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Relief coming with more forex, reduced inflation — CBN, NESG

Relief coming with more forex, reduced inflation — CBN, NESG

The Central Bank of Nigeria, CBN, the Nigeria Economic Summit Group (NESG), along with the World Bank, the International Monetary Fund (IMF) and economy experts yesterday indicated that the Nigerian economy will achieve some stability leading to a reduction in the inflation rate, unemployment and poverty.

CBN’s power play: What lies beneath the banking drama 

CBN’s power play: What lies beneath the banking drama 

By AWAAL GATA THE recent decision by the Central Bank of Nigeria, CBN, to dissolve the Boards and Management of Union Bank, Keystone Bank, and Polaris Bank has ignited widespread discussions across the nation. This move has not only attracted attention but has also divided public opinion, with the public interpreting the decision in different ways […]

CBN pays $2bn in outstanding forex liabilities

CBN pays $2bn in outstanding forex liabilities

The Central Bank of Nigeria (CBN) says it has paid approximately two billion dollars in its bid to clear the backlog of outstanding foreign exchange liabilities across various sectors.

Stop media trial of Emefiele, others — Moghalu

Stop media trial of Emefiele, others — Moghalu

“Assuming it is, in fact, the real report, it’s wrong for such a sensitive report to have ‘leaked’ to the public before the President and his government have reviewed and spoken to it”