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House Directs CBN To Halt Further Devaluation Of Naira

Central Bank of Nigeria (CBN)
The House of Representatives has directed the Central Bank of Nigeria (CBN) to urgently put in place a policy to check further devaluation of the Naira to dollar and otherRead More

CBN Increases Forex Allocation To Banks

Central Bank of Nigeria (CBN)
The Central Bank of Nigeria (CBN) yesterday announced the increase of foreign exchange (forex) allocations to banks to meet the requests of customers, particularly travellers, seeking forex for travel allowances,Read More

CBN Queries First Bank as CEO Is ‘Purportedly Ousted’

Central Bank of Nigeria (CBN)
Says bank under forbearance, liquidity support can’t remove helmsman without approval Shareholders weigh options, Otudeko, Odukake and Adenuga in battle for conntrol The Central Bank of Nigeria (CBN) yesterday queriedRead More

CBN Sensitizes Nigerians On Products, Policies

Central Bank of Nigeria (CBN)
The Central Bank of Nigeria (CBN) on Thursday took its awareness campaign on its products and interventions to Sokoto and Kebbi State. Speaking at the fair with the theme: PromotingRead More

CBN To Slash Wheat Importation By 60%

CBN Godwin Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has reiterated the apex bank’s commitment to improve local production of wheat and reduce importation by 60 perRead More

Digital Economy Will Drive Growth, Job Creation, Says Emefiele

CBN Godwin Emefiele
CBN disburses N149.21bn to cushion effect of COVID-19 Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday said the digital economy was crucial in the efforts by theRead More

CBN Disburses N253.54m Grant For COVID-19 Vaccine Research

Central Bank of Nigeria (CBN)
Evaluates 68 proposals, approves five on merit Mustapha, Mamora hail Emefiele The Central Bank of Nigeria (CBN) yesterday disbursed a total sum of N253.54 million grant to five health researchersRead More

OPS, Analysts Back CBN’s Measure To Boost Diaspora Remittances

Central Bank of Nigeria (CBN)
Members of the organised private sector (OPS) and some analysts have hailed the newly-introduced ‘Naira 4 Dollar Scheme’ of the Central Bank of Nigeria (CBN). The OPS members and theRead More

Emefiele Lists Benefits Of ‘Naira 4 Dollar Scheme’ For Diaspora Remittances

CBN Godwin Emefiele
New incentive scheme to last for 60 days, supports forex stability Osinbajo commends new FX policy Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday highlighted the benefits ofRead More