CBN

The Federal Government has borrowed N6.31tn from the Central Bank of Nigeria through Ways and Means Advances in 10 months. This has pushed the Federal Government’s borrowing from the CBN from N17.46tn in December 2021...

The Central Bank of Nigeria (CBN) has denied the alleged plans to nationalise Unity Bank Plc as claimed by an online news medium. Faulting the report, the Acting Director, Corporate Communications Department, CBN,  Osita Nwanisobi,...

The Central Bank of Nigeria (CBN) has reiterated its commitment to being people-centred and meeting the needs of the Nigerian people. Mr Osita Nwanisobi, Acting Director, Corporate Communications Department, CBN made the assertion on Thursday...

Mr Sunday Baba, the immediate past Acting General Manager of the National Arts Theatre, Lagos, says the Central Bank of Nigeria (CBN) did not take over the national monument.Baba said that the CBN, through...

The Managing Director/Chief Executive Officer of Ecobank, Mr Patrick Akinwutan has commended the media for its agenda-setting role and the enormous influence it wields in shaping the course of the economy.Akinwutan gave the commendation...

The Nigeria Union of Electricity Employees (NUEE) says the Central Bank of Nigeria (CBN)’s directive authorising banks to ring-fence collection accounts of electricity distribution companies (DisCos) in Nigeria is counter productive.Its General Secretary, Mr Joe Ajaero, said on...