The Presidency has denied any secret recruitment of children and cronies of government functionaries at the Central Bank of Nigeria, CBN, Federal Inland Revenue Service, FIRS and other juicy agencies and parastatals of government, saying that the reports about such exercise were “inaccurate”.

The Central Bank of Nigeria (CBN) has said it will sack chief executive officer and chairman of any bank that fails to publish its financial statement within the regulatory period.

The Central Bank of Nigeria (CBN), yesterday, opened its discount window in apparent bid to save the banking system from scarcity of funds which sent interbank interest rate to 74 percent at the close of business.

The Central Bank of Nigeria, CBN, recorded 261 percent increase in its operating surplus to N123 billion for the financial year ended December 31, 2015.

Contrary to insinuations that Central Bank of Nigeria, CBN, may have abandoned the plan to inject about N760 billion into real sector special credit facility following last week’s policy reversal, the apex bank has indicated that the plan is still alive.

From oil crash to TSA (Treasury Single Account), to JP Morgan, it has evidently been a trying time for the Nigerian financial sector. It has therefore been a very busy year and a half for the policy managers at the Central Bank of Nigeria. How effectively has the apex bank managed what is arguably one of the most difficult periods in Nigeria’s economic history? Has the bank shown sufficient capacity to manage the crisis in terms of the policy options, given the prevailing policy environment? What are the steps it has taken so far? How have the indicators stacked up in response to the steps taken?

The Central Bank of Nigeria (CBN) yesterday said it has suspended some key personal involved in a fraudulent transaction uncovered by the management.

GOVERNOR Ifeanyi Okowa of Delta State has said that with the effect of the fall in oil prices on the nation, it was imperative for the country to diversify its sources of revenue, just as he urged the Central Bank of Nigeria, CBN, to be involved in entrepreneurial development.

UNIDENTIFIED gunmen, yesterday, kidnapped 91-year-old retired Director, Foreign Operations, Central Bank of Nigeria, CBN, Chief Joseph Ogedegbe at St. Michael’s Anglican Church, Emevor, Isoko North Local Government Area, Delta State.

The Central Bank of Nigeria, CBN, has refused to bow to the pressure to devaluate the Naira, as it announced, Tuesday, its decision to retain the Monetary Policy Rate, MPR at 11 per cent. It has an asymmetric corridor of +200 and -700 basis points.