Farmers receive N91.87bn; repay only N14.68bn House worries over loan usage CBN to arrest farmers Farmers blame insecurity; ask for repayment extension The fear of...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the project aimed at revamping the National Arts Theatre is costing the Bankers’...
CBN bets on $41.4bn reserves for imports, foreign investments attraction Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has expressed confidence in the country’s...
Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that in less than four weeks, the eNaira app had witnessed almost 600,000 downloads since...
The Chartered Institute of Bankers of Nigeria (CIBN) has decried rising cyber-attacks on banks and other financial institutions, which it fears could undermine the industry’s gains....
The Governor of the Central Bank (CBN) of Nigeria, Godwin Emefiele, has said the bank has disbursed N41.2 billion under its intervention schemes to cut wheat...
The money market is placed on high expectation to remain elevated in the double-digit region this week following expected debits by the Central Bank of Nigeria...
For the third consecutive week, Nigeria’s FX reserves nosedived by losing $102.58 million to close last week at $41.41 billion. According to experts, the sustained downtrend...
THE Central Bank of Nigeria (CBN), since Mr Godwin Emefiele assumed office has not shied away from the desire to make the Bank a catalyst for...
Economic experts in the country have reacted to the money and credit statistics report recently released by the Central Bank of Nigeria (CBN) which indicate significant...
Nigeria’s foreign exchange reserve sustained its decline as the Central Bank of Nigeria (CBN) stepped up its interventions in the FX market. Thus, the gross reserves...
The overnight (OVN) rate leaped to 15.3% at the close of activities in the money market last week as the Central Bank of Nigeria (CBN) debited...
Recent announcements by MTN Nigeria and Airtel Africa on acquisition of payment service bank approval in principle has spurred excitement at various quarters but at the...
The Central Bank of Nigeria (CBN) has reported that there was N2.907 trillion currency in circulation in Nigeria as at end-December 2020. This was disclosed in...
The Central Bank of Nigeria (CBN) has fixed the maximum loan amount that a participant in its newly introduced initiative, called ‘The 100 for 100 PPP...
The Nigerian banking sector’s credit to the private sector was topped by N425 billion in September as aggregate rose from the N33.4 trillion in August to...
Nigeria’s central bank digital currency (CBDC), the eNaira, is now live following an announcement by President Muhammadu Buhari on Monday. The digital currency has two applications to drive...
Latest data by the Central Bank of Nigeria showed the country’s foreign reserves surged by $943.48 million week-on-week to touch $40.76 billion as at October 20....
The Central Bank of Nigeria (CBN) has said the eNaira will be available to Nigerians without Internet-enabled phones. The CBN disclosed this in a document obtained...
The Central Bank of Nigeria (CBN) has expressed its determination to address the existing challenges in the country’s wheat value chain as part of efforts to...
