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CBN governor: It’s inappropriate to give colouration to currency printing

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday weighed in on the raging controversy over whether or not the apex bank printed money to augment funds from the Federation Account Allocation Committee (FAAC) distributed to states and the Federal Capital Territory (FCT) in March.
ActionAid Nigeria (AAN)

ActionAid, stakeholders express worry over unstable levels of borrowing, rising national debt profile

A non-profit making organisation, ActionAid Nigeria, AAN, and stakeholders, Friday, expressed worry over unstable levels of borrowings and rising national debt profile under the Buhari-led administration and poverty increasing daily.
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 sensitizes Nigerians on products, policies

Speaking at the fair with the theme: Promoting Financial Stability and Economic Development at Sultan Maccido Quranic institute, Sokoto, the CBN Governor Mr Godwin Emefiele said this was to enlighten the general public about the products and interventions of the bank to grow the nation’s economy.
Bitcoin hit a record-high above $43,000 on Monday after electric carmaker Tesla invested $1.5 billion in the digital currency.

Revisiting CBN ban on cryptocurrency transactions

On February 5, the Central Bank of Nigeria (CBN) released a circular addressed to banks and other financial institutions with the directive that transactions in cryptocurrencies and facilitating payment for cryptocurrency exchanges were prohibited.

Seun Ogunsakin, others shine at CBN tennis tourney

Fourteen-year-old Seun Ogunsakin was the center of attraction at the 2021 Central Bank of Nigeria Junior Tennis Championship when he won the boys U-14 and U-16 titles in one day to pocket the sum of N100,000 education grant.
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: We’ve disbursed N1.5 trillion to Nigerian farmers

The CBN Governor, Godwin Emefiele, made this known while presenting the communiqué on the Monetary Policy Committee (MPC) meeting held on Monday and Tuesday in Abuja.
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 governor: Nigeria needs solid digital economy

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said Nigeria needs to build a solid digital economy to further drive growth.
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.

Coronavirus: CBN doubles loan disbursement to N300 billion – bank governor

The Central Bank of Nigeria (CBN) says it plans to double the Targeted Credit Facility (TCF) from the initial N149.21 billion to N300 billion following the resounding success recorded in the disbursement of the Covid-19 loans to the applicants.
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: Nigerians are free to use bitcoin, others

The Central Bank of Nigeria (CBN) said there was no time the bank banned the activities of Cryptocurrencies in the country.
FILE PHOTO - Incoming World Trade Organization President (WTO) Ngozi Okonjo-Iweala speaks during an interview with Reuters in Potomac, Maryland, U.S., February 15, 2021. REUTERS-Joshua Roberts

EU reports Nigeria to WTO over dairy policy

Director-General of the World Trade Organization (WTO), Ngozi Okonjo Iweala on Tuesday disclosed that the European Union has reported to the global trade body over the country’s dairy policy.

CBN governor: Trade restrictions policy to protect local industries

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday defended the apex bank’s restrictive trade policy, stressing that it was meant to protect local industries from unfavourable competition and to create jobs for Nigerians.
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 finances 82 projects worth N85.89 billion

The Central Bank of Nigeria (CBN) says it has financed 82 projects, valued at N85.89 billion through its Healthcare Sector Intervention Facility.
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 awards N234 million-grant to five lecturers

The Central Bank of Nigeria has awarded over N234 million in research grants to five beneficiaries of its Healthcare Sector Research and Development Intervention Scheme.
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 finances 82 health projects with N85.89 billion

As part of a proactive approach to support the growth of the nation’s healthcare sector, the Central Bank of Nigeria (CBN) has financed 82 projects valued at N85.89 billion under its Healthcare Sector Research and Development Intervention Scheme (HSRDIS).
The naira this morning reversed its two weeks loss to the dollar in the parallel market, appreciating by N20 to N470 per dollar.

Bureau de Change operators want more action to support Naira

The Association of Bureau De Change Operators of Nigeria (ABCON) on Monday said that a competitive Diaspora Remittance market space would engender Naira stability.

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.

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.

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.

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).
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.
The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, said Dangote Refinery would buy Nigeria’s crude oil in Naira and also sell petrol to Nigeria in naira when it commences production.

Dangote refinery to buy Nigerian crude in Naira, sell petrol in Naira

The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, said Dangote Refinery would buy Nigeria’s crude oil in Naira and also sell petrol to Nigeria in naira when it commences production.

CBN governor: Dangote refinery to sell refined crude to Nigerian government in Naira

The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, says arrangement is being made to enable the Dangote Refinery sell refined crude to Nigeria in naira when it commences production.

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