Browsing: CBN

The Director, Development and Finance of the CBN, Phillip Yusuf, disclosed this on Thursday in Lagos State.

This was sequel to an unanimous adoption of a motion by Rep. Leke Abejide (ADC-Kogi) at plenary on Thursday.

Hours after Osinbajo’s prescription, economists and experts of fiscal and monetary policies took turns to deprecate the vice president for recommending a therapy that could never help the naira  but would only herd it to the grave.

This initiative, sponsored by Outspan is being executed in partnership with the Kano Dairy and Livestock Husbandry Cooperative Union (KADALCU).

The National Long-Term Rating has been upgraded to ‘BBB(nga)’ from ‘BBB-(nga)’. 

To that extent, no patriotic Nigerian can pretend to be satisfied with the development and progress of this country 61 years after independence. Yet, it is not misguided optimism to argue that the nation’s best days are still ahead.

Reacting to the call in Abuja, the Secretary General of the CNPP, Chief Willy Ezeugwu, noted that “the CBN Governor had not done anything to warrant the call for his resignation hence PDP does not enjoy the support of other opposition political parties in this call.

National Publicity Secretary of the PDP, Kola Ologbondiyan, made the demand on behalf of the party, at a media briefing in Abuja, on Thursday.

In a press release signed by his media office on Wednesday, Atiku said that the death of Mailafia was a loss to the country.

Salam, in an interview with the News Agency of Nigeria on Tuesday in Abuja decried the continuous devaluation of the Naira, saying that the Nigerian currency was doing badly when compared to other currencies of the world.

MD/CEO of Heritage Bank Plc, Ifie Sekibo, gave this submission on the sidelines of the 14th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN) with a theme: ‘Economic Recovery, Inclusion & Transformation: The Role of Banking and Finance’.

MBF confirmed that Mailafia died at the University of Abuja Teaching Hospital Gwagwalada, Abuja.

The former presidential candidate stated this in a series of tweets on his Twitter handle a day after the CBN slammed Aboki FX.

Moghalu, a former Deputy Director of the Central Bank of Nigeria (CBN) made this known in an interview with the News Agency of Nigeria in Lagos.

He also said N300 billion had been disbursed to farmers.

But talk is always cheap. And in a democracy with its full complement of free speech, talk is even cheaper, in some cases, crass. This is the context to situate the recent poorly choreographed verbal attacks on Emefiele and the CBN. Some Nigerians have blamed him even for their personal failings. Others think he has everything to do with the sudden arrival of the coronavirus pandemic since early last year. Emefiele has been blamed for Nigeria’s dwindling economic fortunes. And you would think he and he alone has the magisterial power to determine the price of crude oil in the international market.

Festus Okoye, INEC National Commissioner and Chairman, Information and Voter Education Committee, gave the advice when he spoke with the News Agency of Nigeria on Monday in Abuja.

The bank in August had announced its technical partner for its Digital Currency Project after what it described as a competitive bidding process.

According to a statement by the apex bank, ‘the management of the Central Bank of Nigeria has confirmed the appointment of Mr Osita Nwanisobi as the Director, Corporate Communications Department, with effect from August 25, 2021.”

Dr. Kingsley Obiora, CBN Deputy Governor in charge of Economic Policy, said this at the Senate public hearing on 2022-2024 Medium Term Expenditure Framework (MTEF)  in Abuja.