A former Secretary at the Central Bank of Nigeria, John Ogah, on Monday testified in the trial of ex- CBN governor, Godwin Emefiele, for fraud and abuse of office. Emefiele is…
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Category: Business
CBN, IFC partner to boost Nigeria’s local currency financing
The International Finance Cooperation (IFC), a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have signed an agreement to increase local currency financing. According to…
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Dangote backs Tinubu’s CNG drive, invests over $280m in trucks, infrastructure
… becomes the largest operator of CNG trucks in Nigeria In a demonstration of its support for President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner…
Read More Dangote backs Tinubu’s CNG drive, invests over $280m in trucks, infrastructure
FirstBank assures seamless banking operations amidst suppliers platform enhancement
Our reporter/ Nigeria’s premier financial institution, First Bank has assured customers that the proposed suppliers platform enhancement programe will not affect the Bank’s operations. “Please be informed that no system…
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Old naira notes remain legal tender indefinitely – CBN
Our reporter/ The Central Bank of Nigeria [CBN] on Thursday confirmed that the old naira notes will remain the country’s legal tender for the foreseeable future. The apex bank’s spokesperson,…
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