The Acting Director, Corporate Communications Department, CBN, Isaac Okoroafor in a statement on Friday, said the continued interventions were in line with CBN’s pledge to sustain market liquidity in order to boost production and trade.
Browsing: Central Bank of Nigeria
The Manager, Research Department, NDIC, Adikwu Igoche, gave the warning in an interview with the News Agency of Nigeria on Friday at the ongoing 29th Enugu International Trade Fair.
Speaking on the topic: “The Wealth of Nations and the Imperative of Economic Transformation,” Moghalu said: “As in individuals, so it is for countries. Those that have well developed worldview, with global strategic intent in a competitive world, tend to perform better than those that don’t.”
The MPC is established by CBN Act as an autonomous body that articulates Nigeria’s monetary policies
This followed the decision of the State in joining Kebbi, Ebonyi, Ogun and Jigawa States in keying into the Central Bank of Bank funded Anchor Borrowers Scheme
The statistics obtained by the News Agency of Nigeria from the NIBSS website on Sunday showed that the total number of bank customers dropped from 61 million in 2016 to 59 million in 2017
The Judge, who accused the EFCC of frustrating proceedings in the trial and attempting to take over control of the court, withdrew from the case and returned its file to the Chief Judge of the Court, Justice Abdul Adamu Kafarati, for re-assignment to another court
This followed a point of order raised by Senator Rafiu Ibrahim, who sought a revisit of the position of the Senate
The new branch offers the Bank the opportunity to strategically target the Eastern market via one of the region’s top commercial nerve centers.
Figures obtained from the Central Bank of Nigeria at the weekend indicated that the reserves grew by about $3.2 billion between February and March 2018
According to figures released by the Bank, the CBN offered $100 million to authorized dealers in the wholesale segment of the market, while the Small and Medium Scale Enterprises segment received the sum of $55 million.
The Eagle Online gathered that work was concluded on the Bill on Monday night by the Conference Committee of both the Senate and House of Representatives
According to Oladele in a chat with The Eagle Online, if anyone is guilty of frustrating this process, it was Utazi himself
Falana, who was one of the speakers at the ongoing 40th anniversary celebration of the NLC in Abuja, challenged the labour movement to find out the plans of the government for the recovered loots
A press release issued by the Bank on Wednesday, February 28, 2018, reiterated that cryptocurrencies such as Bitcoin, Ripples, Monero, Litecoin, Dogecoin, Onecoin, etc and Exchanges such as NairaEx were not licensed or regulated by the CBN.
The acting Director, Currency Operations Department, CBN, Priscilia Eleje, said this at a publicity campaign on: “Disbursement of Lower Denominations of the Naira,” in Wuse Market, Abuja on Tuesday
The house resolution followed a motion on the “Need to Investigate the Failure to Pay Monies Allocated for Local Contractors in the 2017 Budget” moved by Hon. Magaji Aliyu.
A breakdown of the Bank’s latest round of intervention indicated that the CBN offered the sum of $100 million to dealers in the wholesale window, while those in the Small and Medium Enterprises window received an allocation of $55 million.
Professor Moghalu, currently the President, Institute for Governance and Economic Transformation, was until recently, Professor of Practice in International Business and Public Policy at The Fletcher School of Law and Diplomacy, Tufts University, United States of America.
Figures obtained from the Bank on Friday indicated that the amount released was for requests in the agricultural, airlines, petroleum products and raw materials and machinery sectors