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Emefiele projects exit from recession first quarter of 2021

The Governor of Central Bank, Mr Godwin Emefiele, on Friday expressed optimism that Nigeria could emerge from recession by the first quarter of 2021. He...

CBN links cashless policy to increased electronic banking risks

The Central Bank of Nigeria (CBN) on Wednesday said the implementation of the cashless policy aimed at promoting financial inclusion had increased the risks...

We are not behind freezing of #ENDSARS promoters’ accounts – Access...

Access Bank has expressed its innocence regarding the freezing of the accounts of some promoters of #ENDSARS protests by the Central Bank of Nigeria. The...

Electronic transaction volumes increased 67% during lockdown — Emefiele

The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, has said that electronic transaction volumes increased by about 67 per cent during the...

#ENDSARS campaigners are suspected terrorists – CBN Governor

Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that promoters of the #ENDSARS protesters are suspected terrorists. According to him, it is...

My existence is threatening this government – #ENDSARS promoter whose accounts...

#ENDSARS promoter whose accounts have been frozen by the Federal Government, Oluwarinu Oduala, has said that the steps being taken by the Federal Government...

Lawyer battles CBN, Nigerian Army in court over Arabic inscriptions on...

A lawyer, Chief Malcolm Omirhobo, is currently battling the Central Bank of Nigerian court over what he called Arabic inscription on the naira note. He...

COVID-19: CBN says it expends N3.5 trillion to enhance economic growth

The Central Bank of Nigeria (CBN), says it has so far made a total of N3.5trillion disbursements to cushion the effect of COVID-19...

CBN releases framework for N75bn youth investment fund

The Central Bank of Nigeria (CBN) has released guidelines for implementation of the proposed N75 billion Nigeria Youth Investment Fund (NYIF). CBN, in a statement...

CBN/RIFAN working toward crashing price of rice -Official

The Central Bank of Nigeria (CBN) and Rice Farmers Association of Nigeria (RIFAN), disturbed by the increase in price of rice, have concluded plans...

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