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Central Bank of Nigeria
The Nigerian National Petroleum Corporation (NNPC) and 31 upstream oil and gas industry companies on Friday announced a $30 million (N11.4 billion) intervention fund to combat coronavirus in Nigeria.
The Central Bank of Nigeria (CBN) has suspended sales of foreign exchange to Bureau de Change (BDCs) until the COVID-19 pestilence is over.
President Muhammadu Buhari has promised not to restrict access to food and medications but urged Nigerians to adhere to instructions meant to curb the spread of the coronavirus pandemic.
The Founder of BUA Group, Abdul Samad Rabiu, on Thursday donated N1billion to support the Federal Government’s bid to effectively tackle the coronavirus scourge in the country.
The Leadership of the National Assembly on Wednesday held a meeting with some Ministers and Heads of agencies from the Executive arm of Government to brainstorm on the impact of Coronavirus pandemic on the Nigerian economy.
The Federal High Court, Abuja, has ordered the Katsina State Government to pay a firm, Mauritz Walton Nigerian Ltd, N13.3 billion for the debt management services it rendered to the state.
The Senate Committee on Public Accounts might consider demanding an arrest warrant for the Governor of the Central Bank of Nigeria, Godwin Emefiele, over his refusal to honour invitations extended to him by the legislature.
The House of Representatives on Tuesday demanded emergency measures on the part of the Executive arm to protect the Nigerian people and the economy from the potentially dire consequences of a widespread outbreak of the Covid-19 among the populace.
One of the leading unions in the Nigerian aviation industry, the National Union of Air Transport Employees (NUATE), has warned aviation companies against taking unilateral decisions that may negatively affect workers in the sector, as Covid-19 ravages world’s economies.
The Senate Committee on Public Accounts has revealed that the sacked Director General of the National Intelligence Agency, Ambassador Ayo Oke, collected $289 million cash from the Central Bank of Nigeria without approval from the former President Goodluck Jonathan.
The Central Bank of Nigeria (CBN) said Friday’s decision to peg the exchange rate of the Naira at N380 to the dollar is not a devaluation of the Nigerian currency.
Keystone Bank Limited has announced the appointment of Mr. Olaniran Olayinka as the Bank’s Acting Managing Director/CEO, subject to approval by the Central Bank of Nigeria (CBN).
As the country continues to record new cases of corona virus, the Central Bank of Nigeria (CBN) and the Bankers’ Committee rose from an extra-ordinary meeting held in Lagos on Saturday, March 21, 2020, with the pledge to grant funding facilities (in Naira and foreign exchange) to pharmaceutical companies in the country to enable them procure raw materials and equipment to boost local drug production in Nigeria.
As the battle to save the Naira from a free fall ensues, the Central Bank of Nigeria (CBN) has resumed a weekly rate regulation, with independent money transfer operations ordered to sale at N376/$1 to banks while end-users will get the US Dollar at N380.
As the Coronavirus, COVID-19, pandemic continues to take a toll on the Nigerian economy, the Central Bank of Nigeria, CBN, has technically devalued the naira to reflect market conditions as analysts and market operators said they are not surprised.
The Presidency has rebuked the Senate for calling on the President Muhammadu Buhari to address Nigerians in a television broadcast with regards to the Coronavirus.
The normally bustling markets have thinned out and the notoriously clogged roads are eerily free: Lagos is lurching towards shutdown as Nigeria tries to prevent the spread of coronavirus.
Prof. Akin Abayomi, the State Commissioner for Health, made this known on his Twitter handle
The Muslim Rights Concern (MURIC) has supported the call by Minister of Internal Affairs, Mr Rauf Aregbesola, for decongestion of Correctional Centres to prevent the spread of COVID-19.
Taraba State Governor Darius Ishaku has banned travel in and out of the state with effect from Sunday, March 29th until further notice.
The United States Embassy in Nigeria says the recent emergency visa appointment for medical professionals is only for individuals with approved H or J petition.
South Africa saw a dip in foreign direct investment in 2019 compared to the previous year, with inflows falling to 66.8 billion rand ($3.78 billion) from 72.1 billion rand, the central bank said on Tuesday.
German Chancellor Angela Merkel says she is missing personal contact with colleagues while working from home during the coronavirus pandemic.
The Lagos State Government has paid the sum of N1. 8 billion accrued pension rights into the Retirement Savings Account (RSA) of 418 Retirees for the month of March.
Comedian Ayo Makun, aka, AY, has on Wednesday advised that politicians with coronavirus should be taken to the poor health centres they built for the poor masses.
The Nigeria Security and Civil Defence Corps (NSCDC), Borno Command, has deployed 250 personnel to create awareness on coronavirus in the Internally Displaced Persons (IDPs) camps in Maiduguri.