Tag: CBN
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CBN finally admits breaking law with N23 trillion loan to Buhari govt
The Central Bank of Nigeria (CBN) has admitted for the first time it broke the law by advancing N23.2 trillion to the Buhari government,...
Nigeria dollar bonds fall after CBN report reveals Goldman Sach, JP Morgan loans
The Central Bank of Nigeria released its financial report on Friday for the first time in seven years, revealing it took hefty loans from...
CBN raises interest rate as Tinubu seeks lower borrowing costs
The Central Bank of Nigeria raised its key lending rate by 25 basis points to 18.75% on Tuesday in a bid to tame a...
SSS confirms arrest of suspended CBN governor Emefiele
Nigeria's spy police has confirmed the arrest of the suspended governor of the Central Bank of Nigeria, Godwin Emefiele.
"The Department of State Services (DSS)...
CBN denies devaluing Naira. It denied previous devaluations too
The Central Bank of Nigeria has denied devaluing the naira in a fresh attempt to unify the exchange rate.
The bank said a report by...