Home Topics Central Bank of Nigeria

Central Bank of Nigeria

President Muhammadu Buhari has decorated the Chief of Defence Staff (CDS), Lucky Irabor, with his new rank of four-star General, and the three service chiefs as three-star Generals. Others decorated on Friday by President Buhari at the Council Chambers of the Presidential Villa, Abuja were Lieutenant-General Ibrahim Attahiru, Chief of Army Staff; Vice Admiral Awwal Zubairu, Chief of Naval Staff; and Air Marshal Ishiaka Oladayo Amoo, Chief of Air Staff.

Women’s Day: Presidency releases checklist of ‘Buhari’s Women’

The Nigerian presidency has released list of some of the women appointed into key positions as the country joins the global community in celebration of March 8 International Women’s Day.

CBN: New policy on offshore remittances will reduce cost, tackle round-tripping

The Central Bank of Nigeria (CBN) has said that its new “CBN Naira 4 Dollar Scheme” which comes into effect on Monday is aimed at providing Nigerians abroad with cheaper and more convenient ways...
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Nigeria’s central bank says new scheme will ease diaspora remittances

The Central Bank of Nigeria has explained that its new “Naira 4 Dollar Scheme” seeks to make remittance through formal bank channels cheaper and more convenient for Nigerians in the diaspora.
Mr Sunday Baba, the immediate past Acting General Manager of the National Arts Theatre, Lagos, says the Central Bank of Nigeria (CBN) did not take over the national monument.

Nigerian government urged to halt handover of National Theatre to central bank

A concessionaire, Topwide Consortium, has urged the Federal Government to discontinue the handover of National Theatre to the Central Bank of Nigeria (CBN) pending the determination of the matter in court.
The naira this morning reversed its two weeks loss to the dollar in the parallel market, appreciating by N20 to N470 per dollar.

Exiting recession not enough to guarantee economic recovery – analysts

While the slight improvement in Gross Domestic Product (GDP) recorded in Q4 is good news, analysts say it is not significant enough to mark economic recovery.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Central bank restates support for manufacturing firms in Nigeria

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has restated the Bank’s resolve to encourage firms willing to invest in the Nigerian manufacturing sector in order to grow the economy.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN introduces N5 insective per dollar for diaspora remittances

The Central Bank of Nigeria (CBN) on Saturday introduced a new incentive to encourage inflow of diaspora remittances.
The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit in commercial banks grew by 7.61 percent in October 2020, compared with 7.35 percent in the previous month.

Official: 3.8 million farmers benefit from CBN Anchor Borrowers’ Programme

The Central Bank of Nigeria (CBN) says 3.8 million farmers have so far benefited from its Anchor Borrowers’ Programme (ABP).

Youth leaders, CSO laud CBN chief’s support to local oil refinery

Youth leaders from various ethnic groups across the country and the African centre for Human Rights and Justice have hailed the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, for his outstanding support to the private sector to drive the economy.

Senator Dickson: Why I am staying off Bayelsa government events

A former Governor of Bayelsa, Seriake Dickson, says he has no rift with his predecessor, Douye Diri, who took over from him on February 14, 2020.
Governor Nasir El-Rufai has charged the Kaduna Investment Promotion Agency (KADIPA), to redouble its efforts in making Kaduna State the topmost investment destination in Nigeria, by improving its Ease of Doing Business ranking.

Kaduna governor appoints Mallam Sanusi as KADIPA board vice-chairman

Governor Nasir El-Rufai has charged the Kaduna Investment Promotion Agency (KADIPA), to redouble its efforts in making Kaduna State the topmost investment destination in Nigeria, by improving its Ease of Doing Business ranking.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN guarantees N122.6 billion ACGSF loans

The Central Bank of Nigeria (CBN) has guaranteed a total of N122.632 billion loans under the Agricultural Credit Guarantee Scheme Fund (ACGSF).
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Senate accuses NNPC of payment of N443 billion as subsidy without appropriation

The Senate Committee on Public Accounts has uncovered how the Nigerian National Petroleum Corporation (NNPC) paid N443 billion without appropriation.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN facilitates release of 50,000 MT of maize into Nigerian market

The Bank’s February 2021 release of Maize in fulfilment of its pledge to reduce the price of the commodity, was done through the Anchor Borrowers’ Programme (ABP) to major poultry feed producers and poultry producers in the country.

CBN governor: 2.9 million farmers have benefitted from anchor borrowers’ programme

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says 2.9 million farmers have cultivated 3.6 million hectares across 21 commodities under the bank’s anchor borrowers’ programme (ABP).
1. Former Chairman of the Pension Reform Task Team (PRTT), Abdulrasheed Maina at the federal high court after his extradition from Niger on Friday. Photo by Gbemiga Olamikan.

Witness: N74 billion recovered by Abdulrasheed Maina was used to finance 2012 budget

Ngozika Ihuoma, first defence witness (DW1), on Tuesday, told the Federal High Court, Abuja, that N74 billion recovered by defunct Pension Reformed Task Team (PRTT) was used by the Federal Government to finance 2012 Budget.
The recent declaration by the court that N50 stamp duty on teller deposits or electronic transfer of funds is illegal is in order, frontline Lagos Lawyer, Fred Nzeako, has said.

Energy firms’ bank debts rise to N5.94 trillion

The debts owed to Nigerian banks by oil and gas operators as well as power companies in the country rose to N5.94tn at the end of 2020 from N5.25tn in December 2019.
Marketers of cooking gas on Wednesday blamed its increasing prices on massive importation, causing anguish to end users.

Hike in price of cooking gas worries Enugu residents

Residents of Nsukka town in Nsukka Local Government Area of Enugu State have expressed worry over the recent hike in the price of cooking gas.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Banking industry report shows mixed development

The Central Bank of Nigeria, CBN, staff report has indicated that the banking industry ended 2020 in a mixed performance. But members of the apex bank’s Monetary Policy Committee, MPC, its highest policy body, have indicated that the industry remained resilient and sound despite some negative impacts of the COVID-19 pandemic during the year.
The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit in commercial banks grew by 7.61 percent in October 2020, compared with 7.35 percent in the previous month.

CBN to revive oil palm sector, stop importation – official

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emiefele, has reiterated the apex bank’s commitment to reviving the oil palm sector with a view to stopping importation of the commodity.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Nigeria’s central bank plans to strengthen Naira, economy through $15 billion Dangote refinery

The Central Bank of Nigeria, CBN, has concluded plans to strengthen the Naira, and by extension the nation’s economy through the $15 billion Dangote Refinery.

Former central bank governor alleges plots to kidnap his children during banking consolidation

A former governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo, has said his family went into exile because of several threats to their lives when he introduced the banking consolidation policy in 2004.

Recent Stories

The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police: Why we detained OPC members after arresting ‘kidnapper’

The police in Oyo State have confirmed detaining three members of the Oodua People’s Congress (OPC) for arresting suspected kidnapper, Iskilu Wakili, on Sunday.
Ole Gunnar Solskjaer has downplayed suggestions his side have reignited the Premier League title race after ending Manchester City’s 21-match winning run with a stunning 2-0 derby victory.

Ole Gunnar Solskjaer: Manchester City still far ahead of others

Ole Gunnar Solskjaer has downplayed suggestions his side have reignited the Premier League title race after ending Manchester City’s 21-match winning run with a stunning 2-0 derby victory.

Anambra poll: PDP fixes date for governorship primary election

The Peoples Democratic Party (PDP) has said that its governorship candidate for the November 6, Anambra State governorship poll will emerge on June 26.

Protest as PDP sweeps Delta council polls

Delta State Independent Electoral Commission (DSIEC) on Sunday in Asaba returned all the 25 chairmanship candidates of the People’s Democratic Party (PDP) as winners in Saturday’s local government elections.
The Director-General of the All Progressives Congress (APC) Progressive Governors Forum (PGF), Salihu Moh Lukman, has chided the People’s Democratic Party (PDP) and Ebun-olu Adegboruwa SAN, for reducing to politics and legality, the issues raised by President Muhammadu Buhari, on measure to tackle the spread of Coronavirus pandemic.

PGF chief proposes N100,000 minimum wage for productive workers

The Director-General, All Progressives Congress (APC) Progressive Governors Forum, Salihu Moh. Lukman, has said that the minimum wage of optimally productive Nigerian worker should not be anywhere less than N100,000.

Most Popular

The Niger State Governor, Alhaji Abubakar Sani Bello, has challenged state and federal lawmakers on the need to partner with governments for youth empowerment.

Niger government orders dismantling of illegal motor parks

Niger state government has banned operators of illegal motor parks within the Minna metropolis.
All Progressives Congress (APC) Nigeria

APC: We’re set to uproot Governor Makinde

The All Progressives Congress, Oyo State Chapter has praised members of Zenith Labour Party and loyalists of former Governor Rasheed Ladoja for defecting to the APC on Tuesday in the state.

Court dismisses PDP’s case in Lagos East senatorial by-election

The Lagos Division of the Federal High Court has dismissed the Peoples Democratic Party‘s suit seeking to disqualify Adetokunbo Abiru of the All Progressives Congress (APC) from continuing to represent Lagos East Senatorial District.
Former President Goodluck Jonathan has thanked Nigerians from different walks of life, who visited him on Friday in his Abuja residence to honour him on the occasion of his 63rd birthday.

2023: Ex-President Jonathan fails to rule himself out of race

Though, former president Goodluck Jonathan yesterday debunked media speculations about his rumoured interest in the 2023 presidential election, he failed to emphatically rule himself out of the race.
Governor Okezie Ikpeazu of Abia State has directed the organizing committee of the 29th Anniversary of Abia State to celebrate frontline workers and honor them for their sacrifices during the coronavirus pandemic.

World Bank, Abia government to spend N27 billion on Aba roads

Abia State Governor Okezie Ikpeazu has said his administration, working in conjunction with the World Bank would spend N27b to rehabilitate some roads in Aba.