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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.

Senate confirms Emefiele for second term as CBN governor

Just in is that the Senate has, on Thursday, confirmed Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN) for a second term.

We give you 7 days to return the $2.5 billion missing...

The Governor of Central Bank of Nigeria, Godwin Emefiele has been asked to explain how over 2.5 billion USD allegedly missed under his watch between...

See the list of possible successors of Emefiele as CBN governor

As the clock ticks away for the tenure of the Central Bank of Nigeria Governor, Godwin Emefiele, speculations are rife that a top woman banker, Aishah Ahmad...

CBN adds fertiliser to the 41 items not eligible for forex

The Central Bank of Nigeria (CBN) has added one more item to the 41 items not eligible for foreign exchange (forex).

CBN considering adding more to the 41 items not eligible for...

The Central Bank of Nigeria (CBN) may increase the number of items not eligible for forex from 41 items to include many others products being produced in Nigeria.

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.

‘We will pay salary arrears before Christmas only on one condition’...

Recall that President Buhari had a meeting with the 36 state governors and he gave them an order to pay up salary arrears to their workers before the Christmas holiday?

FG has borrowed more than the target for 2017 – CBN...

The Central Bank of Nigeria, CBN, has expressed concern over the borrowing attitude of the government, saying the pace has exceeded the target for the 2017 fiscal year.

CBN Boss says Nigeria should be out of recession by third...

According to reports, Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has said that the country should be out of recession by the third...

It is difficult managing an economy in recession – CBN Governor...

The Governor of Central Bank of Nigeria, (CBN), Godwin Emefiele, has said that managing the nation’s economy at this moment is very difficult.

CBN Governor confirms release of his wife, says Buhari made it...

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed the release of his wife Margrett who was kidnapped on Friday 30th September 2016.

Kidnappers abduct wife of CBN Governor, demand N1.5Bn ransom

According to Sahara Reporters, Margaret Emefiele, wife of the Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, was abducted by heavily armed kidnappers along the Benin-Agbor Road on Thursday night.

We will not sell our National Assets – FG

The federal Government has said they do not intend to sell off all major national assets in other to get the Country out of recession.

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...

CBN to support Dangote’s $14B refinery project with FOREX

CBN boss Godwin Emefiele, paid a courtesy visit to the construction site of Dangote's 14 billion dollar refinery project on Monday and said the...