As the deadline to phase out old naira notes draws closer, workers in commercial banks have kicked against the decision of the Central Bank of Nigeria (CBN) not to extend it. The workers under the auspices of Association of Banks, Insurance and Financial Institutions (ASSBIFI), in a statement issued yesterday, said while they recognised the […]
The Central Bank of Nigeria (CBN) has, in the last fortnight, ramped up measures to ensure that it meets the January 31 deadline that it set for the implementation of its naira redesign policy, writes Tony Chukwunyem Clearly, the last two weeks have been hectic for top officials of the Central Bank of Nigeria (CBN) […]
President Muhammadu Buhari yesterday met with the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, behind closed doors at the Presidential Villa, Abuja. The President met with the CBN boss twice, having first met him alongside the delegation of the Arab Bank for Economic Development and later privately after the first meeting. […]
The Nigerian governors have summon the governor of Central Bank of Nigeria (CBN) Mr. Godwin Emefiele to a meeting over the redesign of the nation’s currency.A statement by the Nigeria Governors’ Forum (NGF) secretariat said the CBN governor will join the governors’ virtual meeting on Thursday by 9 pm The statement by Abdulrazaque Bello- Barkindo, […]
Days after Godwin Meliga, President, Middle Belt Youth Vanguard, was allegedly arrested by men of the Department of State Services (DSS), Mallam Kabiru Yusuf, President of Arewa Consultative Youth Movement, raised the alarm that his life was under threat. Meliga and Yusuf are members of ethnic nationalities that alleged a plot by the DSS to […]
The African Bar Association (AFBA) has called on Nigerians to allow rule of law to prevail in the allegation of terrorism sponsorship levelled against the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, by the Department of State Services (DSS). Speaking at a press conference in Lagos, the Chairman of the human and […]
The Coalition of National Interest Defenders has claimed it has uncovered a plot to attack the Abuja headquarters of the Central Bank of Nigeria (CBN). Addressing a press conference in Abuja yesterday, the convener, Tochukwu Ohazuruike, alleged that the plot was being coordinated by people opposed to the CBN Governor Godwin Emefiele’s policies. He said: […]
In his address at the 57th Chartered Institute of Bankers of Nigeria’s annual bankers’ dinner, which held in Lagos last Friday, Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, painted a positive outlook for the country’s economy despite Gross Domestic Product (GDP) growth slowing to 2.25 per cent in Q3’ 2022, writes […]
In its bid to promote financial inclusion and boost economic growth, the Central Bank of Nigeria (CBN) has, in recent months, undertaken activities and made pronouncements that show it is strengthening its supervision of participants in the digital payment space, writes Tony Chukwunyem In his address at the retreat of the Central Bank of Nigeria’s […]
MDAs may deploy currency for deals The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has revealed that over 700, 000 transactions, amounting to about N8billion have been recorded on the eNaira platform since its launch on October 25, last year. Emefiele, who stated this in his keynote address at the “eNaira 1 year Anniversary” […]