CBN

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...

Exclusive: CBN could invest N20billion in Nigeria’s cotton production

As NACOTAN sees investment as expanding ginnery business, attracting more investors New details have emerged on the investment from the Central Bank of...

CBN partners over 100,000 farmers to boost cotton output

Crackdown on textile smuggling   The Central Bank of Nigeria on Monday flagged off a new partnership with cotton farmers in the country...

CBN intervenes with $271.83m, CNY41.14m in Retail SMIS

…Wholesale, SMEs, Invisibles get $205m The Central Bank of Nigeria (CBN), on Friday, May 3, 2019 made interventions in the Retail Secondary Market...

CBN injects 254.8m, CNY 35.8m into Forex Retail SMIS

Following the injection of $210 million into the wholesale segment of the Inter-Bank Foreign Exchange market on Tuesday, April 16, 2019, the Central...