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The retail Secondary Market Intervention Sales (SMIS) has received a boost of $343.06 million from the Central Bank of Nigeria (CBN), following the Bank’s intervention in the Foreign Exchange market on Thursday, June 14, 2018.
President Muhammadu Buhari says he refused to replace Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), when he took over power because he wanted to give him the opportunity to salvage the economy from its “terrible condition”.
President Muhammadu Buhari has said that the Minister of Information and Culture, Alhaji Lai Mohammed, disobeyed him by replying the letter by former President Olusegun Obasanjo against the administration.
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.
The Central Bank of Nigeria, CBN, has given approval to Africa’s first farmers microfinance bank to operate in the Unit Category in Nigeria.
The Central Bank of Nigeria (CBN) on Thursday told federal lawmakers in the House of Representatives that its 2016 food grain mop up scheme was initiated by the Federal Government to save the country from a looming danger arising from threats posed by export of the nation’s food grains by foreign companies.
The Central Bank of Nigeria on Thursday told the House of Representatives that its 2016 food grain mop up scheme was initiated by the Federal Government.
Deputy Governor, Central Bank of Nigeria (CBN), Mr. Bayo Adelabu, has given some insight on how the apex bank rescued Nigeria’s economy from sinking exchange rate, inflation and recession through the Economic Recovery and Growth Plan of President Muhammadu Buhari.
The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market.
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14 per cent.
Data made available by the Central Bank of Nigeria show that the nation’s foreign reserves dropped by $72 million between Thursday, May 10 and Monday, May 14.
The Central Bank of Nigeria (CBN) has approved the release of second tranche of N1 billion from the Micro Small and Medium Enterprises Development Fund (MSMEDF) for disbursement to Small and Medium Enterprises (SMEs) in Niger State.
As Central Bank of Nigeria (CBN), for the umpteenth time, urged the public to refrain from accepting multilated Naira notes from banks, all tiers of government equally have a role to play via mass education in changing the orientation of Nigerians towards the currency.
The Central Bank of Nigeria (CBN) on Tuesday continued its intervention in the inter-bank sector of the Foreign Exchange market, injecting $210 million in the wholesale segment and other sectors of the market.
Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, has confirmed the recovery of the sum of US$322,515,931.83 Abacha funds from the Swiss Government into a special account in the CBN.
Davido on Sunday won the 2018 BET award for best international act.
NFF’s Head of Women Football, Ruth David, in company with captain of the U20 Women National Team (Falconets), Oluwakemi Famuditi and Referee Olufunmilayo Alaba will arrive in Russia on Tuesday for a new educational programme of the world football–governing body, FIFA taking place on Wednesday and Thursday in Moscow.
President Abdel-Fattah al-Sisi's decision was published in the official gazette on Sunday. It should be approved by parliament within seven days and go into effect on July 14.
President Muhammadu Buhari has expressed regret over the reported killings of innocent people in Plateau and vowed that his administration would not rest until the murderers and sponsors are brought to justice.
FIFA has announced the referee for Nigeria’s last Group D match at the 2018 World Cup against Argentina on Tuesday and the official is not a stranger to a couple of Super Eagles stars.
Senegal coach Aliou Cisse was momentarily at a loss for words on Saturday when asked by a Russian journalist about his growing status as one of the sex symbols of the World Cup.
Former captain David Beckham has tipped England to play Lionel Messi’s Argentina in the World Cup final, reflecting rising optimism about the Three Lions’ chances after a positive start in Russia.
The Brazilian Football Confederation (CBF) has asked FIFA why the Video Assistant Referee (VAR) was not used to review two key decisions they believe hindered their side during Sunday’s 1-1 draw with Switzerland.
The Minister of Communications, Adebayo Shittu, and 35 others have asked a Federal High Court in Abuja to nullify the congresses of the All Progressives Congress in Oyo State.
Emre Can is set to finalise his move to Juventus from Liverpool after arriving in Turin on Thursday.