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The Central Bank of Nigeria (CBN), yesterday, disclosed that it had no documents backing the N6.7 trillion fuel subsidy payment claim of the Federal Government.
A Coalition of over 70 Civil Society Organisations (CSOs), the Nigeria Civil Society Situation Room, yesterday urged the Federal Government to desist from increasing and introducing new taxes on Nigerians
Contrary to claims by the Central Bank of Nigeria (CBN) that weakening of the value of the naira was caused by non-remittance of funds into foreign reverse by the Nigerian National Petroleum Company Ltd, fresh facts have shown that NNPC remitted N2.7 billion into its accounts with the CBN from January to June this year.
The National Youth Council of Nigeria (NYCN) has blamed the poor economic management policies of the Governor of the Central Bank of Nigeria (CBN), Godwin Emeﬁele, for the recent free-fall of the Naira. The Naira within the week depreciated to an all-time low of ₦730 to a U.S dollar at the parallel market. President of…
Exactly a year after the Central Bank of Nigeria (CBN) stopped the weekly funding of the bureaux de change (BDC) operators, crisis in the foreign exchange (FX) has worsened, with the dollar nearing the N700/$ ceiling, yesterday.
The Central Bank of Nigeria (CBN) has clarified the warning issued by its Governor, Godwin Emefiele, on the illicit conversion of currency. It noted that the caution does not apply
Non-oil export key to Nigeria’s economic renewal, say stakeholders at Zenith Bank’s int’l trade seminar
Stakeholders unanimously called for support of Nigeria’s non-oil export sector, yesterday, at the seventh Annual Edition of the Zenith Bank International Trade Seminar, themed: ‘Unlocking Opportunities in Nigeria’s Non-Oil Export Business.’
Ahead of the 2023 general elections, the Independent National Electoral Commission (INEC) might be left with no option but to resume the storage of sensitive election materials with the Central Bank of Nigeria (CBN). INEC National Commissioner for Information and Voter Education, Festus Okoye, who gave the hint during a television programme on Monday, said…
In the face of economic and financial challenges, members of the rate-fixing arm of the Central Bank of Nigeria (CBN), the Monetary Policy Committee (MPC), will face tough choices in the next two days as the sustained inflationary pressure...
The seventh edition of the annual of the Zenith Bank International Trade Seminar will be held on Wednesday, July 20, 2022, at the Civic Centre, Victoria Island, Lagos, and virtually.
President Muhammadu Buhari will depart Abuja today, Wednesday, to participate in the International Development Association (IDA) for Africa Summit in Dakar, Senegal. An institution of the World Bank Group, IDA is deepening its support to drive a resilient recovery for countries hit by the global crises of climate and COVID -19, growing levels of insecurity…
A Coalition of over 70 civil society organisations, the Nigeria Civil Society Situation Room, yesterday, expressed concern that the current leadership of the Central Bank of Nigeria ...