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Tag Archives: Central Bank of Nigeria

NGX, CBN Empower Students with Financial Skills

THE Nigerian Exchange Group (NGX Group), in partnership with the Central Bank of Nigeria (CBN) and MinieMoney, on Thursday empowered over 200 students with vital financial skills. This initiative formed part of the 2025 Global Money Week celebration, aimed at promoting financial awareness among young people globally. The 2025 theme …

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Naira gains by 1.9% to close at N1,517.93

THE Naira ended the week positively on Friday, trading at N1,517.93 to a Dollar in the official market. Data from the Central Bank of Nigeria (CBN) showed that the Naira, which had been falling since March 5, gained N29.89. This represents a 1.9 per cent increase compared to Thursday, when …

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Naira gains 1.9% to Close at N1,517.93

THE Naira ended the week positively on Friday, trading at N1,517.93 to a Dollar in the official market. Data from the Central Bank of Nigeria (CBN) showed that the Naira, which had been falling since March 5, gained N29.89. This represents a 1.9 per cent increase compared to Thursday, when …

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Why I Turned Down Loan From World Bank, Federal Govt – Soludo

THE Governor of Anambra State, Charles Soludo has revealed that his administration turned down an existing World Bank loan agreement to prevent the state from falling into a “debt overhang.” Soludo stated that he has refused to borrow from any financial institution and also declined the Federal Government’s loan offer to …

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How New CBN Directors Were Selected

DETAILS have emerged regarding the selection process for the newly appointed Directors at the Central Bank of Nigeria (CBN), with sources indicating that the process was more rigorous and merit-based than in previous exercises. According to a source within the bank, the Management engaged the global consultancy firm PricewaterhouseCoopers (PwC) …

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