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CBN unveils Nigeria Payment System Vision 2028
The Central Bank of Nigeria (CBN) has unveiled the Nigeria Payment System Vision (PVS) 2028 on Monday 1 June, 2026. The unveiling of PVS 2028 was done by Olayemi Cardoso,…
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Onanuga hits at Obi, Atiku as ‘Nigeria’s external reserves reach $41 billion milestone’
Data published on Thursday by the Central Bank of Nigeria (CBN) has revealed, Nigeria reached an "external reserve of $41,001,830,139.96". Bayo Onanuga, Special Adviser to President Tinubu, said, the latest…
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‘Obiano is an honourable gentleman’ – Soludo send wishes to Predecessor on 70th birtday
Executive Governor of Anambra State, Chukwuma Charles Soludo, has sent his good wishes to his Predecessor, Willie Obiano, on the occasion of the former Governor's 70th birthday today, Friday 8…
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‘We are focused on building a resilient and diversified economy’ – CBN Governor Cardoso
Olayemi Cardoso, Governor of Central Bank of Nigeria (CBN), said, "reinforcing our domestic financial core while forging strategic international partnerships" will lead to a "resilient and diversified economy". The CBN…
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Peter Obi send ‘warm wishes’ to Governor Soludo on 65th birthday
Former Governor of Anambra State, Peter Obi, has sent his "warm wishes" to Chukuwma Charles Soludo, on the occasion of the 65th birthday of the Governor of Anambra State. Obi…
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‘This government not trying to fix the economy’ – ADC blast Tinubu administration for celebrating rebased GDP
The African Democratic Congress (ADC) through its Interim Spox, Bolaji Abdullahi, has said, "the truth is that this government is not trying to fix the economy.' The Party added, "It…
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‘Inflation under greater control, Nigerians regaining confidence in Naira’ – Cardoso
Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has expressed certainty that, inflation in Nigeria is coming "under greater control", adding, Nigerians are now regaining confidence in the…
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CBN MPC votes ‘unanimously’ to retain MPR at 27.50%, CRR at 50%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has voted "unanimously" to retain the Monetary Policy Rate (MPR) at 27.50%; retain the Cash Reserve Ratio (CRR)…
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Firms convicted by the EFCC for Illegal capital market operations in Lagos
Two companies, FARM360 Limited and MCBHADMOS Trans-Atlantic Trade Limited, have been convicted for illegal capital market operations by Justice D.I. Dipeolu of the Federal High Court sitting in Ikoyi, Lagos,…
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CBN clarifies on Non-Resident BVN charges for Nigerians in diaspora
The Central Bank of Nigeria (CBN) has clarified on the Non-Resident Bank Verification Number (NRBVN) for Nigerians living abroad. The Nigerian Apex Bank reaffirmed its commitment to financial inclusion. In…
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Nigeria’s Economy: Edun, Cardoso meet to deepen fiscal-monetary policy alignment
Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, met to deepen fiscal–monetary policy alignment.…
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CBN affirms strength of banking sector, issues routine transitional guidance for select institutions
The Central Bank of Nigeria (CBN) affirmed via a Press Release, the strength of the Banking Sector, as well as, issued routine transitional guidance for select institutions. According to the…
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Emefiele: ‘Alleged ₦7.8bn Fraud – EFCC arraigns ex CBN Governor for unlawful possession of 753 housing units’
The Economic and Financial Crimes Commission (EFCC) made known, it arraigned former Governor of the Central Bank of Nigeria (CBN), Godwin Ifeanyi Emefiele, "on an eight-count charge bordering on criminal…
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Tags: CBN, Central Bank of Nigeria, Economic and Financial Crimes Commission, EFCC, EmefieleNo Comments
Tags: CBN, Central Bank of Nigeria, Economic and Financial Crimes Commission, EFCC, EmefieleNo Comments
Posted inBusiness
Nigeria’s Economy: CBN Governor Cardoso, Wale Edun hold strategic talks with prospective investors to boost foreign investment in Nigeria
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, and the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, with prospective investors held strategic…
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Tags: Cardoso, CBN, Central Bank of Nigeria, investors, Minister of Economy, Minister of Finance, United States, US, Wale Edun, Washington DCNo Comments
Tags: Cardoso, CBN, Central Bank of Nigeria, investors, Minister of Economy, Minister of Finance, United States, US, Wale Edun, Washington DCNo Comments
Posted inBusiness
Nigeria’s Economy: CBN Press Release – ‘Nigeria posts $6.83 Billion balance of payments surplus in 2024, signalling economic resurgence’
Press Release Nigeria posts $6.83 Billion balance of payments surplus in 2024, signalling economic resurgence Nigeria’s BOP surplus in 2024 reflects the impact of wide-ranging macroeconomic reforms, stronger trade performance,…
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Tinubunomics: CBN forecasts Nigeria’s economy to grow by 4.17% in 2025
The Central Bank of Nigeria projects Nigeria's economy to grow by 4.17% in 2025. The Nigerian Apex Bank said, the country's economy grew by 3.96% in 2024, and expected to…
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Nigeria’s Economy: Cardoso and Wale Edun meet ‘to strengthen coordination between the monetary and fiscal authorities’
The Central Bank of Nigeria (CBN) announced, the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso and Minister of Finance and Coordinating Minister of the Economy, Mr.…
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President Tinubu wants Senate to confirm Ayogu for CBN, Ndidi for NCoS
President Asiwaju Bola Ahmed Tinubu has written to the Senate to confirm Ayorgu for CBN, and Ndidi for NCoS. According to Bayo Onanuga, Special Adviser Information and Strategy to President…