CBN
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...
CBN says 7 out of 24 banks in Nigeria not adequately funded
The Central Bank has revealed that the apex bank’s stress test shows that 7 banks out of the 24 operating in Nigeria were...
Biosafety, Biosecurity: NiBSA decries low awareness, practice in Nigeria
Outlines measures for averting crises The Nigerian Biological Safety Association (NiBSA), has very expressed worry over the low awareness and practice of...
Failure to give out loans:Nigeria’s Apex Bank sanctions 12 banks
The Central Bank of Nigeria (CBN) is to charge 12 banks a total of more than N400 billion ($1.3 billion) for failing...
Suspend cashless policy, Reps orders CBN
The House of Representatives on Thursday directed the Central Bank of Nigeria (CBN), to suspend the directive mandating financial institutions to levy...
