Tuesday, 19th March 2024
To guardian.ng
Search

CBN

1 day ago
As inflation spiked to a fresh height last month, curbing the unpleasant situation is undoubtedly one of the major tasks that will be confronting the Central Bank of Nigeria’s (CBN) Monetary Policy Committee as it meets next week.
1 day ago
Real estate has historically provided a strong inflation hedge, but rising interest rates and the looming housing crisis are raising concerns among property developers, mortgage operators and professionals.
2 days ago
The way in which the high and mighty in Nigeria were weeping during the nights of tribute for Dr. Herbert Wigwe, who, at the time of his demise, was the Chief Executive Officer (CEO) of Access Holdings, is reminiscent of how North Koreans openly wept when their leader Kim Jong-il passed away in 2011
4 days ago
To break the vicious cycle of inflation and low growth, there is a need to adopt structural reform that would support economic growth and mitigate the impact of monetary policy changes.
14 Mar
Months after the Central Bank of Nigeria (CBN) halted direct intervention in the economy, the monetary authority has allocated 2.15 million bags of fertilizer valued at N100 billion to the Federal Ministry of Agriculture and Food Security for distribution to farmers.
12 Mar
Families of the two Biannce officials detained in Nigeria have revealed their identities. Nadeem Anjarwalla, 37, and Tigran Gambaryan, 39, have been in Nigerian detention since last month when they flew into Nigeria to discuss with the country's investigators as authorities began an intense scrutiny of cryptocurrency exchanges. Gambaryan currently heads Binance's financial-crime compliance and…
12 Mar
The Economic Financial Crimes Commission (EFCC) says that former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele allegedly awarded multi-billion naira worth of contracts to his family members and associates. EFCC spokesman, Dele Oyewale, in a statement, said a seventh Prosecution Witness, PW7, in the trial of Emefiele revealed this on Monday, March…
12 Mar
It is no longer news that the continued collapse of the naira in the foreign exchange (FX) market is already eliciting desperate and panicky measures from the monetary authorities.
11 Mar
After a riotous February, naira seems to be on a new price-discovery path even as multiple estimates agree the currency is currently trading below its “fair value”, suggesting a significant appreciation that will raise the exchange rate to about N1400/$ before the end of the year.
11 Mar
Keni is a 300-level student of the University of Abuja. As the first of a five-child family to gain admission into the university, the Chemical Engineering undergraduate is on the verge of not registering for the current first semester except a miracle happens. This is because her reliance on the federal government’s student loan to pay tuition fees, which the university authorities have increased by 75 per cent, may not see the light of the day.
11 Mar
The rising number of hungry and angry Nigerians is enough to worry any government. Measures by the government to assuage the pains of Nigerians appear to be slow in taking effect.
10 Mar
The Central Bank of Nigeria (CBN) has signed a Memorandum of Understanding (MoU) with a blockchain firm, Gluwa to drive the increased adoption of Nigeria’s digital currency, e-Naira.

Latest

30 mins ago
Veteran nollywood actor, Amaechi Muonagor, has reached out to the public for financial assistance to undergo a crucial kidney transplant in India. The actor was seen in a video circulating on social media, looked, visibly frail, pleaded for help while lying on a hospital bed. Accompanied by his colleague Kingsley Orji, who spoke on his…
38 mins ago
Troops from the Nigerian Army have successfully averted a kidnap attempt by a violent extremist and insurgent group in Tantatu Community in the Kajuru Local Government Area (LGA) of Kaduna State. Spokesman of the Nigerian Army, Major General Onyema Nwachukwu, in a statement on Tuesday also confirmed that the troops deployed in 1 Division area…
40 mins ago
The leader of Singapore's opposition was charged Tuesday with two counts of giving false testimony before a parliamentary committee during a probe into one of his party members, police and prosecutors said. Pritam Singh, head of the Workers' Party, was charged at the State Courts for having twice "falsely testified" before the committee in December…
1 hour ago
Victor Osimhen will miss Nigeria's Super Eagles' two friendly games against Black Stars of Ghana and Eagles of Mali due to injury. Osimhen was an unused substitute for Sunday’s 1-1 draw with Inter Milan at San Siro and barely trained in the days before the match. According to Napoli coach, Francesco Calzona, Osimhen's absence was…
1 hour ago
Two children have been burned to death in Bauchi following a fire incident in their residence, the police said in a statement on Monday. The statement issued by the Spokesperson of Bauchi State Police Command, SP Ahmed Wakil, also said a suspected motorcycle thief was set ablaze by a mob at Magamar Gumau Market, Toro…
1 hour ago
Former K-pop star Jung Joon-young left prison Tuesday after completing a five-year term for gang rape and illicit filming, in one of South Korea's high-profile spycam scandals. Jung was found guilty of rape on two occasions in 2016 and of filming himself having intercourse with other women without their knowledge and sharing the footage without…
1 hour ago
A bus carrying students from a top Kenyan university collided with a truck on a busy highway after skidding in heavy rain, killing 11 of them and seriously injuring 42, police said. The accident occurred at 5:50 pm (2:50 GMT) Monday at Maungu, 360 kilometres (220 miles) from the capital Nairobi, when the students from…
3 hours ago
The Yoruba Obas Forum has described the death of Oba Lekan Balogun, the Olubadan of Ibadan, as a colossal loss to Yorubaland. According to the News Agency of Nigeria (NAN), National President of the forum and Molokun of Atijere, Oba Samuel Adeboye, stated this in a condolence message on behalf of other members, yesterday, in…
3 hours ago
Boxing icons, Tyson Fury and Anthony Joshua, are being lined up for a two-fight deal. The two British rivals have not yet met in the ring despite being two of the most dominant boxers in the heavyweight division over the past decade.
3 hours ago
Ghana’s new coach, Otto Addo, has said that he omitted Arsenal midfielder, Thomas Partey, from the Black Stars’ team that will meet the Super Eagles in a friendly match on March 24 because “he asked to be excused from the game to gain full fitness following recent injuries.”