By Kalu Aja Has the Naira been devalued? Well Yes and No…stay with me, I…
Tag: CBN
CBN doubles targeted credit facility for SMEs, Households to N300bn
The Central Bank of Nigeria (CBN) has raised the COVID-19 targeted facility for Small, and Medium…
Wike accuses CBN of playing politics with agriculture loan
Rivers State Governor, Nyesom Ezenwo Wike, has alleged that politics has been used to deny the…
Cryptocurrency ban: SEC, CBN to provide level field for investors
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have agreed to…
Court orders CBN to unfreeze #EndSARS protesters accounts
By Idris Salisu An Abuja Federal High Court has ordered the Central Bank of Nigeria…
CBN warns financial institutions against crypto currency
The Central Bank of Nigeria (CBN) has warned commercial banks and other financial…
CBN commits N50bn to reposition commodity exchange – Emefiele
The Central Bank of Nigeria (CBN) says it is committing N50 billion to reposition the Nigeria…
Food security: CBN disbursed N554bn to 2 million farmers – Emiefele
By Ade Jacobs N554.61 billion has been disbursed to 2, 849,490 farmers as…
Improved crude oil prices shoot Nigeria’s external reserve to $36.23bn
Nigeria’s Foreign Exchange Reserves rose from 34.94billion dollars in November 2020 to 36.23billion dollars…
Contract for renovation of National Art Theatre to be awarded soon – Emefiele
The Central Bank Governor, Mr Godwin Emefiele, has expressed hope that a contract for the renovation…
Diaspora remittances: CBN accuses IMTOs of sabotage
By Ade Jacobs The Central Bank of Nigeria (CBN), has warned International Monetary Transfer Operators (IMTOs)…
FG’s CBN debt may worsen inflation – Fitch
By Ade Jacobs Global rating agency, Fitch Ratings, has disclosed that the Federal…
Ex-MAN chairman counsels CBN on provision of forex to manufacturers
Dr Wale Adegbite, former Chairman, Manufacturers Association of Nigeria (MAN), Ogun chapter, has called on the…
Nigeria’s inflation hits 3 year high – NBS
By Ade Jacobs Nigeria’s inflation rate has increased to 15.75, the National Bureau of Statistics…
CBN slams commercial banks with N600bn CRR
By Ade Jacobs The Central Bank of Nigeria (CBN) has debited commercial banks in the country…
ABCON tasks CBN on forex stability in 2021
The Association of Bureaux De Change Operators of Nigeria (ABCON) on Tuesday urged the…
Buhari directs CBN not to release Forex to food importers
By Ade Jacobs President Muhammadu Buhari has issued a fresh directive to the Central Bank of…
Full List of 42 microfinance banks liquidated by CBN
Forty two microfinance banks have been affected by the ongoing liquidation exercise of the Central Bank…
CBN’s N100 Billion Health Intervention Fund inaccessible, says NMA
By Ade Jacobs The Nigerian Medical Association (NMA) has disclosed that the Central Bank of…
We must discontinue dependence on crude oil for revenue, forex – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has reiterated the need…
Before this House falls
There had been such contraptions as the Vision 20 2020, advertised as a vehicle to enlist…
#EndSARS: How CBN threatened Access Bank over Promoters’ accounts
“It is common knowledge that we and the entire banking industry are regulated entities and therefore…
Bayelsa Govt begins training for 3,000 CBN Agric loan beneficiaries
...the scheme was designed to discourage direct disbursement of cash to beneficiaries as the farming input…
EFCC, CBN synergize against ATM, PoS frauds
CBN would continue to formulate policies that would ensure that public funds are kept safe .
How CBN authorized banks to block #EndSARS promoters’ accounts
By Ife Osemedua In spite of the disturbing silence and outright denials by the Central Bank…