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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

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

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

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

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...
Electronic Payment: Nigerians Ignore Pos Transactions Over Charges

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

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...
President Muhammadu Buhari

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

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.
Zainab Ahmed, Finance Minister, Budget And National Planning

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

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 Backs FG’S Plan To Increase VAT, Says Nigeria Has Lowest Charge

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...
Senate Raises Fresh Hopes On Petroleum Bill

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...
Isaac Okorafor, Director Corporate Communications Department, CBN

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...

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