CBN

CBN Jerks Up Price Verification System Limit

February 16, (THEWILL) - The Central Bank of Nigeria (CBN), has announced an upward review of the Price Verification System (PVS), from 2.5 percent to 15 percent. The apex bank in a circular signed by its Director of the...

NUPRC To Relocate Units To Lagos

February 15, (THEWILL) - As the dust raised over the relocation of some key departments of the Central Bank of Nigeria (CBN) and relocation of the headquarters of the Federal Airport Authority of Nigeria (FAAN) from Abuja has yet...

CBN: Tinubu Asks Senate To Confirm Cardoso, 11 Others As Chairman, Members Of MPC

February 14, (THEWILL) - President Bola Tinubu, on Wednesday, asked the Senate to confirm the nomination of the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, as Chairman of the apex bank's Monetary Policy Committee (MPC) The request,...

Tinubu Asks Senate To Confirm Agbide, Wanga, Three Others As Directors Of CBN Board

February 13, (THEWILL) - President Bola Tinubu has asked the Senate to confirm the appointment of five persons, including Robert O. Agbide, as directors of the board of the Central Bank of Nigeria (CBN). Tinubu, in a letter read...

Why New Minimum Capital Base For Tier-1 Banks Should Be At Least $5bn

February 11, (THEWILL) - The issue of minimum capital base for deposit money Banks has, once again, come to the front burner, following the indication by the Governor of the Central Bank of Nigeria (CBN) earlier this year that...

High Cost Of Food Caused By Insecurity, Climate Change, Others – CBN

February 09, (THEWILL) - The Central Bank of Nigeria (CBN) says insecurity, climate change, subsistent and seasonal farming practices, as well as importation bottlenecks, have impacted majorly on food supply, its availability and price of food items in...

NNPC, CBN to Strengthen Relationship to Guarantee Seamless Commercial Operations

February 09, (THEWILL) - The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mallam Mele Kyari, and the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, have reviewed the decision...

Why CBN Relocated Some Departments To Lagos – Cardoso

February 05, (THEWILL) - Central Bank Governor, Olayemi Cardoso, says the relocation of some departments of the apex bank, to Lagos, will help to decongest the headquarters of the apex bank in Abuja. The decision of the CBN to relocate...

We Uncovered $2.4bn Invalid FX Claims – CBN Gov Cardoso

February 05, (THEWILL) - The Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, says the apex bank has discovered $2.4 billion invalid forex outstanding claims pressuring the naira and causing anxiety in the currency market. Cardoso disclosed this in...

CBN, FAAN Relocation: Ohanaeze Accuses Northern Govs Of Sponsoring Media Campaign Against Tinubu

February 04, (THEWILL) - The pan Igbo socio-political body, Ohanaeze Ndigbo, has expressed deep concern over the silence exhibited by the northern Governors in response to the relentless media attacks orchestrated by certain northern groups and political leaders. A statement...
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UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
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