Category: CBN

Relocation of FAAN, CBN: Shettima lampoons those opposing Tinubu’s decision

Vice President, Sen. Kashim Shettima has lampooned those opposing the Bola Tinubu administration’s decision to relocate some departments and units of the Central Bank of Nigeria, CBN, and Federal Airports Authority of Nigeria, FAAN, headquarters from Abuja to Lagos. The Vice President said the move is for the interest of the generality of Nigerians. Shettima, […]

CBN and relocation plans: Much ado about nothing, By Abdulrahman Abdulraheem

But now, election is over and governance has to take centre stage. If the CBN governor says he wants to relocate some departments to Lagos to reform the apex bank, the President should not lift a finger to stop him. He should listen to Sanusi above who said political interference is the main reason CBN […]

CBN, FAAN relocation: It’s unpatriotic not to tell Tinubu truth – Ndume fires back at critics

Senator Ali Ndume, Chief Whip of the Senate, has maintained his opposition to the planned relocation of some Central Bank of Nigeria, CBN, departments and the Federal Airports Authority of Nigeria, FAAN, headquarters to Lagos from Abuja. DAILY POST recalls that the plans by CBN and FAAN had generated condemnation from different quarters, especially northern […]

CBN, FAAN: Shehu Sani knocks Katsina elders, questions morality behind action

A former lawmaker, Shehu Sani has challenged the Katsina elders on their alleged threat to the Federal Government over the relocation of the Federal Airports Authority (FAAN) and some departments of the Central Bank of Nigeria, CBN, from Abuja to Lagos. Sani made the remark in a post on Friday on his Official X handle. […]

Northern youths demand Keyamo, Cardoso’s sack over relocation of CBN, FAAN to Lagos

The Joint Action Committee of Northern Youth Associations has called for the removal of the Minister of Aviation, Festus Keyamo, and the Governor of the Central Bank of Nigeria, CBN, Yemi Cadoso, over the planned relocation of agencies they supervise. This was contained in a communiqué issued by the group and signed by its convener, […]

Northern politicians making noise – Sanusi on CBN moving depts to Lagos

The deposed Emir of Kano, Muhammadu Sanusi, has said Northern politicians are making “noise” over the Central Bank of Nigeria’s decision to move some of its department from the Federal Capital Territory, Abuja, to Lagos State. Sanusi said the relevant authorities should ignore the noise by Northern politicians because Abuja as a federal capital is […]

Ndume faults plan to relocate CBN departments, FAAN headquarters to Lagos

“This is one of the mistakes and I’m sure Mr President will reverse it because it doesn’t work. You can’t have two capitals,” Mr Ndume said. The post Ndume faults plan to relocate CBN departments, FAAN headquarters to Lagos appeared first on Premium Times Nigeria. Powered by WPeMatico

Nigeria’s inflation will drop to 21.4 per cent in 2024 – CBN

The Central Bank of Nigeria says the country’s inflation will drop to 21.4 per cent in 2024. The CBN governor, Olayemi Cardoso, disclosed this on Wednesday while delivering the keynote address at the Nigeria Economic Group outlook for 2024. He said with requisite monetary policy by the apex bank, the inflationary pressures in Nigeria are […]

Why petrol pump price will fall in 2024 – CBN governor

Central Bank of Nigeria, CBN, Governor, Yemi Cardoso, has said the pump price of petrol will fall in 2024. Cardoso explained that the fall in the price of petrol would be due to government and private-owned refineries that commenced operation. He spoke on Wednesday, January 24, at the launch of the Nigerian Economic Summit Group […]

CBN, FAAN relocation: Tinubu ill-advised by ‘Lagos boys’ – Senator Ndume

The senator representing Borno South, Ali Ndume, on Tuesday, said President Bola Tinubu was ill-advised by some ‘Lagos boys’ following the planned relocation of some offices of the Central Bank of Nigeria, CBN, and headquarters of the Federal Airports Authority of Nigeria FAAN, from Abuja to Lagos. DAILY POST recalls that the planned relocation of […]

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