“Hopefully, let us continue and not relent. It’s still early days. This is just the starting, but it seems one can be fairly and cautiously optimistic that we’re getting there. We are on the right track.”

The Central Bank of Nigeria, CBN, has reported a 433 per cent upsurge in Diaspora remittances to $1.3 billion in February from $300 million in January.

CBN has declared a clampdown on cryptocurrency firm, Binance, in recent days, with its drastic measures to save the soul of the naira,

“Interest rates are already very high, and jerking up interest rates clearly will not allow small borrowers, small businesses to have access to credit at the price to help them grow their businesses”

The Central Bank of Nigeria (CBN) has successfully concluded the sale of government securities following the issuance of N1.053 trillion (680 million dollars) in short-term instruments.

““Emefiele said it was Abokifx. Yemi Cardoso said it’s Binance…if you are not manufacturing and exporting, your country will continue to be BROKE!”

“I laugh at that question but it’s not a laughing matter and I think it is very important for Nigerians to understand that the Central Bank Governor — I and my team — are not responsible for the woes that we have today; we are part of the solution.”

The Central Bank of Nigeria has raised the monetary policy rate (MPR) by 400 basis points to a record 22.75%.

The ECOWAS Court on March 4, 2021, entered judgment in Gegenheimer’s favour, declaring his arrest and detention illegal.

The rate, which has already been reflected on the Customs portal today, February 21st, 2024, has further dampened the hope of the despondent customs brokers and their importers that the Apex bank has finally eased its foot on the pedal.