CBN Act
28 Nov
Former workers of the Central Bank of Nigeria (CBN), who were affected by the 1996/98 rationalisation have appealed to the Chief Justice of Nigeria (CJN), Justice Olukayode Ariwoola to reconsider their appeal SC.520/2012, Adedeji & Ors v CBN, which was dismissed “unfairly” on December 2, 2022 by the apex court, in the interest of justice.
20 Nov
By proposing to enact a bill to amend the enabling law of the Central Bank of Nigeria, so as to insulate the office of the CBN governor and its deputy governor from politics, the Senate most probably has in mind the distortions and uncertainties that prevailed in the financial sector before and after the 2023…
26 Oct
The Senate yesterday considered two bills seeking to ban the governor of the Central Bank of Nigeria (CBN) and deputy governors of the apex bank from participating in politics.
29 May 2023
The House of Representatives, yesterday, convened an emergency session to amend the Central Bank of Nigeria (CBN) Act, aimed at raising the total advances the bank can make to the Federal Government from five per cent to 15 per cent.
28 May 2023
Four weeks after approving N22.7 trillion Ways and Means granted to the Federal Government by the Central Bank of Nigeria (CBN), the Senate has increased advances the apex bank could grant to the Federal Government from five per cent to 15 per cent.