#cbn

Central bank governor Godwin Emefiele has said his office disbursed N1.01 trillion to smallholder farmers to stabilise Nigeria’s macroeconomic position. Mr Emefiele said that the CBN had increased its funding and interventions in various…

Aviation expert Bankole Bernard has urged President Muhammadu Buhari’s regime to urgently assist in the provision of foreign exchange to allow foreign airlines repatriate their unremitted ticket revenue. Mr Bernard, Finchglow Holdings…

The Federal Government-funded Phase 1 of the National Mass Metering Programme, NMMP, slated to commence in August appears to have been mired in uncertainty, it was learnt that it had been put on hold following allegations of fraud by the…

The Association of Bureaux Des Change Operators of Nigeria has urged the Central Bank of Nigeria to float the naira to halt its further depreciation. The President of ABCON, Alhaji Aminu Gwadabe, made the appeal on Saturday in an…

By Christian ABURIME As the 6th democratically elected governor of Anambra State, Professor Chukwuma Charles Soludo, CFR, has literally brought governance from its high horse to the down-trodden. Within a short period of four…

By Christian ABURIME The month of July remains a significant month in the Gregorian calendar. It is the month of birth of most outstanding world greats. It is also the month of birth of Professor Chukwuma Charles Soludo, CFR,…

The Senate, on Wednesday, said it would summon the governor of the Central Bank of Nigeria, Godwin Emefiele, over inflation and naira devaluation which had led Nigerians to more hardship. The senators lamented that the United States…

The naira fell further in the parallel market to trade for N670 against the U.S. dollar on exchange platform Aboki Forex, according to checks by Peoples Gazette. While the naira fell in value on the black market, it remained N430 to the…

The Nigerian currency has continued its free fall sinking further to N658 against the U.S. dollar in the parallel market, according to data from Aboki Forex. The naira, which traded for N620 against the dollar on Monday, N630 on…

The Central Bank of Nigeria has raised the alarm over Nigeria’s increasing debt profile under President Muhammadu Buhari, expressing concerns over debt sustainability in face of global uncertainties. This was disclosed in a communique by…