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I didn’t withdraw billions of naira from national treasury – Jonathan

Former Nigerian president, Goodluck Jonathan Nigeria’s former President, Dr Goodluck Jonathan has denounced allegations that he withdrew billions of naira from the nation’s treasury while he was in office. Jonathan spoke at a meeting organised by the Anglican Community in Abuja on Friday describing the allegation as false and misleading, Channels TV reports. The former […]

Former President Jonathan Speaks on withdrawing ‘Billions’ from Nigerian treasury | Politics

Former President of Nigeria, Goodluck Jonathan has denied allegations of withdrawing Billions of Naira from the Nations treasury while he was in office.  The former president who spoke at a meeting organised by the Anglican Community in Abuja on Friday described the allegation as false and misleading.  He expressed sadness at what he described as […]

Former President Jonathan Denies Withdrawing ‘Billions’ From Treasury – Channels Television

   Former President of Nigeria, Dr Goodluck Jonathan has denied allegations of withdrawing Billions of Naira from the Nations treasury while he was in office. The former president who spoke at a meeting organised by the Anglican Community in Abuja on Friday described the allegation has false and misleading. He expressed sadness at what […]

CBN Currency Museum Acquires 1,925 Artifacts in 10 years

CBN Currency Museum Acquires 1,925 Artifacts in 10 years The Central Bank of Nigeria (CBN) has said the Currency Museum established by the bank in 2009 had so far acquired 1,925 artefacts.The Bank’s Deputy Governor, Mr Folashodun Shonubi, disclosed this at the 10th anniversary of the currency museum of the bank in Abuja on Thursday.The […]

Free Naira Marley: Fans protest for rapper’s release from EFCC custody ▷ Nigeria news

– Naira Marley’s fans storm EFCC office in Lagos to protest his release – The rapper’s fans were seen holding placards with the words ‘free Naira Marley’ – They called out the commission for not doing their job when young boys were suffering On Thursday, May 16, Legit.ng had reported that the Economic and Financial […]

CBN begins process for the proposed Payments System Vision 2030

The Central Bank of Nigeria (CBN) has begun the process of developing the Payment System Vision 2030 strategy, which will define the strategic agenda for the Nigerian Payments System over the next ten years. The new Payments System is coming just one year after the introduction of Payment System Vision (PSV) 2020. The information is contained […]

FG approves N30,000 as new allowance for NYSC, EFCC files 11 charges against Naira Marley and other stories that made the headlines this week » YNaija

Here are the ten stories that drove conversation this week: FG approves 30,000 as new allowance for NYSC The Federal Government has increased the monthly allowance of members of the National Youth Service Corps (NYSC) to 30,000. Finance Minister, Zainab Ahmed disclosed this on Thursday in Abuja during a press conference where she added that […]

First Bank, Zenith Bank, Five Others Grant MTN Nigeria N200bn Loan

First Bank, Zenith Bank, Five Others Grant MTN Nigeria N200bn Loan – Business Post Nigeria ga(‘create’, ‘UA-82078971-1’, ‘auto’); ga(‘require’, ‘displayfeatures’); ga(‘require’, ‘linkid’); ga(‘set’, ‘forceSSL’, true); ga(‘send’, ‘pageview’);

WeekAheadFX: Naira seen Appreciates against US Dollar at I&E FXWindow…

In the just concluded week, the local currency appreciated by 0.11% at the Investors & Exporters Forex Window (I&E FXW) to close N360.50. However, at the Interbank Foreign Exchange market, NGN/USD rose (i.e. Naira depreciated) by 0.06% to close at N356.60/USD despite the sustained weekly injections of USD210 million by CBN into the foreign exchange […]

Godwin Emefiele: 13 Things You Probably Didn’t Know About CBN Governor – Business (3)

Re: Godwin Emefiele: 13 Things You Probably Didn’t Know About CBN Governor by Adetunji109: 9:01pm On May 17 So now that we know, should we fry beans? Re: Godwin Emefiele: 13 Things You Probably Didn’t Know About CBN Governor by victorazyvictor(m): 9:02pm On May 17 Gforce2019: Stop deceiving yourself. He is not in your league…Go […]

The Story Of Nigeria’s Recovery From The 2016 Economic Recession

Friday, May 17, 2019 06:32 PM / Central Bank of Nigeria   Being a Paper presented by Godwin I. Emefiele, Governor, Central Bank of Nigeria at the Special Convocation of the University of Nigeria, Nsukka, on Friday, May 17, 2019 at the Princess Alexandra Auditorium, University of Nigeria, Nsukka, Enugu State   It is an […]

From Recession to Growth, by Godwin Emefiele – The Eagle Online

It is an honour and a privilege to be given the opportunity to deliver this special convocation lecture at a renowned institution that has indeed played a formidable role in my personal development, as well as in the advancement of my career. In this regard, I will like to thank the Chancellor, His Royal Majesty […]

Financial institutions seek tougher regulations after Emefiele’s appointment

Following Godwin Emefiele’s Senate confirmation as Governor of the Central Bank of Nigeria (CBN), financial institutions in the country have expressed their need for tougher regulations. In separate interviews, the Chief Executive Officers (CEOs) of these financial institutions expressed their belief that tougher regulations could help banks scale up their services. Johnson Chukwu, the CEO of […]

CBN sacrifices forex savings for naira stability

In 2018 alone, the Central Bank of Nigeria spent $36.6bn to maintain Naira’s stability as against the $15.8bn sold in 2017, translating to a whopping 130%, a CBN report has revealed. According to the report, $25.6bn was for spot sales while $11bn was sold in forward transactions. Included in the spot sale was $8.2 billion […]