Again, CBN raises interest rate
The Central Bank of Nigeria on Tuesday announced another interest rate hike to address Nigeria’s inflation, which hit 34.19 per cent in June. CBN Governor Olayemi Cardoso disclosed this while …
CBN
UK university orders some Nigerian students to exit country
Some Nigerian students studying at Teesside University have been asked to leave the United Kingdom (UK) over their failure to pay their fees, the BBC reported on Wednesday. The students, …
Court fixes date for EFCC to arraign Emefiele on fresh charge
The Economic and Financial Crimes Commission (EFCC) will on May 15 arraign the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in a Federal Capital Territory court …
Reps panel queries Accountant General’s office for payment to Remita
The House of Representatives Public Accounts Committee (PAC) has queried the payment of N15 billion to Remita, a payment platform, from the Office of the Accountant General for the Federation …
CBN speaks on fertiliser donated to boost food production
The Central Bank of Nigeria (CBN) has provided clarifications regarding its recent donation of 2.15 million bags of fertilisers to farmers across the country through the Federal Ministry of Agriculture …
Herbert Wigwe, the visionary who co-built Nigeria’s biggest lender
Herbert Onyewumbu Wigwe, the chief executive of Access Holdings Plc who died aged 57 following a chopper crash Saturday in California, helped transform an obscure bank into the country’s biggest …
Central Bank Governor to appear before Nigerian lawmakers
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, will appear before the Senate Committee on Banking, Insurance and other Financial Institutions today to speak on the state of …
Nigerians spent $40 billion on education, healthcare abroad in 10 years
Nigerians spent over $40 billion to access education and healthcare abroad between 2010 and 2020, Central Bank Governor Oluyemi Cardoso said on Tuesday. Mr Cardoso said the high number of …
CBN’s MPC will complement fiscal activities to improve economy – Cardoso
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) will impact the growth of the Nigerian economy, central bank governor Olayemi Cardoso said on Monday. Expressing concerns …
CBN schedules first MPC meeting under Cardoso
The Central Bank of Nigeria (CBN) has scheduled the first Monetary Policy Committee (MPC) meeting under the tenure of Mr Olayemi Cardoso as governor, for 26 and 27 February. According …