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Customers laments scarce naira currency in Ondo Community

By Oludamisi Ojo Inspite of the directive of the Central Bank of Nigeria to Commercial Banks to offer both new…

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CBN urges banks to collect redesigned notes or face sanction

The Central Bank Governor, Mr Godwin Emefiele, has called on commercial banks to approach the apex bank branches across the…

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CBN raises interest rate from11.5% to 13%

Adesola Sulaimon The Central Bank of Nigeria (CBN) monetary policy committee has voted to raise the benchmark interest rate to…

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Takeaways from President Buhari’s epic visit to Turkey – by Garba Shehu

The purpose of the President’s trip to Turkey, December 16th to 19th was to participate in the 3rd Turkey-Africa Partnership…

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Bankers committee ends 2-day retreat, gives insight into 2022

The bankers committee will, in 2022, be focusing on supporting the Central Bank and the government in developing the infrastructure…

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Igbinedion Varsity gets N500m CBN facility for oil palm project

The Igbinedion University, Okada, has secured a N500 million Central Bank of Nigeria (CBN) facility to resuscitate and expand its…

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Over $600bn of Nigeria’s money stolen since 1960 — Moghalu

Presidential hopeful, Prof. Kingsley Moghalu, on Thursday said that over 600 billion dollars of Nigeria’s money had been stolen through…

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Bitcoin rises above $40,000

Bitcoin broke above $40,000 on Wednesday and headed for another attempt at breaking from its months-long range as short-sellers bailed…

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Naira crashes to 4-year low, the weakest since 2017

The Naira has crashed to a four-year low in the parallel market after the Central Bank’s efforts to coax banks…

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Fuel subsidy: The ‘suffering and smiling’ policy

Controversy is still trading the abolition of fuel subsidy regime in the country, Jude Idu writes. Months after the announcement…

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