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Tag: CBN

Law firm writes CBN, demands retraction of social media posts inimical to its reputation
Business
byNational UpdateAugust 13, 2024August 13, 2024

Law firm writes CBN, demands retraction of social media posts inimical to its reputation

***Failure for which it threatens legal action A law firm based in Lagos, Sofunde Osakwe Ogundipe & Belgore Legal Practitioners…

CBN: Overall Economic Stability is our watchword, says Cardoso
Economy
byNational UpdateJuly 19, 2024

CBN: Overall Economic Stability is our watchword, says Cardoso

***Says $1trillion economy is achieveable by 2030 The Central Bank of Nigeria (CBN) is committed to implementing policies that will…

CBN Gov attributes Naira weakness to Nigerians’ appetite for Dollar, foreign goods
Economy
byNational UpdateFebruary 10, 2024

CBN Gov attributes Naira weakness to Nigerians’ appetite for Dollar, foreign goods

***Frankly tells Nigerians, the bank has no magic wand to halt Naira free fall ***’Ways and Means’ is over for…

Tinubu rattles oil sector, directs NNPCL to remit crude sales revenue to CBN
Oil and gas
byNational UpdateJanuary 29, 2024

Tinubu rattles oil sector, directs NNPCL to remit crude sales revenue to CBN

President Bola Tinubu has directed the Nigeria National Petroleum Company Limited (NNPCL) to immediately handover details of revenue from sales…

Relocation of CBN, FAAN to Lagos:  Karimi tackles Ndume over attack on Tinubu
Legislature
byNational UpdateJanuary 24, 2024

Relocation of CBN, FAAN to Lagos: Karimi tackles Ndume over attack on Tinubu

**Says he spoke for himself The Senator representing Kogi-West, Sen. Sunday Karimi has called out the Senate chief Whip, Senator…

Northern senators raise issues over ‘lopsided’ 2024 budget, relocation of CBN, FAAN offices
Legislature
byNational UpdateJanuary 23, 2024

Northern senators raise issues over ‘lopsided’ 2024 budget, relocation of CBN, FAAN offices

The planned relocation of some federal agencies from Abuja to Lagos may not sail through as Senators from the North…

Not yet uhuru for Emefiele as FG amends charges against him
Crime
byNational UpdateJanuary 18, 2024

Not yet uhuru for Emefiele as FG amends charges against him

The respite that came the way of former Central Bank of Nigeria(CBN) Governor, Godwin Emefiele may be short-lived as the…

Quick thoughts on CBN ‘Action Plan’ for Nigeria’s Economy
Opinion
byNational UpdateJanuary 1, 2024

Quick thoughts on CBN ‘Action Plan’ for Nigeria’s Economy

By Bolaji Afolabi President Bola Ahmed Tinubu recently appointed a new management team for the Central Bank of Nigeria, (CBN).…

CBN raises hope of Nigerians that Inflation, Exchange Rate will decline in 2024
National
byNational UpdateDecember 15, 2023

CBN raises hope of Nigerians that Inflation, Exchange Rate will decline in 2024

***Says oil revenue from oil exports will decline in the fiscal year The Central Bank of Nigeria ( CBN), has…

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