Burkaa identified exhibits F24 to F44 which are letters from the CBN to April 1616 Investments Limited, for the award of contracts for the supply of cars to the apex bank as well as documents showing requests for payments from the company to the CBN for the delivery of the cars, all signed by Emefiele.
Browsing: CBN
“There is no evidence that the downward trend in month-on-month inflation rate is sustainable and would eventually manifest in a downward trend in headline inflation. More so, considering the various upside risks to price development from both the global and domestic economies, there is sufficient reason to be concerned about the continued uptick in inflation if we rest on our oars at this critical point.”
According to the latest data published by the Central Bank of Nigeria (CBN), the reserves now stand at $33.58 billion as of June 19, 2024.
The Chartered Institute of Bankers of Nigeria (CIBN) on Wednesday reassured Nigerians that the banking system remained “safe, sound and resilient,” dispelling fears of bank liquidations.
This figure is about 297 percent higher than it spent on debt servicing in April and 286.49 percent higher than the $221.05 million the country spent in May 2023.
The Central Bank of Nigeria (CBN) has again reassured the banking public of the safety of their deposits and the banking system’s resilience.
“In a particularly egregious case, a Director on special assignment, tasked with leading the bank’s efforts to secure an ISO certification for information security, was sacked on the very day the bank successfully achieved this crucial milestone.
The record marks a 1.07% increase compared to April, which figures increased to ₦3.92 trillion from ₦3.86 trillion in March, according to data released by the Central Bank of Nigeria.
The Central Bank of Nigeria (CBN) in the last ten years spent around N2.07 trillion on interventions in the agricultural sector
Rakiya’s professional journey spans over 25 years across the financial, telecommunications, and technology sectors. Before her promotion to IT Director at the CBN, where she spearheaded and implemented the Industry Security Operation Centre (NFICERT) and Africa’s first Digital Currency, Rakiya had headed the System Services and Information Security Management (CISO) Division of the bank, where she modernised the IT infrastructure and introduced innovative solutions like video conferencing. She had developed and implemented robust information security strategies, maintaining ISO 27001 certification and ensuring zero major security incidents.