Home Topics Isaac Okorafor
The Central Bank of Nigeria (CBN) and the Bankers’ Committee have unanimously agreed to extend special facilities to Nigerian-registered airlines and the media industry in the country to enable them adequately address the negative impact of the COVID-19 pandemic.
The Central Bank of Nigeria (CBN) has unveiled series of guidelines for Non-Interest Financial Institutions under its Agri-Business, Small and Medium Enterprise Investment Scheme (AGSMEIS), Micro, Small and Medium Enterprises Development Fund (MSMEDF), the Accelerated Agricultural Development Scheme (AADS) and seven other intervention schemes in its bouquet.
The Central Bank of Nigeria has directed all banks to resolve all outstanding issues relating to failed Automated Teller Machine, Point of Sale terminal and other electronic banking transactions within two weeks, starting June 8, 2020.
The Central Bank of Nigeria (CBN) has rescheduled it’s Monetary Policy Committee (MPC) meeting from Monday and Tuesday May 25 and 26 to Thursday, May 28.
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.
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.
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.
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), says it has received 80,000 applications on the N50 billion Targeted Credit Facility (TCF) released by the Central Bank of Nigeria (CBN).
The Central Bank of Nigeria (CBN) says the bank does not charge any fee on the COVID-19 loan application as claimed in false reports circulated on social media.
The Nigeria Private Sector Coalition Against COVID-19 (CACOVID) has so far realised N19.4 billion to help fight COVID-19 pandemic.
Innoson Motors has approached the Nigerian government for a loan as it prepares to start producing ventilators and other medical equipment to support the country’s beleaguered public health infrastructure, the company told newsmen Wednesday.
As the Federal Government, through the Federal Ministry of Health and the Nigeria Centre for Disease Control (NCDC), intensifies effort to check the spread of the novel Corona virus pandemic in the country, the Central Bank of Nigeria (CBN) has commenced the disinfection of its head office and 37 branches.
The Central Bank of Nigeria (CBN) on Friday, February 21, 2020, continued its intervention in the inter-bank foreign exchange market by injecting the sum of $292.34million into the retail Secondary Market Intervention Sales (SMIS).
The Central Bank of Nigeria (CBN), has approved six dairy companies operating in the country for the importation of milk products and its derivatives.
In the survey and investigations carried out, Nigerian rice namely: Umza and Fursa Crown from Kano, Mama Happy from Niger, Labana Rice from Kebbi, Olam Rice from Nasarawa, Abakaliki Rice from Ebonyi, Ofada Rice from Ogun State, Swomen Dama from Plateau, Lake Rice of Lagos/Kebbi States among others have dominated the Nigerian Rice markets.
Ondo State Government has given taxi drivers operating in the state, three months within which to register with the State Information Technology Agency (SITA), where their biodata would be captured.
A Russian woman was deported from Bali on Wednesday for violating (COVID-19) rules after she had entered a supermarket with her face painted to look like she was wearing a mask.
The Chairman, All Progressives Grand Alliance (APGA) in Abia State, Augustine Ehiemere, said the party will no longer issue tickets to “political party gamblers”.
Former Cameroon head coach Hugo Brooks has confirmed contact from the South African Football Association regarding the Bafana Bafana coaching job.
The office for the Coordinated Mechanism on the safety of Journalists has been opened in Accra.
The Nigeria Centre for Disease Control (NCDC) made this known via its verified Twitter handle.
What could have been another breakthrough for gunmen who abducted 15 farmers while working on a farm in Donga local government area of Taraba state on Saturday, was however averted by youths of Suntai and adjoining villages in Donga who mobilised and rescued the farmers from their abductors.
Tottenham Hotspur will pay part of José Mourinho’s salary in his first season at Roma.
The Central Bank of Nigeria (CBN) has alerted its staff of plan by some undesirable elements to kidnap for ransom.
The European Parliament has formally adopted a law requiring internet companies to “remove or disable access to flagged terrorist content” within one hour after being notified by national authorities. Once issued, such takedown notices will apply across the EU, with countries able to levy financial penalties against firms that refuse to comply.