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Nigeria’s Inflation Rate Eases To 16.05% In October – NBS
THE National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate eased further to 16.05 per cent in October.
The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for October, which was…
Whistleblowers: Arbitrator in GHL–First Bank Dispute Accused of Holding FBN Shares
* Experts: Undisclosed Interest May Invalidate Arbitration Award
Fresh controversy has trailed First Bank of Nigeria’s (FBN) bid to take over the assets of General Hydrocarbons Limited (GHL), following revelations that the Sole…
Effective Communication Key To Banking Recapitalisation, $1trn Economy Target – CBN
THE Central Bank of Nigeria (CBN) has identified strong and effective communication as a catalyst to actualise the ongoing banking sector recapitalisation in the country.
Mr Philip Ikeazor, the CBN Deputy Governor, Financial…
Finance Minister, Edun, 3 CBN Deputy Governors, Others Bag CIBN Honorary Fellowship
THE Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun and three Central Bank of Nigeria (CBN) Deputy Governors on Saturday in Lagos received honorary fellowship of the Chartered Institute of Bankers of Nigeria…
Cardoso Leads Nigeria’s Delegation To World Bank Meeting
OLAYEMI Cardoso, governor of the Central Bank, will lead Nigeria’s delegation to the World Bank and International Monetary Fund Annual Meeting in Washington DC, which opens on Monday, October 13.
Cardoso, as the alternate Governor,…
CBN Reforms To Stabilise Economy, Restore Investor Confidence – Cardoso
OLAYEMI Cardoso, says the bank’s reforms are aimed at stabilising the economy, restoring confidence and bringing inflation down to single digits in the medium term.
Cardoso said this while taking questions during a fireside…
CBN Governor Cardoso Reaffirms Commitment To Stronger Banking Sector, Macroeconomic Stability
OLAYEMI Cardoso, governor of the Central Bank of Nigeria (CBN), has reiterated the bank’s commitment to establishing macroeconomic stability, fortifying the banking sector, and establishing Nigeria as a top investment destination.…
World Bank Reaffirms Support For Nigeria’s Development Agenda
THE minister of Finance and Coordinating Minister of the Economy, Wale Edun, has received the executive director for Angola, Nigeria and South Africa (ANSA) Constituency at the World Bank, Zainab Shamsuna Ahmed, weekend for a strategic…
Charges: Customers Lament, Want CBN To Caution Banks
CUSTOMERS of various banks have continued to lament over the numerous debit alerts from their accounts in spite of their appeals to banks.
Some of them who spoke to the News Agency of Nigeria (NAN) in Abuja on Sunday,…
Energy Prices, FX Stability Drive June Inflation Drop – Cardoso
YEMI Cardoso, Governor of the Central Bank of Nigeria (CBN), has attributed the decline in headline inflation in June to moderation in energy prices and stability in the foreign exchange market.
Cardoso said this on Tuesday in…