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CBN guarantees N122. 6bn ACGSF loans

Godwin Emefiele, CBN Governor. By Emma Ujah The Central Bank of Nigeria (CBN) has guaranteed a total of N122.632 billion loans under the Agricultural Credit Guarantee Scheme Fund (ACGSF). The

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DisCos’ sustainability questioned as FG pays N50bn monthly subsidy

The government’s financial support to the power sector hovering around N2.3 trillion in the past few years has raised concerns among stakeholders who insisted, yesterday, that the industry is at

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CBN plans to strengthen Naira, economy through $15bn Dangote refinery

Godwin Emefiele, CBN Governor. …As fertilizer plant comes on stream March By Udeme Akpan THE Central Bank of Nigeria, CBN, has concluded plans to strengthen the Naira, and by extension

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How banking consolidation made ‘rich, mighty Nigerians’ — Soludo

Professor Charles Soludo The former governor of the Central Bank of Nigeria, CBN, Professor Charles Soludo, has said that but for the banking consolidation he supervised, there would be no

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Dangote Refinery to sell refined crude to FG in naira – Emefiele

CBN Governor, Mr Godwin Emefiele The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, says arrangement is being made to enable the Dangote Refinery sell refined crude to Nigeria

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Photos from Bankers Committee, Vanguard summit

From left—Mr. Adesola Adebise, MD, Wema Bank; Mr. Patrick Akinwuntan, MD, Ecobank; Mrs Yemisi Edun, Acting MD, FCMB, and Mr. Olaniran Olayinka, MD, Keystone Bank, at the summit. Vanguard Media

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Challenges, prospects of increasing access to insurance

By Rosemary Iwunze In 2012, the Central Bank of Nigeria, CBN, launched the National Financial Inclusion Strategy with the aim of increasing the number of adults that have access to

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‘Infrastructure, forex undermining real sector interventions’

Improvement in local manufacturers’ confidence in the economy as well as sectoral recovery, remains challenged by parlous state of infrastructure and poor implementation The post ‘Infrastructure, forex undermining real sector

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Investors worried over Kano Free Trade Zone concession plan

Local investors and manufacturers at the Federal government-owned Kano Free Trade Zone have raised concern over the concession plan of the vast industrial area. The post Investors worried over Kano

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Stakeholders speak on CBN’s N50bn commodity exchange, mop-up of produce

Godwin Emefiele, CBN Governor. By Gabriel Ewepu The Central Bank of Nigeria, CBN, recently got an approval from the Federal Government to inject N50 billion into the commodity exchange to