CBN
NEXIM Bank Announces Kingsley Obiora As New Chairman
The Nigerian Export-Import Bank (NEXIM) has announced the appointment of Kingsley Obiora as new chairman. Mr. Kingsley Obiora will succeed chairman Joseph...
COVID-19 CBN’s N50bn stimulus loan: Disbursement begins Thursday
The Central Bank of Nigeria (CBN) says it will commence the disbursement of the first tranche of the N50 billion COVID-19 stimulus package credit facility...
COCAVID Fund rakes in N25.89 bn
The Nigeria Private Sector Coalition Against COVID-19 (COCAVID) says it has raked in N25.89 billion as donations from individuals and...
Turning the Covid-19 Tragedy into an Opportunity for a New Nigeria by Godwin Emefiele
As many people are now aware, the outbreak of the Novel Coronavirus Disease (COVID-19) in China has rapidly permeated and profoundly changed the...
COVID-19: CBN unveils billionaires club, other committees to fight pandemic
… Aliko Dangote, Tony Elumelu, Femi Otedola, Herbert Wigwe, Jim Ovia, Segun Agbaje, Abdulsamad Rabiu, CBN Governor Godwin Emefiele made the...
Covid-19: Nigeria’s Bankers’ Committee/CBN inject N3.5trn into economy
… announces extra lending from banks by companies, individuals In response to the impact of COVID-19 on global and the Nigerian...
CONVID-19: CBN cuts interest rate to 5%, directs banks to restructure loan terms for Nigerians
For the first time in several years, the Central Bank of Nigeria (CBN) says it has reduced interest rates on all its...
Oil price plunges almost 30% as NNPC vow to Reduce Cost of Crude Oil Production
Group Managing Director of the NNPC, Mallam Mele Kyari, on Wednesday said that the state oil firm plans to put in place measures...
Reps laud NIRSAL MD, endorse agency’s agribusiness development drive
Buoyed up by NIRSAL’s efficient service delivery, the House of Representatives has lauded efforts to reposition the risk-management agency as a major...
CBN unveils new minimum capital base for microfinance banks
  April 1, 2020, has been set as deadline for microfinance banks in the country to meet the first stage of their new...
Obiora’s Deputy Governor’s appointment: Commendation, laudatory remarks and cheers for Pres. Buhari
The profile of President Muhammadu Buhari further burgeoned on Thursday, Jan. 16 with the appointment of a world-class Economist and Statistician,...
Buhari appoints Dr. Kingsley Obiora as new CBN deputy governor
President Muhammadu Buhari has nominated Kingsley Obiora as the deputy Governor of the Central Bank of Nigeria. The president has also forwarded...
CBN reduces electronic transfer, ATM charges, others
…slams N2m fine on erring banks The Central Bank of Nigeria (CBN) has intervened and pared down some bank charges including electronic transfer,...
CBN’s N100bn textile industry lifeline unleashes 2m jobs on nation’s economy
After several decades of flip-flop policy of reviving Nigeria’s textile industry, the Central Bank says it is injecting N100 billion as...
Nigeria’s border will remain closed until neighboring countries meet conditions for reopening – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Monday stressed that the nation’s borders will remain closed until neighboring...
