CBN

BREAKING: New CBN Deputy Governors Assigned Directorates

September 28, (THEWILL) - The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has assigned Directorates to the four new Deputy Governors. THEWILL reports that President Bola Tinubu had on Friday, September 15, appointed Ms. Emem Nnanna...

BREAKING: Senate Confirms Cardoso As New CBN Governor, Usoro, Dattijo, Others As Deputies

September 26, (THEWILL) – The Senate has confirmed Dr. Olayemi Micheal Cardoso as substantive Governor of the Central Bank of Nigeria (CBN). The confirmation followed hours of rigorous screening, which ended at about 5:45pm on Tuesday, at a plenary...

CBN Defers September 2023 MPC Meeting Amid Rates Hike Speculations

September 21, (THEWILL) – The Central Bank of Nigeria (CBN) has announced that its bi-monthly Monetary Policy Committee (MPC) scheduled for Monday and Tuesday, September 25 and 26, has been deferred. Although no reason was given for the...

Nigeria’s Inflation Soars To 25.80% Amid Rise In Food Prices

September 17, (THEWILL) - Nigeria’s annual inflation rate rose to 25.80 per cent in August from 24.08 per cent in the previous month, the National Bureau of Statistics (NBS) said Friday. The statistics office said the August headline inflation rate...

BREAKING: Tinubu Appoints Olayemi Cardoso New CBN Governor, Usoro, Bello, Others As Deputy Governors

September 15, (THEWILL) – President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first...

Trapped Funds: Tinubu Directs CBN To Hold Quarterly Meeting With Foreign Airlines

September 14, (THEWILL) - President Bola Tinubu has directed the Central Bank of Nigeria (CBN), to create a platform for quarterly reconciliatory meetings with foreign airlines, towards settling accumulated trapped funds. Minister of Aviation and Aerospace Development, Festus Keyamo, made...

CBN To Clear FX Backlog In Two Weeks – Shonubi

September 05, (THEWILL) - The Acting Governor, Central Bank of Nigeria (CBN) has said that the bank is making plans to clear the foreign exchange (FX) backlogs in the next one or two weeks. Shonubi, who disclosed this at...

CBN Releases Guidelines For Signing Up Digital Literacy Platform – SabiMONI

September 4, (THEWILL) – The Central Bank of Nigeria on Monday released a step-by-step guide to signing up for the SabiMONI financial literacy e-learning platform on its verified X (formerly Twitter) account. This is coming after...

$3bn Afreximbank Loan: Mixed Reactions Trail NNPCL’s Search for Stable Naira

The announcement by the Nigerian National Petroleum Company Limited (NNPCL) on August 16, 2023 that it had secured a $3 billion emergency crude repayment loan from the African Export-Import (AFREXIM) bank to stabilise the naira, has generated mixed reactions. While...

Falana Sues CBN For Floating Naira

August 18, (THEWILL) - Nigerian lawyer, Femi Falana (SAN), has sued the Central Bank of Nigeria (CBN), for alleged illegal floating of the naira. Falana, who disclosed this on Friday, when he was featured on Channels Television’s Sunrise Daily,...
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NPF Pensions Eyes Dangote Refinery as Falling Rates Push Investment Diversification

The acting Managing Director of NPF Pensions, Muhammed Dutse, disclosed this in Abuja on Monday during activities marking the 2026 Customer Service Week.
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