CBN

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...

Governors demand audit for N614bn bailout deductions

  Nigeria governors have demanded an audit of money owed to states by the Federal Government as a condition for repayment of the...

CBN’s Anchor Borrowers’ Scheme: N84bn disbursed To 500, 000 Farmers, says BOA MD

  By Kunle Akinsola   The Bank of Agriculture (BOA) says it has so given out N84 billion to farmers under the Anchor...

CSOs, others to picket British, Irish embassies over $9.6bn Judgement against Nigeria

Calls for reversal of ‘fraudulent’ judgement The Coalition of Civil Society Groups and affiliated Organisations, are set to picket the British and Irish...

Buhari, Osinbajo’s absence stalls Inaugural FEC meeting

The inaugural meeting of the Federal Executive Council (FEC), did not hold on Wednesday, due to the absence of President Muhammadu Buhari, and...

CBN governor defends Buhari’s forex restriction directive, says regulator compiling list for food import ban

CBN governor defends Buhari’s forex restriction directive, says regulator compiling list for food import ban The Central Bank of Nigeria (CBN) will conform...

Analysts disagree with Buhari over forex restriction for food imports

Financial analysts as well as stakeholders in the country’s agriculture sector are voicing their concern over a directive by President Muhammadu Buhari asking...

CBN injects $280.04m, CNY 28.3m into Retail SMIS

Nigerian central bank offered dealers in retail secondary market $280.04 million to meet demands in the agricultural and raw materials sectors as well...

Milk importation ban will increase poverty, says Ezekwesili

A former education minister, Mrs Oby Ezekwesili slammed the alarming levels of poverty in Nigeria on Friday, saying that the situation is likely...

CBN says it strengthened FX market with $242m

The Central Bank of Nigeria (CBN) on Friday, said it intervened in the foreign exchange market by injecting as much as $242.04million into...

CBN wants to bank 190 million Nigerians by 2023

The Central Bank of Nigeria said it plans to ensure that 95 percent of eligible Nigerians have access to financial services by 2024....

Nigeria’s exchange rate remains stable -CBN

The Central Bank of Nigeria has denied allegations of changes in Nigeria’s exchange rate. ” There has been NO change in Nigeria’s exchange...

Nigerian Senate approves Emefiele for 2nd-term as CBN governor 

The Nigerian Senate has approved President Muhammadu Buhari’s request that Godwin Emefiele returns as central bank governor for a second term. Emefiele effectively...