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On Friday, President Bola Tinubu appointed Folashodun Adebisi Shonubi, the Deputy Governor (Operations Directorate) of the Central Bank of Nigeria (CBN), as the apex bank’s acting...
Emefiele was suspended after an investigation of his office. His position had long been threatened since the emergence of Tinubu as president. During the campaign season,...
Eko Hot Blog reports that the Central Bank of Nigeria (CBN) has denied the devaluation of the naira. Earlier Thursday morning, Daily Trust exclusively reported that...
Buhari has defended the hard-hitting policies of his eight-year regime. The policies included the naira redesign policy, which resulted in a nationwide shortage of notes...
Smart Adeyemi has urged Bola Tinubu to investigate the naira redesign policy that caused Nigerians to suffer. He alleged that the redesign was a calculated attempt...
The CBN has announced an increase in its interest rates policy to 18.5 percent. This move comes after a 50 basis points increase in the benchmark...
The CBN has revoked the operational licenses of 132 microfinance banks and other financial institutions. EKO HOT BLOG reports that the Central Bank of Nigeria (CBN)...
Nigeria’s e-Naira initiative surpasses 1.4 million transactions. This was revealed at CBN’s 34th Seminar for Finance Correspondents and Business Editors in Calabar. The e-Naira had been...
The CBN has debunked a fake recruitment portal. It has been explicitly stated by the CBN that there is presently no ongoing recruitment process for any...
Govs are scheduled to have a meeting with various agencies including EFCC, ICPC, FIRS, and CBN regarding security votes. The meeting is scheduled to take place...