Monetary, fiscal authorities agree on harmonisation of policies
Desirous of sustainable monetary and fiscal collaboration in efforts to pull the economy out of the current crisis, the leadership of the Central Bank of Nigeria (CBN) and the ministries of Finance...
Inflation drops to 17.8% on falling food prices, others
The Governor of the Central Bank of Nigeria, Godwin Emefiele, admitted that “we have cost-push inflation, exacerbated by supply shortages in food, fuels, and foreign exchange.
Adeosun wants CBN to extend BVN to micro finance banks
A statement by the ministry’s Director of Information, Mr Salisu Dambatta in Abuja on Monday, said Adeosun had written to the CBN Governor, Mr Godwin Emefiele, to make her case.
Emefiele warns currency speculators on more losses
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at the weekend in Lagos, warned foreign exchange speculators of further losses, as he restated the apex bank’s resolve to support the Naira.
NAICOM met with CBN to reinstate bancassurance
The National Insurance Commission (NAICOM) on Friday said it had held a meeting with the Central Bank of Nigeria (CBN) to reinstate the sale of insurance products in banks (bancassurance).
Reps probe alleged payment of N19b to state governments account
The House of Representatives is set to probe an alleged payment of N19 billion by the Ministry of Finance to the account of the 36 states rather than that of the 774 local governments.
Emefiele delighted by players’ performance
The Yakubu sisters, Oiza and Nene clinched the Girls 12 and 10 titles as the 2017 CBN Junior Tennis Championship ended with fanfare at the Lagos Lawn Tennis Club Saturday.
Reps chide Emefiele over information on $17b crude proceeds
The House of Representatives yesterday chided the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele over his alleged failure to furnish the lawmakers with details of the proceeds of crude oil...