CBN’s interest rate hike stifles growth, job creation – Dangote
The President and CEO of the Dangote Group, Aliko Dangote, criticized the Central Bank of Nigeria (CBN) for raising interest ...
Tag: CBN
Nigerian inflation rises in May to new 28-year high
A vendor arranges onions for sale at Mile 12 International Market in Lagos, May 13, 2022. (REUTERS/Temilade Adelaja /File Photo) ...
EEDC moves to disconnect Govt House, CBN offices, over electricity debt
The Enugu Electricity Distribution Company (EEDC) announced on Friday that it will begin disconnecting electricity to customers with unpaid bills ...
CBN revokes licence of Heritage Bank
A branch of Heritage Bank The Central Bank of Nigeria (CBN), has announced revocation of the licence of Heritage Bank ...
NLC rejects CBN’s cybersecurity levy
The Nigeria Labour Congress (NLC) has rejected the recent directive by the Central Bank of Nigeria (CBN) of 0.5 (0.005) ...
CBN raises interest rate by 400 basis points to 22.75 %
Dr. Olayemi Michael Cardoso The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday increased the ...
Alleged procurement fraud: Court to begin Emefiele’s trial Feb. 12
Godwin Emefiele, CBN governor An FCT High Court, Maitama on Friday, fixed Feb. 12 for the trial of the suspended ...
CBN dissolves boards, management of Union, Keystone, Polaris banks
CBN headquarters in Abuja, November 22, 2020. REUTERS/Afolabi Sotunde The Central Bank of Nigeria (CBN) has dissolved the boards and ...
Rivers State Comedy of Errors and the Emefiele Mess
Zainab Suleiman Okino The former Central Bank of Nigeria Governor, Mr. Godwin Emefiele, finally got a respite last Friday when ...
CBN Frauds: Godwin Emefiele reacts
Godwin Emefiele RE: EMEFIELE , OTHERS STOLE BILLIONS, ILLEGALLY KEPT NIGERIA’S FUNDS IN FOREIGN BANKS After my release on bail ...