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Central Bank of Nigeria
Minister of State for Budget and National Planning, Prince Clem Ikanade Agba, has said that the Federal Government expects the injection of about N2 trillion stimulus into the economy in response to the COVID-19 pandemic and the fall in oil prices.
Access Bank on Monday confirmed media reports about suspension of operations in some of its branches across the country, although it gave security concerns and regulatory directives by the Central Bank of Nigeria (CBN) for the action.
Malam Abubakar Malami, the Minister of Justice and Attorney General of the Federation confirmed this on Monday in a statement by the Special Assistant on Media and Public Relations at his office, Dr Umar Gwandu.
To lift the Nigerian economy into prosperity, the Central Bank of Nigeria (CBN) must seize the advantage of the coronavirus pandemic-induced crisis to lower the interest rates with a view to boosting domestic production and investment.
The Spokesman of CBN, Isaac Okorafor in a statement said a special meeting of the Bankers’ Committee was convened on May 2, 2020, to further review the implications of the COVID-19 pandemic on the Nigerian banking industry.
The All Progressives Congress (APC) has expressed surprise over the failure of former Vice President Atiku Abubakar, to acknowledge the bold efforts APC administration made towards diversifying Nigeria economy.
The Association of Progressive Nigerians has appealed to the Central Bank to withdraw old and tattered naira notes from circulation as the country is battling COVID-19 pandemic.
A former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has advised Nigeria to begin an extensive restructuring and repositioning of its economy.
No fewer than 3,256 individuals and small businesses have so far benefited from the Central Bank of Nigeria’s (CBN) N50 billion Targeted Credit Facility (TCF) to cushion effects of COVID-19.
Following the crash in global oil prices occasioned by the coronavirus pandemic, indigenous Petroleum Explorationists have called for urgent intervention of the Central Bank of Nigeria, CBN, as they would be unable to meet their financial exposure to commercial banks at the current oil prices.
With gradual easing of the COVID-19 lockdown in Nigeria and elsewhere, Central Bank of Nigeria (CBN) says it has resumed provision of foreign exchange to all commercial banks for onward sales to parents wishing to pay schools fees and SMEs wishing to make essential imports needed to revamp economic activities across the country.
The Nigeria Private Sector Coalition Against COVID-19 (CACOVID), has so far realised about N27.160 billion to help fight the coronavirus pandemic.
In the wake of the COVID-19 pandemic, the Pharmaceutical Society of Nigeria, PSN, Lagos State branch, has tasked government at the Federal and state levels to build on fortunes of the local pharma industry if Nigeria hopes to make an appreciable impact.
Port concessionaires under the aegis of the Seaport Terminal Operators Association of Nigeria (STOAN) have collectively donated the sum of N700million to the Federal Government to support the country’s effort to curtail the spread of the coronavirus disease (COVID-19).
A former Governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo, Monday reiterated his advice to African leaders to re-assess the current lockdown as a result of the Covid-19 pandemic, insisting that the continent cannot sustain a total economic shutdown.
The Presidential Taskforce on COVID-19 (PTF) has decried the continued refusal by medical institutions including federal tertiary institutions to receive and treat patients for fear COVID-19.
The Minister of Niger Delta Affairs, Senator Godswill Akpabio, has ordered the immediate shutdown of the headquarters of the Niger Delta Development Commission in Port Harcourt following the sudden death of the Commission’s Executive Director, Finance and Administration, Chief Ibanga Etang.
The Peoples Democratic Party (PDP) alarms that with the volume of foreign loans being accumulated by President Muhammadu Buhari and his All Progressives Congress (APC), our nation and her people have been placed on the international auction market.
Nigeria Civil Aviation Authority , NCAA, Thursday, released new guidelines for international flights operations during the current Covid-19 pandemic for Nigerian based crew.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it is investigating alleged cases of corruption in the management of COVID-19 funds and palliatives.
A 15-year-old girl who pedalled her injured migrant-worker father more than a thousand kilometres across India after a coronavirus lockdown left them destitute has been invited to try out for the national cycling team.
Manchester City manager Pep Guardiola believes the protocols he and his players must follow for football to return are a small sacrifice compared to those risking their lives on the frontline of the coronavirus crisis.
The Lagos State Commissioner for Health, Prof. Akin Abayomi, made this known via his Twitter handle on Friday.
The Nigerian Medical Association (NMA) has performed the foundation laying ceremony for the construction of its National Secretariat in the eyebrow Maitama area in the Federal Capital Territory (FCT) area of Abuja.
The Federal Government on Thursday announced that a ministerial team of experts would soon be dispatched to Kogi on a mission to engage authorities of the state, to determine material and technical needs of the state on COVID-19.