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Tag "CBN"

CBN to partner investors to build modern health facilities, sponsor research on Covid-19

Central Bank Governor, Mr Godwin Emefiele, said on Friday in Asaba, that the bank was partnering government at all levels and the private sector to provide sophisticated health facilities in

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Police Bust Fake CBN Investment Scheme

…Spokesman warns Nigerians to beware of fraudsters The Police in Lagos, in a joint operation with the Edo State Command, have nabbed the mastermind behind the syndicate group, comprising over

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CBN says Price of Maize Set to Crash in Nigeria

…….300,000 MT of Maize for Release February About 300,000 metric tonnes of maize are soon to be released into the Nigerian market from strategic anchors under the Anchor Borrowers’ Programme

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Covid-19: What we are doing to strenghten our economy? CBN educates NESG

By Martin Odiete, Abuja The Central Bank of Nigeria (CBN), has responded to a recent press release titled “Matters of Urgent Attention” by the Nigerian Economic Summit Group (NESG), which

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Forex: Speculators set to count losses

Speculators in Nigeria’s foreign exchange market are set to count huge losses as the Naira continues to surge against the dollar, following the interventions made by the Central Bank of

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Senate Passes Bill to Re-enact BOFIA

The Senate on Wednesday, July 22, 2020 passed the Bill to repeal the Banks and Other Financial Institutions Act (BOFIA) CAP B3 Laws of the Federation of Nigeria 2004 and

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CBN Maize Import Ban Ill-timed, May Cripple Poultry Sector – University Don

By Benjamin Omoike, Lagos The recent directive by the Central Bank of Nigeria, CBN, banning the importation of maize, has been described as ill-timed, with potential negative consequences for Nigeria’s

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SGF Inaugurates CBN Body of Experts for Health Sector R & D

The Secretary to the Government of the Federation (SGF), Boss Mustapha, on Monday, July 20, 2020, in Abuja, inaugurated the Body of Experts (BoE) for the Healthcare Sector Research and

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CBN Unveils Non-Interest Guidelines for AGSMEIS, MSMEDF, Others

…To Create AGSMEIS Non-Interest Fund …To Increase productivity, create jobs, Engender inclusive growth The Central Bank of Nigeria (CBN) has unveiled series of guidelines for Non-Interest Financial Institutions under its

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