Tag: CBN
Breaking: DSS makes U-turn, says Emefiele in custody
The Department of State Services (DSS) has declared that the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is in its...
Few things to know about acting CBN Governor, Folashodun Shonubi
President Bola Tinubu, on Friday, June 9, appointed the Deputy Governor, Operations Directorate, Central Bank of Nigeria (CBN), Folashodun Adebisi Shonubi, as the acting...
DSS arrests Emefiele after suspension as CBN Gov
The operatives of the Department of State Services (DSS) have reportedly arrested the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.
It...
Tinubu suspends Emefiele as CBN Governor
President Bola Tinubu has suspended Godwin Emefiele as the Governor of the Central Bank of Nigeria (CBN) with immediate effect.
This was made known via...
CBN: We didn’t devalue naira to N630/$1
The Central Bank of Nigeria (CBN) has debunked reports making the rounds that the apex bank devalued the naira to N630 to the dollar...
Senate passes bill to increase CBN’s advances to FG
Senate has passed a bill seeking to amend the Central Bank of Nigeria (CBN) Act to increase its advances to the Federal Government from...
Breaking: Senate in emergency plenary over CBN Act amendment
The Senate is presently in emergency plenary over the amendment of the Central Bank of Nigeria (CBN) Act, 2004.
According to the order paper, the...
Breaking: CBN raises interest rate to 18.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) from 18 per cent to 18.5...
CBN revokes 179 microfinance banks’ licences
The Central Bank of Nigeria (CBN) has revoked the operating licenses of no fewer than 179 microfinance banks in the country.
This was made known...
$18.5bn Refinery: Dangote has paid $6bn, $3bn outstanding – Emefiele
Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has revealed that Dangote Group has paid $6 billion out of the $9 billion...