Tag: CBN
CBN debunks hike in overseas tuition
The Central Bank of Nigeria (CBN) has debunked reports that the payment of overseas tuition fees by Nigerians will cost more as from January 2023, due to the...
Buhari: why I can’t sack Emefiele
President Muhammadu Buhari has said it is the responsibility of the Central Bank of Nigeria board of directors to determine whether a CBN Governor’s...
Sanwo-Olu advocates economic diversification, non-oil exports
Lagos State Governor, Babajide Sanwo-Olu, has reiterated the call for economic diversification in Nigeria, saying the country should shift from overdependence on oil and...
CBN, Bankers’ Committee to launch non-oil export framework
The Central Bank of Nigeria (CBN) has developed a comprehensive non-oil export optimisation framework, which would be launched at its maiden summit on non-oil...
Election materials: INEC severes ties with CBN over Emefiele’s ambition
The Chairman of the Independent National Electoral commission (INEC), Prof. Mahmood Yakubu, has said sensitive electoral materials will in the meantime no longer be...
TAJBank reports 433% profit, balance sheet hits N110bn
Nigeria’s leading non-interest bank, TAJBank Limited, says it recorded Profit Before Tax (PBT) of N1.6 billion in Financial Year 2021.
The bank’s Managing Director, Mr....
Adeboye inaugurates Premium Trust Bank in Asaba
General Overseer of Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, on Monday, inaugurated a branch of Premium Trust Bank in Asaba, Delta.
Adeboye, who...
CBN debunks Emefiele’s sacking
The Central Bank of Nigeria (CBN) has debunked the report purporting the sacking of the bank’s governor, Godwin Emefiele.
Social media was on Wednesday awash...
CBN raises interest rate to 13%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to raise the Monetary Policy Rate (MPR), which measures interest...
CBN debunks withdrawing Naira notes from circulation
The central Bank of Nigeria (CBN) has debunked the reports that the apex bank has concluded plans to replace the Naira notes in circulation...