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Tag "Central Bank of Nigeria"

2019: CBN Deputy Governor Resigns

2019: CBN Deputy Governor Resigns

🕔08:59, 1.Jun 2018

Adelabu whose resignation letter has already been accepted by President Muhammadu Buhari has indicated interest to join the Gubernatorial race in his home State, Oyo.

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CBN Explains Fire Outbreak At It’s HQ

CBN Explains Fire Outbreak At It’s HQ

🕔07:13, 2.May 2018

The Central Bank of Nigeria (CBN) has denied that fire on Tuesday gutted its headquarters in Abuja. A video gone viral had shown a fire incident at the head office of the CBN office in Abuja. However, a statement issued

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$462m Illegal Withdrawal: Senate Summon Adeosun, Others

$462m Illegal Withdrawal: Senate Summon Adeosun, Others

🕔16:05, 17.Apr 2018

The Senate has invited the Minister of Finance, Kemi Adeosun; Minister of Defence, Mansur Dan-Ali and Governor, Central Bank of Nigeria, Godwin Emefiele, over alleged illegal withdrawal of $462m from the Consolidated Revenue Account. The money was said to have

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NIRSAL, Firms, Sign Pact To Improve Agriculture

NIRSAL, Firms, Sign Pact To Improve Agriculture

🕔06:44, 16.Apr 2018

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending(NIRSAL) has signed a Memorandum of Understanding with Syngenta Agrochemical Company to improve agriculture with the use of technology. NIRSAL is a risk-sharing system created by the Central Bank of Nigeria(CBN) to

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I Will Be A Better President Than Buhari –Moghalu

I Will Be A Better President Than Buhari –Moghalu

🕔19:35, 10.Apr 2018

Presidential candidate and former deputy governor of Central Bank of Nigeria, Professor Kingsley Moghalu has reiterated the need for a paradigm shift in Nigerian politics, stating that based on an objective assessment of President Muhammadu Buhari’s failed performance, he does

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MMM Announces Final Shutdown

MMM Announces Final Shutdown

🕔13:13, 8.Apr 2018

The management of the global ponzi scheme, Mavrodi Mondial Moneybox (MMM), has announced a final shutdown of operations. The ponzi scheme in a statement on its official global website on Friday said they were shutting down due to the death

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BREAKING: Senate Confirms Aisha Ahmad As CBN Deputy Governor

BREAKING: Senate Confirms Aisha Ahmad As CBN Deputy Governor

🕔13:12, 22.Mar 2018

The Nigerian Senate has confirmed the nomination of Aisha Ahmad and Edward Adamu as deputy governors of the Central Bank of Nigeria (CBN). This was done on Thursday during plenary at the upper chamber of the National Assembly in Abuja,

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External Reserve Climbs To $43.2bn — CBN

External Reserve Climbs To $43.2bn — CBN

🕔07:25, 8.Mar 2018

The Central Bank of Nigeria (CBN) has announced that the country’s external reserves has climbed to $43.2bn on March 6, 2018. The foreign exchange reserves at the beginning of the year stood at $38.77bn only to record a drastic rise

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Don’t Invest In Bitcoins–CBN Warns Nigerians

Don’t Invest In Bitcoins–CBN Warns Nigerians

🕔07:21, 1.Mar 2018

The Central Bank of Nigeria (CBN) on Wednesday warned Nigerians that investing in cryptocurrencies, is at owners risk as it is not legal tender in the country. The statement signed by the bank’s Acting Director, Corporate Communications, Isaac Okorafor, explained

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Expect More N10, N20, N50, N100 In Circulation –CBN

Expect More N10, N20, N50, N100 In Circulation –CBN

🕔07:56, 28.Feb 2018

The Central Bank of Nigeria(CBN), has said that it will flood the market with lower denomination currencies including N100, N50, N20, N10 and N5 notes, due to their shortage. Speaking at a sensitisation programme at the Wuse Market in Abuja

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