The Bank’s acting Director, Corporate Communications, Isaac Okorafor, in a statement on Monday in Abuja said the fund would ensure that legitimate demands for foreign exchange are met.
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A statement signed by Emefiele in Abuja on Monday, said the meeting, which was earlier scheduled for the day and Tuesday, had been cancelled due to the non-confirmation of the MPC nominees by the Senate
Daware told the News Agency of Nigeria in Abuja that many farmers had complained that they were unable to access the loan of ABP, executed by the Central Bank of Nigeria
Giving a breakdown of the intervention, the bank’s acting Director, Corporate Communications, Isaac Okorafor, on Monday in Abuja said that 100 million dollars was offered to authorised dealers in the wholesale segment of the market.
Figures obtained from the Bank on Monday indicated that the CBN offered $100 million to authorized dealers in the wholesale segment of the market, while the Small and Medium Enterprises segment received $55 million.
The scheme, an initiative of the Federal Ministry of Finance that provides a time-limited window for taxpayers with undisclosed income and assets to regularize their tax status, according to Tunde Fowler, the Chairman of the Federal Inland Revenue Service, had earned the Federal Government N17 billion by early December 2017
The Secretary to the State Government, Kemela Okara, made the commitment while inaugurating the Financial Inclusion State Steering Committee at the conference room of the Central Bank of Nigeria.
Data received from the CBN on Friday revealed that the sum was in favour of the agricultural, airlines, petroleum products and raw materials and machinery sectors.
The Nigerian Communications Commission alongside the Central Bank of Nigeria approved the deadline after 9mobile Board requested a time extension, the NCC said
The bank said in a statement in Lagos that the share allotment and capital clearance review by the regulators was concluded in December 2017.
Figures obtained from the CBN on Monday indicated that the External Reserves reached the $40.4 billion mark on January 5, 2018, indicating an increase of about $1 billion between December 2017 and January 2018
While commending the Central Bank of Nigeria’s Anchor Borrowers Programme, he advised government at all levels to create the enabling environment for sustained rice production in the country.
Although the market started year 2017 on a sluggish note, it emerged one of the best among its peers, against predictions of many financial experts.
Goronyo told News Agency of Nigeria in Abuja on Wednesday that the price a 50kg bag of locally produced rice would plummet from N18,000 to between N6,500 and N7000 by April 2018.
Alhaji Faruk Rabi’u, the state chairman of All Farmers Association of Nigeria, disclosed this in an interview with the News Agency of Nigeria in Kano on Sunday.
This was revealed by one of the Commissioners for Finance
Further withdrawals from the Paris Club refund by the states government has been stalled as a consultant has dragged the…
This was contained in a statement issued in Ado Ekiti on Friday and signed by his Special Assistant on Public Communications and New Media, Lere Olayinka
Governor Abubakar Bello disclosed this while presenting the 2018 budget, tagged: “Peoples Budget,” to the state House of Assembly for approval on Thursday.
Briefing the media on Wednesday, the Public Relations Officer, Rivers State Police Command, Deputy Superintendent of Police Nnamdi Omoni, said the sting operation, which was carried out in line with the provisions of Sections 20 and 21 of the Central Bank of Nigeria (CBN) Act (2007), was aimed at checking illicit sale of the Naira notes.