Tag: central bank of nigeria

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 queried Read More

Emefiele Tasks Ivory Towers On Agricultural Productivity

CBN Godwin Emefiele

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday challenged the university community to rise to the occasion and develop breakthrough solutions especially in seeds production Read More

Report: FG’s Revenue Falls By 12.8% To N807bn In January

Central Bank of Nigeria (CBN)

Expenditure rises by 7% to N771bn The total amount of revenue generated by the Federal Government in January 2021 was N807.54 billion. This was 12.8 per cent lower than the Read More

Banks’ Impairment Charges Soar By 113% To N228bn

Bank

W’Bank insists on subsidies’ removal, unified exchange rate In an apparent move to reduce the negative impact of COVID-19 on their risks assets, nine banks have significantly increased their impairment Read 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: Promoting Read More

Court Directs CBN to Freeze 11 Bank Customers’ Accounts

Central Bank of Nigeria (CBN)

The Central Bank of Nigeria (CBN) has obtained a court judgment to freeze 11 accounts belonging to customers of First City Monument Bank (FCMB) Limited for a period of 45 Read More

Gunmen Attack Soludo, Kill Three Policemen, Kidnap Commissioner

Former Central Bank of Nigeria (CBN), and Anambra State Governor, Prof. Chukwuma Soludo

A former Central Bank of Nigeria (CBN), Prof. Chukwuma Soludo, escaped death by a whisker yesterday as gunmen attacked him in his hometown, Isuofia in Aguata Local Government Area of Read 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 per Read 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 the Read More

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