CBN staff panic as Cordoso announces waves of firings
By Uzair Adam Imam Central Bank of Nigeria (CBN) employees have expressed profound apprehension as the specter of job loss looms large following the appointment of Dr. Olayemi Cardoso as…
By Uzair Adam Imam Central Bank of Nigeria (CBN) employees have expressed profound apprehension as the specter of job loss looms large following the appointment of Dr. Olayemi Cardoso as…
Baffa Kabiru Gwadabe, PhD When I first saw the news, I was overwhelmed by the efforts of Mr. Cardoso as the apex Bank Governor trying to stabilize the Naira. In…
By Haruna Chiroma Binance is widely regarded as the largest cryptocurrency platform globally, facilitating billions of dollars in transactions daily. As of March 3 2024, it had over 179 million…
By Sabiu Abdullahi The Central Bank of Nigeria (CBN) has announced the suspension of new loan applications under its Intervention Program. The decision, conveyed through a circular titled "Suspension of…
By Sabiu Abdullahi The Central Bank of Nigeria (CBN) has issued a strong caution to the public regarding the surge in illegal Naira banknotes circulating in the country. CBN's Acting…
By Sabiu Abdullahi Former governor of the Central Bank of Nigeria (CBN), Muhammad Sanusi II, voiced concerns over the inflationary pressures and devaluation of the naira caused by the CBN's…
By Sabiu Abdullahi The Central Bank of Nigeria (CBN) has declared an indefinite extension of the legal tender status for the old design N200, N4500, and N1,000 denominations. These banknotes…
By Baffa Kabiru Gwadabe Over the past few months, Nigeria has been suffering from continuous depreciation of its currency, the naira. The naira has depreciated from barely ₦600/$ in the…
By Sabiu Abdullahi The Central Bank of Nigeria (CBN) has debunked rumors of a naira redenomination in the near future. In a statement, which was signed by the bank's Director…
By Ibrahim Isa Wada When the current administration was advised by some economic experts to withdraw the subsidy on fuel and allow the Nigerian Naira to find its own value…