28 results
- 27 Aug 2013
Okonjo-Iweala Inaugurates Sarah Alade-led NEXIM Board
The Board of the Nigeria Export-Import Bank (NEXIM) recently reconstituted by President Goodluck Ebele Jonathan, has been inaugurated by Dr. Ngozi Okonjo-Iweala, coordinating minister for the Economy…
- 31 Jul 2014
Changes in AFC’s Board, Alade Assumes Chairmanship
Board of the Africa Finance Corporation (AFC) on Wednesday announced that as part of AFC’s Board succession process, Mr. Adebayo Ogunlesi and Mr. Aliyu Dikko retired from the Board of Directors.…
- 30 Mar 2017
AFC Appoints Nnanna as Chairman
Africa Finance Corporation (AFC), a leading Pan-African multilateral development finance institution and project developer, has announced that Dr Sarah Alade, its Chairman, representing the…
- 20 Feb 2014
Jonathan Sacks Sanusi, CBN Governor
President Goodluck Jonathan has suspended Malam Sanusi Lamido Sanusi, governor of Central Bank of Nigeria (CBN) and directed Sanusi to hand over to Dr. Sarah Alade, most senior deputy governor…
- 26 Feb 2014
CBN Enhances Security Policy to Prevent eFraud
Central Bank of Nigeria (CBN), has unveiled new security policies to protect bank customers and the business community against electronic fraud. Dr. Sarah Alade, acting governor of the apex bank said…
- 13 May 2014
CBN Chides Banks over Money Laundering
Dr. Sarah Alade, acting governor of the Central Bank of Nigeria (CBN), has linked banks to money laundering and other related crimes and accused them of aiding or abetting the crimes knowingly or…
- 13 Mar 2014
Low Purchasing Power Chasing Coins out of Circulation – CBN
Dr. Sarah Alade, acting governor, Central Bank of Nigeria (CBN) has said that that the low purchasing power of the coin as opposed to other currency denomination is a major reason for its limited…
- 1 Jun 2014
Emefiele, New CBN Gov. Resumes Tomorrow
Godwin Emefiele, newly-appointed Governor of Central Bank of Nigerian (CBN), will Tuesday take the mantle of leadership at the apex bank from Dr. Sarah Alade, acting-governor of the bank. Emefiele…
- 4 Jun 2014
Emefiele Unveils Agenda June 5
Godwin Emefiele, the new CBN Governor is expected to unveil his agenda for the bank and the people of Nigeria at a maiden World Press Conference on Thursday, June 5, 2014, according to a statement…
- 26 Feb 2014
CBN, IFC to Host 2014 International Sustainable Banking Forum in Lagos
The Central Bank of Nigeria and IFC, a member of the World Bank Group, will host the second International Sustainable Banking Forum on March 3-4, 2014, in Lagos, Nigeria. The Forum will serve as a…
- 7 Mar 2014
New Twist in Alleged Missing $20Bn Oil Money Probe
A dramatic twist was added to the alleged missing $20 billion oil money as Mr. Samuel Ukura, auditor general of the Federation, yesterday, told the Senate Committee on Finance investigating the…
- 21 May 2014
CBN Expresses Concern over External Reserves Depletion
The Monetary Policy Committee of the Central Bank of Nigeria (CBN), yesterday expressed concern over the drop in fiscal buffers stating that the development had exposed the economy to vulnerabilities…
- 21 May 2014
Sanusi Remains Suspended as CBN Chief- Court
Mallam Sanusi Lamido Sanusi, suspended governor of Central Bank of Nigeria (CBN) yesterday, lost his bid to return to office as the Federal High Court sitting in Abuja declined to set aside his…
- 23 Sept 2014
CBN Seeks Banks’ Support to Tackle Payment System Impediments
The Central Bank of Nigeria (CBN) yesterday called for support from the banking sector to strengthen consumer confidence in the country’s payment system. Godwin Emefiele, governor of the apex bank,…
- 21 Sept 2015
Emefiele, CBN Gov. Under Fire over Cash Crunch, Hardship
Godwin Emefiele, governor, Central Bank of Nigeria (CBN) is coming under fire from economists and investors as Nigeria, Africa’s top crude producer reels from the collapse in oil prices. The governor…
- 26 Jun 2020
Subdued Hit from COVID-19, Subdued Rebound Too
By Gregory Kronsten The impact of COVID-19 on output in Nigeria is likely to be less severe than on many comparable economies. The IMF’s World Economic Outlook in April saw GDP contraction of -3.4…
- 26 Mar 2013
CBN Allays Concerns as Nigeria's Inflation Rises
Nigeria's inflation is likely to exceed 10 percent at some point over the next few months, but will return to single digits by the fourth quarter, according to statement from the Central Bank of…
- 30 Aug 2013
CBN Says Rogers, IMF Rep is Friend of Nigeria
The Central Bank of Nigeria (CBN) has described Dr. William Scott Rogers, out-going senior resident representative of the International Monetary Fund (IMF) in Nigeria, as a true friend of the…
- 1 Oct 2013
CBN Bans Importation of Foreign Currency
Central Bank of Nigeria (CBN) has banned the importation of all foreign currencies except with approval. This is coming on the heels of the apex bank’s withdrawal of the operating licence of 20…
- 12 Nov 2013
CBN Orders Banks to be Security Certified By 2015
The Central Bank of Nigeria (CBN) has mandated all commercial banks to be information security-certified by 2015. Tunde Lemo, deputy governor (Operations), stated this during conferment of ISO 27001…
- 2 Dec 2013
The New CBN Governor by Sanusi
Whoever will be picked by President Goodluck Jonathan to take over at the Central Bank of Nigeria (CBN) must be able to develop the market, according to Sanusi Lamido Sanusi, governor of the apex…
- 6 Jan 2014
Ministers, Bank Chiefs Jostle for Sanusi’s Job @ CBN
Mr. Olusegun Aganga, minister of Industry, Trade and Investment and Dr. Yerima Ngama, minister of State for Finance have reportedly joined the high-wired corporate cum political chess game to succeed…
- 12 Jan 2014
FG Considers Oduoza, UBA Boss, Others as Sanusi’s Successor
The federal government is considering a long list of eminent Nigerians to replace Sanusi Lamido Sanusi, governor of Central Bank of Nigeria (CBN) whose tenure at the apex bank will run out this June,…
- 20 Feb 2014
Jonathan Appoints Emefiele, Zenith Bank Chief to Replace Sanusi
President Goodluck Jonathan has appointed Godwin Emefiele, who is the managing director of Zenith Bank, as the new governor of Central Bank. Mr. Jonathan submitted Mr. Emefiele’s name to the Senate…
- 25 Feb 2020
Minister of Finance Engages Market Stakeholders During “A Day At The NSE"
Dr. Zainab Shamsuna Ahmed, the Honourable Minister of Finance, Budget and National Planning, was hosted by the Nigerian Stock Exchange (NSE) recently. The event themed, “A Day at the NSE” marked the…
- 8 Mar 2010
MasterCard to Drive Innovation in Nigeria’s Payments Industry
MasterCard Worldwide announced that it will work with customer financial institutions and the government to bring more innovation to commercial transactions and payment solutions to Nigerian…
- 10 Oct 2019
UBA Rewards 20 More Customers in Final Draw of Wise Savers Promo as 80 Customers Win N120m
United Bank for Africa (UBA) Plc, Pan African financial institution, has again rewarded another 20 customers who have emerged winners in the final draw of the UBA Wise Savers Promo, winning N1.5…
- 20 Mar 2015
Mahlangu Emerges As Winner of the 2014 Etisalat Prize for Literature
South African writer, Songeziwe Mahlangu emerged as winner of the 2014 Etisalat Prize for Literature at a grand event held at Lagos recently. This marks the 2nd year of Africa’s most prestigious…