Paul Owolabi

Obiora confirmed by Senate as Deputy CBN governor

MEMBERS of the Senate on Thursday confirmed the nomination of Dr. Kingsley Obiora for the position of Deputy Governor...

Agriculture is the most important profession and business in the world – AfDB president

AFRICAN Development Bank (AfDB) President Akinwumi Adesina has reminded students at the Federal University of Agriculture, Abeokuta that agriculture...
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Nigerians oversubscribe to January 2020 FG bond auction by more than 300%

NIGERIANS have oversubscribed the Federal Government January 2020 bond auction by more than 300 percent amounting to N626.33 billion. A...

CBN used $9.98b to sustain forex market in Q4 2019─Report

THE Central Bank of Nigeria (CBN) from the economic report on its website confirms it sold $9.98 billion to...
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FG increases debt profile to N28.2trn with N2trn loan from pension fund

NIGERIA’s debt profile will jump to N28.2 trillion from initial N26.2 trillion with the recent decision of the Federal...

CBN raises cash reserve ratio to 500 basis

THE Central Bank of Nigeria (CBN) on Friday raised the Cash Reserve Ratio (CRR) from 22.5 percent to 27.5...
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