New Telegraph

  1. Home
  2. CBN Governor

Tag: CBN Governor

JUST-IN: CBN Raises Interest Rate To 26.75% Amid Soaring Inflation

JUST-IN: CBN Raises Interest Rate To 26.75% Amid Soaring Inflation

The Monetary Policy Committee (MPC) of the  Central Bank of Nigeria (CBN), on Tuesday raised the interest by 50 basis points to 26.75 per cent from 26.25 per cent in May 2024. The Governor of…

CBN Announces Plan To Stop Ways, Means Loans To FG

CBN Announces Plan To Stop Ways, Means Loans To FG

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN) on Friday said the apex bank will halt its Ways and Means loans to President Bola Tinubu-led Federal Government. The CBN Governor disclosed this…

BREAKING: Emefiele Freed From Kuje Prison

BREAKING: Emefiele Freed From Kuje Prison

Godwin Emefiele, the embattled former Governor of the Central Bank of Nigeria (CBN) has finally been released from Kuje prison after months of detention following his arrest by the operatives of the Department of States…

CBN Plans Recapitalisation For Banks – Cardoso

CBN Plans Recapitalisation For Banks – Cardoso

The Central Bank of Nigeria (CBN) on Friday revealed its plan to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs) across the country. The Governor of the Apex Bank, Olayemi…

Again, CBN Postpones MPC Meeting

Again, CBN Postpones MPC Meeting

The Central Bank of Nigeria (CBN) has once again postponed the Monetary Policy Committee (MPC) meeting after the same was done in September 2023. This development has, however, indicated that the newly appointed CBN Governor,…

Lawmakers Seek Uniform Exchange Rate To Strengthen Naira

Lawmakers Seek Uniform Exchange Rate To Strengthen Naira

In a bid to further strengthen the Naira, the members of the House of Representatives have revealed their plan to propose a uniform exchange rate across the country to unify both the Central Bank of…

Tony Elumelu Speaks On Tinubu Making Him CBN Governor

Tony Elumelu Speaks On Tinubu Making Him CBN Governor

Following the news making rounds that President Bola Tinubu plans to make Nigerian business tycoon, and philanthropist, Tony Elumelu the next Governor of the Central Bank of Nigeria (CBN), Elumelu has debunked the purported rumours.…

Terrorism: DSS Steps Up Investigation Of Emefiele

Terrorism: DSS Steps Up Investigation Of Emefiele

  In a view to arrest and prosecute the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on allegations bothering on terrorism financing, the Department of State Services (DSS) has on Monday stepped…

eNaira: Stakeholders query monopoly of Bitt Inc.

eNaira: Stakeholders query monopoly of Bitt Inc.

…say concentration risk, national threat Financial experts and operators in the fintech industry have identified concentration risk as a major threat to the success of the Central Bank Digital Currency (CBDC) otherwise known as the…

FX: Foreign Investment in Nigeria’s Stock Market shrinks 45% on yoy in July

FX: Foreign Investment in Nigeria’s Stock Market shrinks 45% on yoy in July

Investments from outside the shores of Nigeria in the nation’s equities market has continued to dry up due to dearth of foreign exchange for foreign portfolio investors to cash out their investment as and when…