The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says Nigeria and the World Bank are working toward strengthening mutually beneficial bilateral relations. Mr Edun said this when he received the World Bank Managing Director of Operations,…
A court in the Nigerian capital Abuja has awarded the sum of 100,000 dollars (N100, 000 000) in damages to Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN), for his unlawful detention. The High Court of…
The former Central Bank of Nigeria Governor, Godwin Emefiele, illegally lodged billions of naira in no fewer than 593 bank accounts in the United States, United Kingdom, and China without the approval of the apex bank’s board of directors and…
The Central Bank of Nigeria (CBN) has disclosed that it has no plan to redenominate the Nigerian currency, the Naira. CBN Director, Corporate Communications, Isa AbdulMumin, who said this in Abuja yesterday, urged Nigerians to discountenance a text message going…
Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), plans to deploy instant measures that will help strengthen the fragile trust of foreign investors in the Nigerian economy with the expectation that it will put the brakes on…
The Sun. The Nigeria Social Insurance Trust Fund (NSITF), an agency of the Federal Government, has urged the organized private sector as well as the informal sector in Delta State to take advantage of the Employees Compensation Scheme (ECS). NSITF…
THE GUARDIAN Only recently, Nigeria through the Central Bank of Nigeria (CBN) recorded a huge success at the introduction of eNaira as our digital currency. At the Enugu Branch of the Chartered Institute of Bankers of Nigeria yearly Bankers Dinner…
PUNCH NEWS The World Bank says the Nigerian government’s exchange rate management policies are discouraging investments and fuelling inflation in the country The bank disclosed this in the November edition of its Nigeria Development Update. While highlighting the role of…
PREMIUM TIMES The Central Bank of Nigeria on Wednesday warned the public against a Twitter handle suggesting that it is disbursing 50 billion eNaira. The bank said some fraudulent individuals have been posting messages relating to the currency wooing Nigerians…
PUNCH NEWS The Central Bank of Nigeria has finally launched its Central Bank Digital Currency called eNaira on Monday. The eNaira was scheduled to be launched on October 1, 2021, but was moved due to a clog of activities billed…
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