Home entral Bank of Nigeria (CBN)

Tag: <span>entral Bank of Nigeria (CBN)</span>

Post
disregard calls for Emefiele’s resignation

disregard calls for Emefiele’s resignation

The Spokesman of the Central Bank of Nigeria (CBN), Mr Osita Nwanisobi, has faulted calls from certain quarters for the resignation of the CBN Governor, Mr Godwin Emefiele, over issues relating to the exchange rate of the Naira. Mr Nwanisobi said last night that those behind such calls were only pursuing their selfish agenda fueled by...

Post
Nigeria’s Debts May Hit N60 trillion

Nigeria’s Debts May Hit N60 trillion

As Federal Government convert its N11.91 trillion indebtedness to the Central Bank of Nigeria (CBN) to formal securitised loans, Nigeria’s debts may rise above N60 trillion by the end of first quarter. Last year, the Federal Government obtained N2.86 billion through the “ways and means” of the CBN to partly finance the 2020 budget deficit...