Tags : CBN

“Obaseki’s Claim On Printing Of ₦60BN Is Untrue” -Finance Minister

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed has said there was no truth in the claim made by the Edo State Governor, Mr Godwin Obaseki that the Central Bank of Nigeria had to print between 50 Billion Naira and 60 Billion Naira for States to share in March at the meeting […]

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“WE MUST ACT WITH KNOWLEDGE, NOT FEAR” – OSINBAJO TELLS

• Advocates scaling-up of national projects • Says building 300,000 housing units in a year not too ambitious Rather than adopt a policy that prohibits cryptocurrency operations in the country, “we must act with knowledge and not fear” and develop a robust regulatory regime that is thoughtful and knowledge-based, according to Vice President Yemi Osinbajo, […]

Auditor General Accuses NNPC, CBN Of Non-Remittance Of ₦3.235 Trillion

The Auditor General of the Federation, Mr Anthony Mkpe Ayine, has queried the Nigeria National Petroleum Corporation (NNPC) and the Central Bank of Nigeria (CBN) for not remitting about ₦3.235 trillion from the sale of domestic crude to the Federations Account in 2014. The Auditor General said in one of the numerous audit queries pending […]

‘I Don’t See Anything Wrong With It’: Akeredolu Backs Freezing

Ondo State Governor, Arakunrin Rotimi Akeredolu of has defended the freezing of Bank accounts belonging to #EndSARS promoters and believes the action is not a conclusion the accounts were used to sponsor acts of treason. While speaking on a Channels TV show, the Governor who doubles as the Chairman of the South-West Governors’ Forum said: […]

#EndSARS: AGF Declines Comment On Legality Of Freezing Protesters Accounts

The Attorney General of the Federation, Mr Abubakar Malami, has kept mum when he was questioned by Journalists on the legality of freezing bank accounts owned by #EndSARS protesters and promoters. The AGF kept mum on Monday, November 9, 2020, smiled and walked away when he was accosted by Journalists who asked about the legality […]

DSS Invites Ex-CBN Deputy Governor Mailafia

The Department of State Security Services (DSS) has once again invited the former deputy Governor of the Central Bank of Nigeria (CBN), Dr Obadiah Mailafia, to its office in Jos, the Plateau State Capital. Dr Mailafia, who was also the presidential candidate of the African Democratic Congress (ADC) has previously been interrogated by officials of […]

Food, Fertilizer Importation: Buhari Orders CBN To Pay No Kobo

In his quest to boost the agriculture sector of Nigeria, President Muhammadu Buhari has echoed his administration’s commitment to ensuring Nigeria is self-sufficient in food production. President Buhari directed the Central Bank of Nigeria “not to issue a kobo” of the Country’s reserves for the importation of food items and fertilizer. The President, at a […]

Mailafia Re-Invited By DSS

A former Deputy Governor of the Central Bank of Nigeria, Mr Obadiah Mailafia, has been re-invited by the Department of State Security (DSS) for questioning. Preparing to honor the invitation on Monday, August 17, 2020, Mr Mailafia told reporters in Jos that: “I don’t know the reason but I am going as a good citizen, […]

“CBN To Fund Research For Nigerian COVID-19 Vaccine” -Emefiele

Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, says the Country’s Apex Bank is developing a framework through which it can provide financial support to achieve a Nigerian COVID-19 vaccine. Mr Emefiele said this at the unveiling of the THISDAY Dome testing, tracing, and treatment centre in Abuja on Tuesday, May 12, 2020. […]

COVID-19: NGF Asks FG To Cancel All Deductions, Restructure Debts

Members of the Nigeria Governors Forum (NGF) have urged the Federal Government to cancel all funds deductions from States. The Governors also asked the Central Bank of Nigeria (CBN) to restructure all commercial debt service payments from States. The NGF Chairman, Governor Kayode Fayemi said this at the Governor’s COVID-19 teleconference meeting held on Sunday, […]