CBN Insists on following Law, due Process for Naira redesign
In an apparent response to claims by the Minister of Finance, Budget and National Planning, Zainab Ahmad, that her ministry was not carried along by
Category : Finance
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Naira redesign: Experts differ as minister faults Emefiele
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has kicked against the Central Bank of Nigeria’s plan to redesign naira notes. Speaking at
Sanwo-Olu proposes N1.69trn budget of continuity
Gov. Babajide Sanwo-Olu of Lagos State on Thursday presented a N1.692 trillion 2023 budget proposal, tagged: ‘Budget of Continuity,’ to the Lagos State House of
CBN to release another $120m to foreign airlines’ says blackmails unnecessary
Nigeria’s Central Bank of Nigeria (CBN) has said by October 31, another batch of $120 million as part of the remaining trapped funds of the
Flood threatens N1.9tn CBN agric schemes, losses mount
The devastation caused by floods on hundreds of thousands of hectares of farmlands across the country currently poses a threat to the various agricultural schemes
FG, states, LGCs share N760.235bn for Sept
The Federation Account Allocation Committee (FAAC), has shared N760.235 billion to the three tiers of government as federation allocation for September. This is contained in
NDLEA freezes N20bn in socialite’s 103 bank accounts
The National Drug Law Enforcement Agency has confiscated N20bn lodged in 103 bank accounts belonging to Lagos socialite and businessman, Mallinson Ukatu, who is being
First Bank will continue to finance infrastructure projects in energy sector – Official
Mrs Oluwatoyin Aina, Head, Energy, Downstream and International Oil Trading, First Bank of Nigeria (PLC), says the bank has financed several projects in the energy
CBN redesigns naira, begins circulation Dec. 15
As means of checking serial abuse of the naira, the Central Bank of Nigeria (CBN) has concluded plans to redesign certain denominations of the currency.
eNaira records N8 billion transactions in one year
The Central Bank Governor, Godwin Emefiele, yesterday, disclosed that eNaira has recorded N8 billion in transaction value in its first year in operation. He disclosed
