CBN
Forex shortage: A crisis foretold
Managing a commodity currency, anywhere in the world comes with the challenge of a terminal ailment. Just when one thinks there is a breather somewhere, it breakdowns… The post Forex
$25bn CBN overdraft: SERAP writes Buhari, seeks spending details of overdrafts since 1999
Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “provide spending details of the overdrafts and loans obtained from the Central Bank of Nigeria (CBN) by the
CBN introduces N5 insective per dollar for diaspora remittances
CBN The Central Bank of Nigeria (CBN) on Saturday introduced a new incentive to encourage inflow of diaspora remittances. The incentive, tagged “Naira 4 Dollar Scheme”, was announced in a
CBN introduces N5 incentive per dollar for diaspora remittances
CBN The Central Bank of Nigeria (CBN) on Saturday introduced a new incentive to encourage inflow of diaspora remittances. The incentive, tagged “Naira 4 Dollar Scheme”, was announced in a
How cryptocurrency trading keeps Nigerians engaged
Nigerians have continued to the Central Bank of Nigeria (CBN) over its directive to banks to stop the provision of financial services to cryptocurrency businesses… The post How cryptocurrency trading
CBN guarantees N122.6bn agric loans
CBN By Emma Ujah, Abuja Bureau Chief MONEY MARKET The Central Bank of Nigeria (CBN) has guaranteed a total of N122.6 billion loans under the Agricultural Credit Guarantee Scheme Fund
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
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
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
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
