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AFCON 2019: FG’s Delegation To Be Led By Lawan

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The President of the Senate, Ahmed Lawan has been picked by President Muhammadu Buhari as leader of the Federal Government delegation to the ongoing...

Plans To Freshly Recapitalize Banks Revealed By CBN

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The depreciation of the naira between 2004 when the last banking sector recapitalisation took place and now has cut the value of the capital...

Why ‘Orthodox’ Monetary Policy Cannot Work In Nigeria – Emefiele

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The Governor of Nigeria’s apex bank, Dr. Godwin Emefiele, over the weekend explained why the orthodox monetary system is not working for Nigeria’s economy. The...

Emefiele Speaks About How Nigeria Came Out Of Recession

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Mr Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN) has revealed that after five consecutive quarters of negative growth beginning in...

Money Laundering: Nigerian Banks Warned Again By CBN

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Nigerian banks have been warned again by the Central Bank of Nigeria (CBN) again to keep away from the nefarious act of money laundering. The...

CBN Reaffirms That Nigeria’s Foreign Reserve’s Still Strong

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The Godwin Emefiele-led Central Bank of Nigeria (CBN) has explained the recent reduction in the level of the country’s foreign reserves but has said...

Emefiele Explains Why CBN Invested N800bn In Skye Bank

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Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been speaking about why CBN invested N800 billion in the recapitalisation of the...

How Skye Bank Was Taken Over By Poloaris Bank

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Mr Godwin Emefiele, the governor of Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has explained how Skye Bank was taken over by...

Skye Bank’s License Withdrawn By CBN

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The operating license of Skye Bank has been withdrawn by the country’s apex bank, the Central Bank of Nigeria (CBN). CBN Governor, Godwin Emefiele who...

Forex Infraction: How CBN’s Hammer Came Down On MTN, Four Banks

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The decision arrived at by the Central Bank of Nigeria (CBN) to punish MTN Nigeria and four banks for FX infractions came after a...
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