CBN records leap of N718.0b, $1.1b from NCR in 2018 — Emefiele
The Central Bank of Nigeria has said it recorded a huge leap in the value of financing statements under the National Collateral Registry in the last five years from N487 ...
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Tag: Central Bank of Nigeria
CBN disbursed N174.48b under ABP, says Spokesman
The Central Bank of Nigeria says it has so far cumulatively disbursed N174.48 billion through 19 financial institutions under its Anchor Borrowers Programme since 2015.
CBN defends position on agriculture financing, MSMEs
The Central Bank of Nigeria says it is directly involved in financing agriculture, infrastructure and Micro Small and Medium Enterprises to ensure real growth in the economy.
Pension scam: Reps summon Emefiele over N33b deductions
The House of Representatives, on Thursday, asked the Governor of Central Bank of Nigeria, Godwin Emefiele, to appear before it over alleged discrepancies in the remittance of N33 billion pension ...
Over 70% of rice in Nigerian markets are foreign — Investigations
Despite concrete and visible interventions of the Central Bank of Nigeria via the Anchors Borrowers Programme on the rice sub-sector of the Nigerian economy, over 70 per cent of rice ...
CBN teaches school children to embrace savings culture
The Central Bank of Nigeria on Thursday set out to educate school children about money, savings, creating livelihoods and becoming entrepreneurs.
CBN applauds Ecobank’s sustainability efforts
The Central Bank of Nigeria has recognized and awarded Ecobank Nigeria on its laudable sustainability and Corporate Social Responsibility initiatives.
Revised MFBs categories to boost operations in economy – CBN
The Central Bank of Nigeria says the revised categories of MicroFinance Banks, which give them up to April 2020 to recapitalise, is to ensure their continued operations in the economy.
Nigeria spends $500m annually on palm oil importation – CBN
The Governor, Central Bank of Nigeria, Godwin Emefiele, on Monday said over $500 million was being spent annually on importation of palm oil.
LCCI decries exclusion of textile from Forex, says restriction poses threat to fashion industry
The Lagos Chamber of Commerce and Industry says the exclusion of all forms of textile materials from the foreign exchange market pose a threat to the N5 trillion fashion industry.
Nigeria’s Balance of Payments jumps by $2.80m — CBN report
The Central Bank of Nigeria said on Wednesday that the country’s Balance of Payment improved by a surplus of $2.80 million in the fourth quarter 2018, from $4.54 million recorded ...
Closing gender gap part of CBN’s Corporate Strategy – Emefiele
The Governor, Central Bank of Nigeria, Godwin Emefiele, has lauded the contributions of women at the Bank, saying closing gender gap is part of the CBN’s corporate strategy.
CBN intervenes with $269.92m, CNY 31.34m in Retail SMIS
In continuation of its periodic intervention in the inter-bank segment of the foreign exchange market, the Central Bank of Nigeria on Friday injected $269.92 million and CNY 31.34 million in ...
Emefiele and the stakes at CBN, by Sufuyan Ojeifo
As the central bank and apex monetary authority of the country, the major regulatory objectives of the Central Bank of Nigeria as mirrored in the institution’s enabling Act are to ...
CBN, EFCC meet to tackle economic crimes
Officials of the Central Bank of Nigeria and their counterparts in the Economic and Financial Crimes Commission met on Thursday with the aim of strengthening the country’s fight against economic ...
CBN to issue loans at 5% to SMEs through NIRSAL MFB
The Central Bank of Nigeria says it will issue loans at five per cent and with no collateral to Small and Medium Enterprises through the NIRSAL Micro Finance Bank.
CBN places all forms of textile, garments on forex restriction list
The Central Bank of Nigeria has placed access to foreign exchange for all forms of textile materials on the FOREX restriction list, the Governor, Godwin Emefiele, announced in Abuja on ...
CBN says Nigeria recorded 57.1 PMI points as at February
The Central Bank of Nigeria said the Manufacturing Purchasing Managers’ Index stood at 57.1 index points as at February, indicating an expansion in the manufacturing sector for 23 consecutive months.
Breaking: Sensitive electoral material for Kano found in Oyo
The form, which is one of the sensitive election materials, is the result sheet for a particular ward within a state
Election: INEC re-configures, deploys 3,288 Card Readers in Ebonyi — REC
Prof. Godswill Obioma, the Resident Electoral Commissioner in Ebonyi, says 3,288 reconfigured Smart Card Readers will be used in the state for the February 23 and March 9, elections.
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