He said key reforms such as subsidy removal and exchange rate liberalisation were necessary, but warned that poor sequencing and weak fiscal discipline could undermine their benefits.
Browsing: Central Bank of Nigeria
As the Central Bank of Nigeria’s recapitalisation exercise came to an end on March 31, 2026, most banks operating in…
The Economic and Financial Crimes Commission charged Emefiele with disobedience to the direction of law and illegal act causing injury to the public.
The federal government charged Emefiele with criminal breach of trust, conferring corrupt advantage, forgery, conspiracy to obtain by false pretence and obtaining money by false pretence while he was CBN governor.
The engagement, which took place during President Bola Tinubu’s state visit to Brazil, formed part of a broader working visit by the Central Bank of Nigeria (CBN) team to the Banco Central do Brasil.
Speaking at the opening of the 2025 Annual Meetings of the African Export-Import Bank (Afreximbank) on Wednesday in Abuja, he emphasised that resilience must be deliberately engineered through strategic foresight, crisis preparedness, sound governance, and stakeholder trust.
Sanusi said this in a goodwill message at a public lecture with the theme: “Weaponization of poverty as a means of underdevelopment: A case study of Nigeria,” commemorating the 60th birthday celebration of former Rivers State Governor, Rotimi Amaechi, in Abuja, on Saturday.
Emefiele is being prosecuted before Justice Maryanne Anenih by the EFCC on six counts in which he, among others, was accused of unlawfully printing of new naira notes (naira redesign).
Justice Jude Onwuegbuzie on Monday ordered the final forfeiture of the estate located at Plot 109, Cadastral Zone CO9, Lokogoma District, Abuja.
The Deputy Governor not only flagged it off at Tafawa Balewa Square, she ran the entire race, ending at Mobolaji Johnson Arena, Onikan.
The Governor of the apex bank said this when he addressed members of the Harvard Club of Nigeria in Lagos at the weekend.
At some point, one of my friends blurted out: “Naira is now N1,580 to the dollar. What exactly is Cardoso doing at the CBN?”
The bank said: “This accomplishment demonstrates the bank’s resilience and commitment to delivering results in uncertain times.”
This was part of the 2024 Nigerian Banking Sector Report by the Afrinvest Group, which was obtained on Friday.
CBN said it did this in its determination to promote stability and reduce market volatility in the foreign exchange market.
Spokesperson of the coalition, Nelson Ekujumi, made this known at a news conference on Monday in Lagos State.
The Special Adviser to President Tinubu on Information and Strategy, Bayo Onanuga, revealed this in an article.
This was contained in the data study released on the Central Bank of Nigeria website on Sunday.
She greeted us warmly and invited us to sit beside her. Her humility and warmth immediately put us at ease.
Obi, in a statement shared via his X handle on Monday, acknowledged the regulators’ affirmation that the revocation was necessary to enhance financial stability but emphasised the far-reaching impact it will have on Heritage Bank’s depositors.