CBN

Again, SERAP hales Buhari to court over $25bn overdrafts from CBN

Uncowed in its anti-corruption and accountability fight, the Socio-Economic Rights and Accountability Project (SERAP) has gone to court again seeking to compel President...

FG/CBN power intervention: 4m free prepaid meters to be rolled out

Another intervention by the Federal Government and the Central Bank of Nigeria (CBN) in the power sector will soon deliver four million free...

Boardroom politics: CBN sacks First Bank Board of Directors, reinstates Adeduntan as MD

The Central Bank of Nigeria (CBN) on Thursday dissolved the board of First Bank of Nigeria Ltd and First Bank of Nigeria Holdings...

We printed money but not in the coloration of Gov. Obaseki — CBN Gov.

    …“Nigeria is unfortunately in a very bad situation, I’m not going to pretend about it in the sense that we are...

FG printed N50bn to augment March revenue shortfall in Federation Account — governor

The Federal Government printed about N60 billion to augment allocation shared to states in March 2021, a state governor has revealed. According to...

Alleged “corruption scandal’’ at NIRSAL: It’s a bush telegraph, criminal distortion of CBN-NIRSAL internal memo

  … a deliberately misplaced, outright falsehood that is totally lacking in basic credibility. NIRSAL provides a window through its copious clarifications as...

How NIRSAL Grew Seed Capital to N131bn in Three Years

Through innovative approaches and instruments aimed at eliminating risks associated with agriculture and improving funding to indigenous farmers, NIRSAL, the Nigeria Incentive-Based Risk...

FG to CBN, SEC: Regulate Cryptocurrency, don’t prohibit

  “So it should be thoughtful and knowledge-based regulation not prohibition. The point I am making is that some of the exciting developments...

N148bn credit facility doled out for agribusiness, agriculture across Nigeria, says NIRSAL

  In line with its mandate, the Nigeria Incentive-Based Risk Sharing System for Agriculture Leading (NIRSAL) says it has facilitated over N148 billion...

Economy: Why we print more money to finance FG’s budget, by CBN Governor

  The Central Bank of Nigeria (CBN) has come out to explain why it is printing more money to finance the Federal Government’s...

Horny FCMB MD on the firing line as 1,000 people call for his sack for impregnating married woman-staff twice

… adulterous woman escapes to U.S. seeking asylum to cover up the shame The days of an adulterous Managing Director, Adam Nuru, of First...

Stakeholders score Buhari’s agric policies low

    A video went viral in November 2020 about a hearing session organised by a committee of Nigeria’s legislative national assembly. Zaheera...

Forex inflow: Beneficiaries of Diaspora remittances to now receive money in dollar — CBN

  As part of efforts to boost the foreign exchange market and provide more liquidity, the Central Bank of Nigeria (CBN), Abuja, has...

FG, World Bank roll-out solar energy for 25m homes at N4,000 monthly from December 7

  ‌ An interventionist power programme of the Federal Government tagged, “Solar Home Systems”, takes off nationwide this week. Under the programme,  an...

NIRSAL, Royal Exchange  provide multi-peril insurance for farmers against bad weather risks, losses

As part of initiatives to boost food production and ensure steady income for farmers at this challenging time, the Nigeria Incentive-Based Risk Sharing...

Heritage Bank’s “The Refinery,” CBN, 25 others get CIBN’s Certificates of Accreditation

  The Chartered Institute of Bankers of Nigeria (CIBN) has presented Certificates of Accreditation to Heritage Bank Plc academy known as “The Refinery”...