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Isaac Okoroafor

CAFEi urges CBN to extend deadline for mutilated notes return

Otunba ‘Debola Osibogun, CAFEi President, said in Lagos on Sunday that extension of the deadline would give room for more people to key into the initiative.

Central bank injects $297.92 into secondary market

The Central Bank of Nigeria (CBN), has injected 297.92 million dollars into the retail Secondary Market Intervention Sales (SMIS).
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has disclosed that he will unfold a new roadmap for the Bank and the economy, in the days ahead, after series of consultations with critical stakeholder groups.

Godwin Emefiele to unveil new roadmap for central bank, economy

Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has disclosed that he will unfold a new roadmap for the Bank and the economy, in the days ahead, after series of consultations with critical stakeholder groups.

Group condemns attacks, blackmail on central bank chief Godwin Emefiele

A group, Yoruba Youth Democratic Movement (YYDM), has condemned what it called blackmail by some people who are against the re-appointment of the governor of the Central Bank of Nigeria (CBN), Dr. Godwin Emefiele.
Isaac Okorafor

No money missing, stolen in central bank – spokesman

The Director, Corporate Communications, Central Bank of Nigeria (CBN), Mr Isaac Okoroafor, said that no money is missing or stolen from the bank’s coffers as reported in some section of the media.

Official: Central bank disburses N174.48 billion under anchor borrowers programme

The Central Bank of Nigeria (CBN) says it has so far cumulatively disbursed N174. 48 billion through 19 financial institutions under its Anchor Borrowers Programme since 2015.

CBN: Nigeria attracted $6 billion FDI in three months

The Central Bank of Nigeria has said the country attracted $6 billion foreign investments in the first three months of the year.

Central dank disputes Business Day report of sleaze in forex market

The Central Bank of Nigeria, CBN, has refuted a front-page news story of Business Day which claims that faceless agents pocket over N32bn annually in profit from the foreign exchange market with the aid of CBN officials.

World Bank cuts Nigeria’s growth projection to 1.9 percent

The World Bank has once more reduced its growth projection on Nigeria in 2018 to 1.9 per cent, down from the 2.1 per cent it had estimated for the country in April.

Central bank injects $210m in foreign exchange market

The Central Bank of Nigeria has injected 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments of the market.
China's Yuan

CBN Yuan auction estimated at N3.6 billion

The Central Bank of Nigeria (CBN) has estimated its first auction of the Chinese Yuan Renminbi (CNY) at N3.6 billion, an exchange rate between N49 and N51 per Yuan.

Central bank injects $210 million into foreign exchange market

The Central Bank of Nigeria (CBN), on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange market to meet customers’ requests in various segments of the market.

Official: Central bank resisted pressure to float the Naira

Acting Director, Corporate Communications of the Central Bank of Nigeria (CBN), Mr. Isaac Okoroafor, says the apex bank resisted suggestions to float the Naira when the country was battling with economic recession.

Central bank orders commercial banks to sell forex to customers, non-customers

As the Central Bank of Nigeria (CBN) at the weekendordered all Deposit Money Banks (DMBs) to sell forex to travellers over the counter, the Association of Bureaux De Change Operators of Nigeria (ABCON) has kicked against the order calling on the regulator to review BDC’s dollar purchase rate to align with rate commercial banks’ buying rate.

Central bank directs commercial banks, bureaux de change to sell forex to eligible travellers...

The Central Bank of Nigeria (CBN) on Sunday directed all commercial banks and Bureau de Changes (BDCs) to sell foreign exchange (Forex) to all eligible travelers over the counter, regardless of their customer status.

Central bank explains cause of smoke at head office

The Central Bank of Nigeria has denied reports that a section of its head office in Abuja was razed by fire on Tuesday evening.

IMF acknowledges central bank’s monetary policy success

The Central Bank of Nigeria (CBN) is relishing the success of its monetary policy, especially regarding the foreign exchange, as the efforts have been finally acknowledged by the international financial community.

CBN Governor Godwin Emefiele deploys new deputy governors

Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has assigned duties to the newly appointed Deputy Governors who assumed duty on March 28.

Recent Stories

The Minister of Communications & Digital Economy, Isa Pantami, has signed a MoU on behalf of Federal Government with Tech giant, International Business Machines (IBM) West Africa, for partnership & collaboration in area of Digital Skills in Nigeria

Federal government signs MoU with IBM for digital skills development

The Minister of Communications and Digital Economy, Dr Isa Pantami, has signed a Memorandum of Understanding (MoU) on behalf of the Federal Government with Tech giant, International Business Machines (IBM) West Africa, for partnership and collaboration in the area of Digital Skills development in Nigeria.
Kola Ologbondiyan

PDP, APC governors bicker over supreme court judgment in Imo

The opposition Peoples Democratic Party (PDP) and governors elected on the platform of the All Progressives Congress (APC) were, at the weekend, locked in a verbal duel over the Supreme Court judgment which replaced PDP’s Emeka Ihedioha with APC’s Hope Uzodinma as governor of Imo State.
Senator Godswill Akpabio

Niger Delta abandoned projects: We’ll recover all money paid to contractors – Senator Akpabio

The Minister of Niger Delta Affairs, Senator Godswill Akpabio, has reiterated the government’s determination to recover every money paid to contractors on all abandoned projects by the Niger Delta Development Commission (NDDC)
Anambra State Agricultural Development Programme says the state is set to embark on the production of foreign melon. Anambra State Agricultural Development Programme says the state is set to embark on the production of foreign melon.

Anambra to produce foreign melon

The ADP said students of crop science of Nnamdi Azikiwe University Awka are set to partner Anambra State Agricultural Development Programme to produce Indian melon, sweet melon and a host of other foreign melon for local and international markets and for revenue generation.
United Nation’s Children Fund (UNICEF)

UNICEF to immunize two million against yellow fever in Ekiti

In a bid to arrest the spread of yellow fever killer disease in Ekiti State, the United Nations Children’s Fund (UNICEF), has expressed its readiness to Immunize two million persons in the state to protect the population from the scourge.