Home Topics CBN

CBN

NSCDC

NSCDC arrest two for allegedly defrauding farmers

The Nigeria Security and Civil Defence Corps (NSCDC) Jigawa Command, has arrested two suspected fraudsters who allegedly defrauded unsuspecting farmers.

Central bank applauds Ecobank’s sustainability efforts

The Central Bank of Nigeria has recognized and awarded Ecobank Nigeria on its laudable sustainability and Corporate Social Responsibility initiatives.
The Independent National Electoral Commission (INEC) says it will probe the TraderMoni micro-credit scheme of the Federal Government.

Presidency: TraderMoni loans not for election

Critics of TraderMoni – a social investment programme of the Federal Government – got a reply yesterday to their claim that the scheme was introduced to buy votes during the general elections.

Central bank chief Godwin Emefiele foresees 3% GDP growth rate in 2019

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, Thursday projected that the Nigerian economy would grow by three per cent in 2019, higher than the 1.93 per cent it achieved in 2018.
Contrary to speculations in some quarters, the TraderMoni scheme and other GEEP micro-credit products (MarketMoni and FarmerMoni) – a component of the Buhari administration’s Social Investment Programme, are still very much in operation, Mr Laolu Akande, the Senior Special Assistant on Media & Publicity to the President (Office of the Vice President), has said.

Presidency: 30,000 traders have received Tradermoni after elections

Contrary to speculations in some quarters, the TraderMoni scheme and other GEEP micro-credit products (MarketMoni and FarmerMoni) – a component of the Buhari administration’s Social Investment Programme, are still very much in operation, Mr Laolu Akande, the Senior Special Assistant on Media & Publicity to the President (Office of the Vice President), has said.
Point of Sale - POS

NIBSS, others move to tackle e-payment failures

According to Ajao, the TAT had been configured at 15 seconds in agreement with banks and processors. However, delayed responses from Issuers after this timeout in recent times could cause authorised debits not to return to the terminal before the set TAT.

CBN: Revised MFBs categories to boost operations in economy

The Central Bank of Nigeria says the revised categories of MicroFinance Banks, which give them up to April 2020 to recapitalise, is to ensure their continued operations in the economy.
Demola Banu

Kwara debt portfolio hits N30.2 billion

The Kwara state government on Tuesday put its current debt profile at N30.2 billion. It added that the debt has a monthly repayment of N496.3 million.
Dr Herbert Wigwe, Managing Director of Access Bank Plc

Access, Diamond Banks get final approval to merge

Access Bank Plc and Diamond Bank Plc have gotten final merger approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC).

Money market rate to trade low this week

Money market rates are expected to trade slightly lower following system liquidity boost, dealers have said.

LCCI decry exclusion of textile from Forex

The Lagos Chamber of Commerce and Industry (LCCI) says the exclusion of all forms of textile materials from the foreign exchange market pose a threat to the N5 trillion fashion industry.
Cotton Farming

KADCCIMA: Why federal government must revive cotton farming in Nigeria

The Kaduna State Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA) says increasing cotton farming is the first step towards reviving local textile companies in the country.

N6.3 billion fraud: EFCC presents more witnesses against Senator Jang

The trial of Jonah Jang, former governor of Plateau State, continued with the Economic and Financial Crimes Commission (EFCC) presenting more witnesses against him and Yusuf Gyang Pam, a cashier of the Office of the Secretary to the State Government.

Satguru Maharaj Ji urges Nigerians to join forces with President Buhari

Leader of the One Love Family, Satguru Maharaj Ji, has advised all Nigerians to join the ruling All Progressives Congress (APC) as a way of giving President Muhammadu Buhari total encouragement, “in rebuilding the Nigerian state.”
Scores of adhoc staff of the Independent National Electoral Commission (INEC) at Ojo and Iba Collation Centres in Lagos on Saturday staged a protest over unpaid allowances.

Tension in Lagos community over missing electoral materials

There was tension on Saturday morning at Ogudu collation centre in Lagos State over missing nine booklets of ballot papers meant for the Governorship and State Houses of Assembly elections, the News Agency of Nigeria (NAN) has reported.

University of Lagos to graduate 8,000 students in April

The University of Lagos says it will be graduating over 8,000 students during its 2017/2018 academic session convocation ceremonies scheduled for April 1 to April 5.
INEC sensitive materials

INEC distributes election materials in Borno

The Independent National Electoral Commission (INEC) on Thursday began distribution of non sensitive and sensitive election materials ahead of Saturday’s Governorship and State House of Assembly elections in Borno.
UK

Report: Former CBN chief, wife buy N15.6 billion property in UK

Paul Ogwuma, former governor of the Central Bank of Nigeria (CBN) and his wife have acquired property worth £33 million (N15.6 billion), a UK investigative journalism magazine has revealed.

Recent Stories

Supplementary poll: PDP cries foul over alleged militarisation in Sokoto

Sokoto State chapter of the People Democratic Party (PDP) has said that it will not accept anything short of free, fair and credible polls in tomorrow’s supplementary poll in the state.
Senator Ademola Nurudeen Adeleke

Osun guber: Senator Adeleke’s tribunal victory triumph of people’s will – PDP

The People’s Democratic Party ( PDP ) has hailed the verdict of the Osun State Governorship election tribunal, which upheld the victory of its candidate, Senator Ademola Adeleke, describing the judgement as a victory for democracy and triumph of the will of the people.

Bauchi elections: Group accuses INEC of causing political tension, confusion

A group, Bauchi Youth Awareness Ambassadors, has accused the Independent National Electoral Commission (INEC) of causing political confusion in the state due to the way it handled governorship election.

NANS hails tribunal declaration of Senator Adeleke as Osun governor

The National Association of Nigerian Students (NANS) has hailed the tribunal declaration of Sen. Ademola Adeleke as governor of Osun State, saying it is hope awakening.
Senator Ademola Nurudeen Adeleke

Tribunal orders INEC to issue Senator Adeleke Certificate of Return as duly elected Osun...

The Osun State Governorship Election Petition Tribunal sitting in Abuja has ordered INEC to issue Certificate of Return as duly elected governor to Senator Ademola Adeleke, candidate of the Peoples Democratic Party in the 2018 election.