Tag: CBN
Naira maintains value to dollar at parallel market
The naira on Tuesday traded at N350 to the dollar, maintaining its value since Friday.
It, however, weakened further against the pound sterling.
The naira exchanged...
CBN set to weaken the naira, warns of imminent recession
The Central Bank of Nigeria (CBN) on Tuesday abandoned its naira peg to the dollar in favour of a flexible currency regime, a policy...
We feel your pains, Lai Mohammed tells Nigerians
The Federal Government has said it is keenly aware of the difficulties that Nigerians are currently facing over the lingering fuel scarcity and poor...
Kogi governor denies receiving bailout fund
Kogi State Governor, Yahaya Bello, has distanced his administration from reports making the rounds that the state has secured a multi-billion bailout fund from...
Aisha Buhari threatens action against PDP over forex trading allegation
Wife of the President, Hajia Aisha Buhari, has advised those she accused of trying to malign her that they will be dealt with according...
PDP continues Twitter campaign against Garba Shehu despite litigation threat
The Peoples Democratic Party (PDP) Saturday ignored threat by Senior Special Assistant to the President on Media and Publicity, Garba Shehu, to sue the...
Gas explosion kills two at CBN Calabar office
An explosion thought to have been caused by a gas cylinder has rocked a Central Bank of Nigeria building in Calabar, Cross River State,...
Nightmare for South African multinationals as hammer falls on MTN, IBTC
Monday was a bad day for South African multinationals, MTN and Standard Bank, as sanctions imposed on their operations in Nigeria caused panic back...
Jonathan’s untouchable, Diezani Alison-Madueke, arrested in London over corruption allegations
By Ajani Okanlawon
Former Petroleum Minister, Diezani Alison-Madueke, was arrested in London on Friday, multiple sources have confirmed.
Four other people were also arrested by the...
More states get Buhari’s lifeline as NEC meets in Abuja
States of the federation have started benefiting from the Special Intervention Fund aspect of the presidential relief package earlier approved by President Muhammadu Buhari.
This...