Tag: CBN
COVID-19 Donations: Court Okays Suit Against CBN
The Federal High Court in Abuja has granted leave to the Socio-Economic Rights and Accountability Project and Human and Environmental Development Agenda...
CBN Devalued Naira Again, Now N381 to Dollar
The Central Bank of Nigeria on Tuesday adjusted the value of the naira to exchange to the dollar at N381, as parts...
Banks Get Two-Week Deadline On ATM, E-Banking Complaints
The Central Bank of Nigeria, CBN has instructed all commercial banks to resolve all outstanding issues relating to failed Automated Teller...
Buhari’s Stimulus Package Good For Economy, Says Uzodinma
Imo State Governor Hope Uzodinma has said the
stimulus package by President Muhammadu Buhari would help steady the economy
post-COVID-19.
He...
Oil Price: Senate Invites Zainab, Sylva, Emefiele
The Senate has invited the ministers of petroleum Timipre Sylva and his Finance counterpart, Zainab Ahmed to find ways of saving...
Nigerians Ignore PoS Transactions Over Charges
The Nigerian Inter bank Settlement System, NIBSS says the volume of electronic payment transactions through Point of Sale PoS terminals has fallen...
MSMES: FG Approves $20m Tech Fund For Young Innovators
The Federal Government, through the Bank of
Industry, has approved a 20 million dollars technology fund for young
innovators, while the Central Bank of...
Foreign Reserves Drop By $1.64bn In Five Weeks
Nigeria’s foreign exchange reserves have dropped by 1.64
billion dollar from 38.34 billion dollars on January 15, 2020 to 36.69 billion
dollars on February...
FG Puts Appointment Of New NDDC Board On Hold – Buhari
President Muhammadu Buhari says the appointment of a new board for the Niger Delta Development Commission NDDC has been put on hold.
CBN, State Govt. Pledge Support For Cotton Farmers In Ekiti
The
Central Bank of Nigeria, CBN has assured members of National Cotton Association
of Nigeria, NACOTAN, Ekiti state chapter, of its financial assistance to...
Petrol: Agency Says NNPC Imported 18bn Litres Of PMS In...
The Petroleum Products Pricing Regulatory Agency, PPPRA
latest report showed that more than over eighteen billion litres of petrol was
supplied to Nigeria in...
The Central Bank of Nigeria, CBN has reviewed downward charges and...
This is contained in the new guidelines for banks,
other financial, and non-bank financial institutions released by the apex bank
in Abuja.
Budget Support Facility: Finance Minister Says Deductions On-Going
The Minister of Finance, Budget and National Planning,
Zainab Ahmed, says deductions are being made from States for the Budget Support
Facilities given by...
Anchor Borrowers: Institute Says Nigeria Can Feed Other African Countries Through...
The President, Chartered Institute of Export and Commodity Brokers of Nigeria, Ayobami Omotoso, says that Nigeria will feed its citizens and other...
Intervention: CBN Injects $323.5 Into Forex Market
The Central Bank of Nigeria, CBN has injected 323.5
million dollars into the retail Secondary Market Intervention Sales, SMIS for
its last intervention for...
CBN Tasks African Countries To Leverage On Population
The Central Bank of Nigeria CBN has urged African
countries to invest in human capital development in order to compete globally.
Textile Indusdtry: 2 Million Jobs Coming As CBN Plans N100bn Funding
The Central Bank of Nigeria, CBN
Governor Godwin Emefiele has said that the Apex Bank is looking at injecting
100 billion naira as its...
Anchor Borrowers: Senate Faults CBN On Programme
The Senate has faulted the Central Bank of Nigeria
CBN’s Anchor Borrowers Programme ABP, insisting that the apex bank was not in
the position...
20m Jobs: CBN, Bankers’ Vow To Transform N’ Theatre In 2...
The Central Bank of
Nigeria CBN Governor, Godwin Emefiele alongside the Bankers’ Committee,
reiterated their commitment to transform the National Arts Theatre with a
target...
Forex Intervention: CBN Injects $311.5m, Cny15m Into Retail SMIS
The Central Bank of Nigeria, CBN has
made an intervention of three hundred and eleven point five million dollar in
the retail Secondary Market...
