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Central Bank Governor

Lai Mohammed: Federal government spends N2.7 trillion on agriculture, infrastructure

The Minister of Information and Culture, Alhaji Lai Mohammed, has said that the Federal Government expended N2.7 trillion on agriculture and provision of other critical infrastructure in the 2017 budget.
Nigeria Governors Forum (NGF)

Governors: We’re still struggling to pay N18,000 minimum wage

The Nigerian Governors Forum, NGF, has said its member are still struggling to pay the current minimum wage of N18,000.
President of the Senate, Dr. Abubakar Bukola Saraki (left) and ex-Minority Leader, Senator Godswill Akpabio during plenary in Abuja.

Senate okays $2.9 billion foreign loan

The Senate yesterday warned the Federal Government to stop taking external loans, urging it to find other means of generating revenue internally, rather than throw the country into a debt trap.

IMF, World Bank end meetings with call to brace for risks

Global financial leaders wrapped up an annual meeting of the International Monetary Fund and World Bank yesterday, by urging countries to brace for potential risks from trade disputes and other tensions.
Nhlanhla Nene

South Africa’s Nhlanhla Nene resigns as finance minister

The Federal Road Safety Corps (FRSC) on Tuesday inducted 85 successful applicants as Special Marshals in Ebonyi.
Acting Finance Minister of Finance Zainab Ahmed

Nigeria promotes growth plan to investors on New York roadshow

Nigerian government officials met with fund managers in New York last week on a non-deal roadshow held to update bondholders on the country’s growth plan after getting out of recession, an investor presentation seen by Reuters on Saturday showed.
FEPSAN President Thomas Etuh-

Thomas Etuh: How I rebuffed Muhammadu Buhari’s invitation thinking it was 419

The President of Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN), Mr Thomas Etuh, has narrated how he rebuffed an invitation by President Muhammadu Buhari to discuss the advancement of fertiliser value chain in Nigeria.
Skye Bank

Central bank revokes Skye Bank operating licence

Governor of Central Bank, Godwin Emefiele, said that Skye Bank would now be taken over by Polaris Bank, which would take over all the assets and liabilities of the defunct entity.

2019: Igbo group urges PDP to zone VP seat to South East

A group known as Ndigbo National Assembly (NUA) has called on the leadership and elders of People’s Democratic Party (PDP) to pick its Vice Presidential candidate from the South East geopolitical zone for balance, equity, fairness and justice.

Central bank to introduce new cyber-security framework to tackle internet fraud

The Central Bank of Nigeria said it was developing a Risk Based Cyber Security Framework for banks and payment service providers to combat internet fraud in the country.
(FILES) In this file photo taken on June 24, 2018 Turkish President Recep Tayyip Erdogan arrives to deliver a speech in Istanbul, after initial results of Turkey's presidential and parliamentary elections. President Recep Tayyip Erdogan will on July 9, 2018 be sworn in for a second mandate as Turkey's head of state after his election triumph last month, assuming sweeping powers granted under a new constitution, a presidential source said. / AFP PHOTO / BULENT KILIC

Turkey’s Recep Erdogan appoints son-in-law finance minister

Turkey’s Tayyip Erdogan ushered in the new, executive presidential system he had long campaigned for by putting his son-in-law in charge of the economy and promising greater overhaul of a country he has dominated for 15 years.
Milton Weeks

Liberia’s central bank governor resigns

Liberia’s Central Bank Governor, Milton Weeks, has resigned midway through his five-year term, the president’s office said.

Court: Information on President Buhari’s London treatment can’t be released without his consent

The Federal High Court in Abuja ruled on Tuesday that information about the amount of taxpayer fund suspected to have been expended on President Muhammadu Buhari’s treatment in London last year, could not be released under the Freedom of Information Act without the President’s consent.

Council: Herdsmen-farmers clashes may worsen without ranches

The National Food Security Council warned on Monday that the deadly clashes between farmers and herdsmen could get worse next year if efforts are not intensified to create cattle ranches or provide better security against rustling in the country.

CBN: Nigeria’s external reserves hit $46 billion

The Central Bank of Nigeria (CBN) on Sunday disclosed that the nation’s external reserves currently stands at $46 billion, saying the figures are steadily heading towards the $50 billion mark.

Nigerian inflation slowed for 11th month in December – NBS

Annual inflation in Nigeria slowed for the 11th month in a row in December, to 15.37 percent from 15.90 percent a month before, the head of the National Bureau of Statistics (NBS) said in a tweet on Tuesday.

Federal govt to provide cheap funds to farmers – CBN chief Godwin Emefiele

The Federal Government will provide cheap funds of not more than five per cent to farmers who wants to acquire agricultural equipment and feeds.

President Buhari approves payment of outstanding Paris Club refund

President Muhammadu Buhari has directed the Minister of Finance, Mrs. Kemi Adeosun; the Minister of Budget and National Planning, Udo Udoma; and the Central Bank Governor, Godwin Emefiele, to work with state governors to ensure the payment of outstanding Paris and London Clubs refunds before the end of the 2017.

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Real Madrid's Karim Benzema

Karim Benzema associates charged over extortion bid

Two associates of scandal-dogged Real Madrid star Karim Benzema were charged by French police on Thursday over suspected extortion, sources close to the case told AFP.

NAWOJ commends military over successes in counter insurgency operations

The Borno chapter of the Nigeria Association of Women Journalists (NAWOJ), has commended the Nigerian Army (NA) over the successes recorded in the fight against insurgents in the North-East.

Four Malawian UN soldiers killed in DR Congo – Malawi army

Four Malawian peacekeepers in the Democratic Republic of Congo have been killed, the Malawian military said on Thursday.

Fayez al-Sarraj: Libya planning to extradite Manchester bomber’s brother

Libya is planning to extradite the brother of Manchester Arena bomber Salman Abedi to Britain by the end of the year, Libya's UN-backed Prime Minister Fayez al-Sarraj told the BBC in an interview on Wednesday.
Jim Pallotta, Roma club president, has personally donated €50,000.

AS Roma donate €150k to help fund medical costs for injured Liverpool fan Sean...

AS Roma and club president Jim Pallotta have made a combined donation of €150,000 to a trust fund set up to help the family of Liverpool fan Sean Cox with his medical and rehabilitation costs.