UN seeks funds to ease hunger in Mozambique as conflict deepens

The World Food Programme on Tuesday said it needed $82 million to provide life-saving assistance to hundreds of thousands of people facing severe hunger in violence-ravaged northern Mozambique.
Ever Given, a Panama-flagged cargo ship, that was wedged across the Suez Canal and blocking traffic in the vital waterway is seen Saturday, March 27, 2021.

Egypt ‘seizes’ Suez megaship, demands nearly $1 billion compensation

The megaship which blocked Egypt’s Suez Canal and crippled world trade for nearly a week has been “seized” on court orders until the vessel’s owners pay $900 million, canal authorities said Tuesday.
FILE PHOTO: Health workers carry the body of a man who died from the coronavirus disease (COVID-19), for burial at a graveyard in New Delhi, India, April 9, 2021. REUTERS/Danish Siddiqui

South Asia surpasses grim milestone of 15 million coronavirus cases

Coronavirus infections in the South Asia sub-region surpassed the grim milestone of 15 million on Saturday, a Reuters tally shows, led by India’s record daily infections and vaccine shortages.