President Muhammadu Buhari was present at the grounds of the Abuja Chamber of Commerce and Industries (ACCI) in the nation’s capital on Tuesday to unveil bags of rice paddy numbering one million stacked as pyramids. The one million rice paddy stacked in 15 separate pyramids is an initiative by the Central Bank of Nigeria (CBN)in
Nigerians cry blood as Banks begin closure of accounts of Crypto dealers
The Central Bank of Nigeria, CBN who recently was flagged for for plagiarising eNaira policy document has once again gone all out to hunt Nigerians who seem to be trading on Cryptocurrency. So many accounts of individuals are being blocked and asked to explain the reasons for the steady inflow in their accounts. The apex bank headed
Is Godwin Emefiele the new defense minister?
Nigerians have berated the CBN governor, Godwin Emefiele after he appeared to be losing focus on his primary assignment as the central bank governor. This outrage came up after the governor of the apex Bank announced that they Were expecting 12 fighter jets to help them solve insecurity. Many Nigerians are wondering if the central governor
CBN: Nigerians are free to use bitcoin, others
The Central Bank of Nigeria (CBN) said there was no time the bank banned the activities of Cryptocurrencies in the country. The Governor of the bank, Godwin Emefiele, disclosed this in Abuja at the 30th seminar for Finance Correspondents and Business Editors organised by the bank. Emefiele, who was represented by Adamu Lamtek, Deputy Governor,
CBN Governor reportedly freezes the Bank Account of EndSARS Protest Promoters
Mr Godwin Emefiele, CBN governor has reportedly frozen the accounts of the EndSARS protest promoters. This is such an unfortunate situation where the CBN boss is allowing himself to be a tool to shut down Nigerian youths demanding for a true change and accountable governance in Nigeria. See court documents below… https://twitter.com/Iam_Efe/status/1324940784311922689?s=19 US State Department:
We’ve spent N3.5 trillion on COVID-19 palliatives – CBN
The Central Bank of Nigeria says it has disbursed N3.5 trillion to cushion the effect of COVID-19 pandemic on the country’s economy. The information is contained in a review of the 132nd communique of the Monetary Policy Committee (MPC) meeting obtained from the apex bank’s website. It was signed by Governor Godwin Emefiele. Mr. Emefiele
Breaking : Federal Government Sacks CBN governor
The Central Bank of Nigeria has denied reports that the governor of the apex bank, Godwin Emefiele has been sacked. Reacting to the report, Isaac Okoroafor, CBN spokesman, said the allegation is totally untrue. “I don’t understand what you mean…as I speak to you, the CBN is in his office performing his duties”, he was