Tag: CBN

Foundations Finally Holding: Tinubu Says Nigerian Economy Is Gradually Stabilising.

President Bola Tinubu has officially declared that Nigeria’s economy is “gradually stabilising” and that the tough reforms introduced…

“Treat It As Legal Tender”: CBN Warns Nigerians And Banks Against Rejecting Standard ₦100 Banknotes

The Central Bank of Nigeria has issued a fresh warning to Deposit Money Banks and the general public…

“Not Just Emefiele”: Witness Urges Court to Put Buhari and Boss Mustapha on Trial Over Alleged $6.23m CBN Loot.

The trial of former Central Bank of Nigeria Governor, Godwin Emefiele, took a dramatic turn on Friday as…

Nigeria’s Government Bank Borrowing Surges 75.6% to ₦40.38 Trillion in May: CBN Data Shows Growing Reliance on Domestic Debt

New data from the Central Bank of Nigeria, CBN, shows the Federal Government’s borrowing from banks accelerated sharply…