Boma Achenimie
The Nigeria Police Force (NPF) has distanced its boss, the Inspector General of Police (IGP), Kayode Egbetokun from having any connection with the alleged cartel that smuggled some money from the Central Bank of Nigeria (CBN) in…
Boma Achenimie
Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has reeled out nine reasons why African countries can’t create prosperity. Moghalu said Nigeria and other African countries have weak governance capacity, including…
Boma Achenimie
A former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has backed the decision of organised labour which is considering ₦100,000 as the minimum wage for Nigerian workers. New Telegraph had earlier…
Boma Achenimie
The Northern Elders Forum (NEF) has joined thousands of others to condemned the Central Bank of Nigeria (CBN)’s recent decision to impose a cybersecurity levy on bank customers. Condemning the decision in a statement issued…
Boma Achenimie
Following the announcement of the recently introduced cybersecurity levy of 0.5 per cent on electronic banking transactions, the Centre for the Promotion of Private Enterprise (CPPE) has claimed that the Federal Government will rake between…
Boma Achenimie
Governor of Anambra State, Professor Chukwuma Soludo on Monday said Nigeria’s biting economic situation is an “inevitable” phase for the betterment of the nation. It would be recalled that Nigeria’s inflation level rose to 31.70…
Boma Achenimie
The embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has threatened to sue the Senate President, Sen. Godswill Akpabio over alleged defamation. Emefiele through his legal team said he would slam…
Boma Achenimie
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…
Boma Achenimie
In a renewed effort to stabilize the fluctuating exchange rate, the Central Bank of Nigeria (CBN) on Wednesday directed the Deposit Money Banks (DMBs) to offload their dollar excess reserves by February 1, 2024. This…
Goli Innocent
Nigeria’s external reserves data released by the Central Bank of Nigeria (CBN), has revealed a notable decline of 10.86 per cent year-on-year (YoY) from $37billion on the first business day of 2023 to $33 billion…
