Godwin Emefiele
Lawmakers reach final decision on Buhari's N22.7trn CBN loan request, repayment will take 40 years
The Nigerian Senate has listened to and decided on President Muhammadu Buhari's request to convert the N23trn loan collected from the Central Bank of Nigeria.
CBN places 7,552 BVNs on its watchlist, to close million of accounts in Access, other banks
The Central Bank of Nigeria says it is determined to use Bank Verification Numbers to sanitise the financial system and plans to close millions of bank accounts
CBN says currency outside banks now stands at N1.4 trillion
The Central Bank of Nigeria has revealed that currency outside the banking system is now about N1.4 trillion s of March 2023, representing about 66 per cent.
"CBN closes 31 in Lagos": List of 103 failed microfinance banks in Nigeria emerges
Over the years, the Central Bank of Nigeria has taken tough measures to close down at least 103 microfinance banks that failed to meet its set requirements.
Union Bank declares over N39bn profit in 2022, but there's big trouble ahead
Union Bank, one of Nigeria's oldest financial institutions, is faced with huge challenges; despite this, the bank has announced outstanding financial results.
CBN's new announcement drives BVN database to 57 million, as more Nigerians rush to link accounts
The number of Bank Verification Numbers (BVN) in Nigeria has hit 57 million as more Nigerians rush to link their bank accounts following CBN's pronouncement.
Emefiele happy with IMF growth projections for Nigeria, says CBN vindicated
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said that IMF's growth forecast for Nigeria is a sign the apex bank is doing a good job
Opay, Palmpay, Carbon, and other fintech companies' customers unable to transfer funds, explanation emerges
Fintech companies are experiencing a complete blackout in their services as millions of customers cry out that they cannot make transfers or receive funds.
Nigeria ranks 5th as new report reveals African countries with highest debt exposure to China in 2023
Nigeria is among the top 10 African countries having the highest debt exposure to China in 2023, as a new report says that the country owes about 5 countries.
Godwin Emefiele
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