Central Bank of Nigeria

The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100 per cent of the equity in Polaris Bank by Strategic…

Blessing Iruoma Rivers State Governor Nyesom Wike has threatened to expose some persons behind the stoppage of the loan from the Central Bank of Nigeria (CBN) to Abia and Benue States. Governor Wike stated that the motive was to…

The Labour Party Presidential Candidate, Mr. Peter Obi, still in London, United Kingdom, in continuation of his consultations with Nigeria Diasporas met and got tacit endorsement from Nigeria’s best economic brains. They are the…

Emeka Okoroanyawu Godwin Emiefele, Governor of the Central Bank of Nigeria (CBN) has blamed corruption in the system as the key factor, fuelling the high exchange rate and scarcity of foreign exchange in the country. He fingered the…

The Senate, on Wednesday, resolved to summon the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, to educate and inform senators in a closed session on the reasons for the rapid depreciation of the value of the naira.…

The Senate, on Tuesday, received a request from President Muhammadu Buhari, to confirm the re-appointment of four nominees as Non-Executive Directors of the Board of the Central Bank of Nigeria (CBN).    The request was contained in a…

Governor Babajide Sanwo-Olu of Lagos State has reiterated the call for economic diversification in Nigeria, saying that the country should shift from over-dependence on oil and gas, to agricultural produce, solid minerals, chemical…

A former deputy governor of the Central Bank of Nigeria (CBN), Mr. Kingsley Moghalu, has resigned his membership of the African Democratic Congress (ADC). Mr. Moghalu announced his decision to leave the party in a letter dated June 13,…

An unconfirmed report claimed that President Muhammadu Buhari has relieved the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, of his duties from the apex bank. Recall that Mr. Emefiele has been embroiled in…

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has withdrawn his lawsuit seeking an order to run for president without resigning from the apex bank, SaharaReporters reports. “We shall be praying your Lordship to…