CBN
CBN gets order to freeze 194 accounts in 17 banks
CBN By Henry Ojelu The Central Bank of Nigeria, CBN has secured three separate interim orders from a Federal High Court in Abuja to freeze bank accounts linked to
Adopt cost-reflective utility pricing for faster growth, don advises FG
For Nigeria to achieve a faster economic growth rate in 2021, the Federal Government should adopt reforms that would ensure cost-reflective pricing in energy and other utilities. The post Adopt
Expert urges CBN to be proactive in FX management
As controversy continues over the country’s foreign exchange management approach, a financial and management consultant, Orji Udemezue, has advised the Central Bank of Nigeria (CBN) to adopt proactive measures. The
CBN’s policies hinges on sustained GDP recovery
Godwin Emefiele, CBN Governor. … As intervention funds disbursement hits N2.75trn By Emeka Anaeto, Business Editor In the past six months public debate has been raging over the outcome of
POS merchants want CBN to change policy on charge-back
The POS Merchants Association of Nigeria has called on the Central Bank of Nigeria (CBN) to change its policy to charge-back claims on POS transactions as fraud increases. The post
CBN to reduce wheat import by 60% in 2yrs
CBN By Babajide Komolafe The Central Bank of Nigeria (CBN) has concluded plans to reduce importation of wheat by 60 percent over the next two years under its import substitution
Experts flay CBN’s FX management approach, seek end to price-fixing
Chief Executive Officer, EFG Hermes Nigeria, Lilian Olubi, has said that the price-fixing regime in the foreign exchange (forex) market is a deterrent to Foreign Portfolio Investors The post Experts
Monetary policy, corporate results spur equity performance
*Investors gain N368bn By Peter Egwuatu The stock market swung back into positive territory yesterday following the retention of the Monetary Policy Rate, MPR, at 11.5 per cent by the Central
CBN disburses N1.487trn to boost food security
The Central Bank of Nigeria (CBN) says it has disbursed N1.487 trillion under its various agricultural programmes to boost food security. The CBN Governor, Mr Godwin Emefiele, made this known
Kano Assembly approves Ganduje’s N20bn loan request
The Kano State House of Assembly has approved Gov. Abdullahi Umar Ganduje’s request to access N20 billion domestic loans to fund capital projects. The post Kano Assembly approves Ganduje’s N20bn
