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Inside Details Why 17 out of 24 Banks May Not Meet CBN’s Likely Capital Base — Ernest and Young

By Ken Afor A renowned financial institution, Ernest and Young (EY), has projected that about 17 out of 24 commercial banks in Nigeria may not...

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Tinubu Rejigs NNPC’s Revenue Process

*Orders Crude Oil Sales Revenue Should Go To CBN Directly By Ken Afor President Bola Tinubu has instructed that revenue generated from crude oil sales by...

News

EFCC Reveals: Inside Details How Emefiele Impersonated SGF To Illegally Obtain $6.2m

By Ken Afor In the amended criminal charges filed against Mr Godwin Emefiele, immediate past Governor of the Central Bank of Nigeria (CBN), by the...

Economy

Naira Stabilisation: NEC Confirms CBN Will Deploy $3Bn Loan

By Ayo Yusuf The National Economic Council on Thursday confirmed that the $3bn emergency loan-for-crude oil the Federal Government secured in August would be deployed...

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Naira Notes Palava: Again, Emefiele Races To Buhari In Villa

President Muhammadu Buhari on Monday held a closed-door meeting with the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at the State...

Banking

CBN Orders Banks To Start Disbursing New Naira Notes Over The Counter

The Central Bank of Nigeria (CBN), on Thursday has issued a directive to financial institutions across the country to commence paying customers the new...

Business

CBN Retains MPR At 11.5%, Other Parameters Remain Constant

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday voted to hold the Monetary Policy Rate (MPR) at 11.5...

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