By Johnbosco Agbakwuru, Abuja President Muhammadu Buhari on Wednesday unveiled the new naira notes of N200, N500 and N1,000 at the Council Chamber, Presidential Villa, Abuja. The unveiling of the new notes took place before the weekly Federal Executive Council, FEC, meeting, presided over by President Buhari. Read also: Naira redesign: Squeeze, spray notes, face […]

The first phase of the Central Bank of Nigeria-led rehabilitation of the National Arts Theatre, Iganmu, Lagos, has been completed and is set to host the United Nations World Tourism Organisation and Federal Government of Nigeria conference on “Linking tourism, culture, and the creative industries: Pathways to recovery and inclusive development,” between November 14 and 16, […]

By ARIZE NWOBU  Crisis is a time when difficult or important decisions must be made. And that is what the Central Bank of Nigeria, CBN, did recently in the effort to manage the foreign exchange, forex, challenge. CBN had noted that it would stop the sale of forex to banks by the end of the year. […]

CBN makes strong case for economic diversification

By Emma Ujah, Abuja Bureau Chief  The Central Bank of Nigeria (CBN) did not direct Deposit Money Banks to  seize fund in Community Associations’ Savings Accounts.  There has been apprehension among members of Community Development Associations,  Cooperative Societies and Social Clubs over reports that accounts held by such organisations which were not properly registered with […]