FG borrows N24tn from CBN amid fiscal risks
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...
CBN faults report on planned nationalisation of Unity Bank
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,...
CBN reiterates commitment to building people-centred bank
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...
CBN didn’t take over National Theatre – ex-acting GM
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...
CIBN, CBN to host Banking, Finance conference, solicit media support
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...
CBN’s directive on power sector ‘ll increase hardship- NUEE
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...
Why I petitioned DSS against Obi, Baba-Ahmed – Keyamo
The Minister of State for Labour and Productivity, Festus Keyamo, on Thursday, accused the Labour Party (LP) presidential candidate, Peter Obi; and his running...
Portable is real, says Funke Akindele
Actress Funke Akindele has lauded street-hop act Portable for his originality after she watched a video of his performance with a live band.
The Lagos...
Suspension: No regret backing APC in Ebonyi, says Anyim
A former Secretary to the Government of the Federation, Senator Anyim Pius Anyim, has berated the National Working Committee of the Peoples Democratic Party...
The tokenism devolution, by Ebun-Olu Adegboruwa
Last week, it was widely reported that the President assented to sixteen new Bills sent to him by the National Assembly, most of which...
EFCC arraigns 2, firm over alleged N999.9m fraud
The Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC), on Thursday, arraigned the duo of Taiwo Oluwadahunsola and Adebola Adetayo...