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Senate confirms Cardoso as chairman of Monetary Policy Committee

The Senate on Thursday confirmed the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, as the Chairman…

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Presidency cautions Atiku against negative economic assumptions

The presidency has cautioned former Vice President Atiku Abubakar against negative assumptions about the economy in the face of the…

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Tinubu asks Senate to confirm five CBN board director nominees 

By Nathaniel Zaccheaus, Abuja President Bola Tinubu has asked the Senate to confirm the appointment of five nominees into the…

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CBN forensic audit uncovers $2.4bn FX infractions, says Cardoso

  By Francis Ajuonuma, with agency reports   Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, has…

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No plans to convert domiciliary accounts into Naira – CBN

The Central Bank of Nigeria (CBN) says it has no plans to convert domiciliary account holdings valued at 30 billion…

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Naira free fall: Senate summons CBN gov on state of economy

By Nathaniel Zacchaeus, Abuja The Senate Committee on Banking, Insurance, and Other Financial Institutions, has summoned the Governor of the…

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CBN pays additional $64 million, concludes fx payment of verified airlines claims

The Central Bank of Nigeria (CBN) says it has concluded the payment of all verified claims by airlines with an…

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50% of Nigeria’s dollar outflow in 2023 spent on foreign debts servicing -CBN

Nigeria spent about 50 per cent of its dollar payments to service external debts between January and October 2023, a…

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CBN schedules first MPC meeting under Cardoso for February

The Central Bank of Nigeria (CBN)  has scheduled the first Monetary Policy Committee (MPC) meeting, under the tenure of Mr Olayemi…

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CBN’s $61m disbursement: Foreign airlines dissatisfied, threaten to withdraw services

Foreign airlines operating in Nigeria have expressed dissatisfaction with the initial $61 million payment made by the federal government to…

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