CENTRAL BANK OF NIGERIA (CBN) Archives - Page 3 of 3

Importers’ Woes Worsens As FG Raises Cargo Clearance Rate Again In 24 Hours, Now N1,413.62 Per Dollar

Global UpfrontFeb 3, 2024February 3, 20240

For the second time in 24 hours, the Federal Government has reviewed the Nigeria Customs Service (NCS) exchange rate for importation of goods. The exchange

Naira Free Fall: As Things Fall Apart…Has Olayemi Cardoso Played His Last Card?

Global UpfrontJan 31, 2024January 31, 20240

Olayemi Cardoso’s butts are scorched red right now. His appointment as the Governor of the Central Bank of Nigeria (CBN) thrust him into the core

Nigeria: Vultures And Hornbills Of The North

Global UpfrontJan 30, 2024January 30, 20240

By Suyi Ayodele In my place, we say one vegetable does not chase another out of the plate. South-South’s Edikang ikong soup is a practical

Tinubu Has No Plan To Relocate Nigeria’s Capital to Lagos, Says Presidency, Defends Relocation Of FAAN HQ, CBN Depts To Lagos

Global UpfrontJan 25, 2024January 25, 20240

The Presidency has defended the relocation of some departments of the Central Bank of Nigeria (CBN) and the Federal Airports Authority of Nigeria (FAAN) headquarters

Arewa Consultative Forum Rejects Relocation Of FAAN HQ, CBN Departments To Lagos

Global UpfrontJan 22, 2024January 22, 20240

The Arewa Consultative Forum (ACF) has described relocation of the Federal Airports Authority of Nigeria (FAAN) headquarters to Lagos as a ploy to further underdevelop

Finally, Emefiele Perfects Bail Conditions, Regains Freedom

Global UpfrontDec 23, 2023December 23, 20230

Immediate past Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been released from the Kuje Correctional Centre after meeting up with his

Concerns Mount over Naira’s Free Fall Against US Dollar

Global UpfrontDec 11, 2023December 11, 20230

There was growing frustration over the continued depreciation of the naira against the dollar at the weekend, with the local currency weakening to N1, 099

Emefiele Abandoned, To Spend Christmas, New Year Celebrations In Prison As He Fails To Meet Bail Conditions

Global UpfrontNov 29, 2023November 29, 20230

The embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, will spend both the Christmas and New Year Day celebrations behind bars.

Naira Crashes, Crashes To N1,000/$ In Black Market

Global UpfrontSep 22, 2023September 22, 20230

Nigeria’s foreign exchange crisis worsened on Thursday as a dollar exchanged for over N1,000 at the parallel market. Survey at popular black markets in

Telcos, Deposit Money Banks And Unresolved USSD Debts

Global UpfrontSep 13, 2023September 13, 20230

By Sonny Aragba-Akpore Despite the hype around financial inclusion which telecommunications regulator, the Nigerian Communications Commission (NCC) put at 70%, the controversy surrounding the over