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CBN insists President Buhari must hike VAT

The Central Bank of Nigeria (CBN) has said the country wants to hike Value Added Tax (VAT) from five per cent to 7.5 per cent to raise revenue.

CBN invalidates Skye Bank’s operating license

The Central Bank of Nigeria, CBN has revoked the operating license of Skye Bank. Umar Ibrahim, chairman of the Nigeria Deposit Insurance Corporation (NDIC), made this known to journalists today Friday, September 21st.

CBN cries out over rising naira abuse

The Central Bank of Nigeria has decried the growing abuse of the naira through squeezing, selling, spraying and marching on foot while dancing at public functions as well as hoarding by some citizens.

Just in: CBN retains monetary policy rate at 14

Word out is that the Monetary Policy Committee of the Central Bank of Nigeria on Wednesday left the Monetary Policy Rate unchanged at 14 percent.

Oby Ezekwesili backs Soludo, says Buhari inherited a bad situation but...

Oby Ezekwesili, former Minister of Education, has backed former CBN governor, Charles Soludo, who, last week, claimed that President Buhari inherited a bad situation but made it worse.

Naira exchange rate will henceforth be market- driven – CBN

The Central Bank of Nigeria (CBN) has announced that naira exchange rate will be market driven and they are determined to make this market...

CBN Governor Emefiele buries mother in grand style

Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele buried his mother Mrs Alice Emefiele on Saturday at Agbor, Delta state in...

CBN Governor rumoured to be next in line for sacking

Rumour has it that the Governor of the Central Bank of Nigeria (CBN) , Godwin Emefiele, may be the next top profile government official...

Ex-CBN Governor Soludo says 2016 budget was copied from the last...

Prof. Charles Chukwuma Soludo, an ex-Governor of the Central Bank of Nigeria has faulted President Muhammadu Buhari’s 2016 budget proposal. Prof. Soludo while speaking...

You can now pay forex into your domiciliary accounts

Great! We hear that the Central Bank of Nigeria (CBN) has lifted the ban on foreign currency deposits into domiciliary accounts. The development was...

Why your 2016 travel plans may be disrupted

  Dear Businessmen, students, visitors, medical tourists and whoever else is concerned, brace up because the scramble for international flights is set to begin next...

Photos: Emir Of Kano’s visit to Mr President

Former CBN governor and Emir of Kano Sanusi Lamido paid a visit to Aso Rock yesterday and was pictured all smiles with the President. ...