Electricity Consumers praise CBN for N120bn power intervention
By Obas Esiedesa As a part effort to support and grow revenue of the power sector, the Central Bank of Nigeria, CBN, last week disclosed that it has disbursed about N3.6 billion for procurement of pre-paid meters to stabilise the billing system in electricity consumption in Nigeria as part of its N120.2 billion investments in […]
CBN to sell N570bn Treasury Bills by Q2’21
The Central Bank of Ni Nigeria, CBN, said it will sell N570 billion worth of Treasury Bills (TBs) in the second quarter of 2021 (Q2’21).
Naira4dollar scheme: Another boost for remittance inflows?
By Babajide Komolafe The price of crude oil has been on the upward trend since November 30 last year, courtesy of the production cut by OPEC+ and the recent drone attack on one of Saudi Arabia’s major oil facilities. For example, the price of Nigeria’s Bonny Light crude oil rose steadily to $68.19 per barrel […]
Customers to pay N6.98 for USSD transaction – CBN
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have introduced new charges for customers for the Unstructured Supplementary Service Data (USSD) services, effective March 16. This is contained in a joint statement issued on Tuesday by the CBN and the NCC on pricing of USSD services posted on the apex bank […]
Breaking: Bank customers to pay N6.98k for USSD transactions — CBN, NCC
By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, and Nigerian Communications Commission (NCC) today said that bank customers are to begin paying N6.98 kobo per Unstructured Supplementary Service Data (USSD) transactions commencing today. The price replaced the former per session billing structure for USSD transactions. They disclosed this in a joint statement on pricing […]
ACGSF: CBN gives award to three farmers in Delta
THE Central Bank of Nigeria, CBN, Asaba branch, weekend, rewarded three overall best farmers in Delta State under its Agricultural Credit Guarantee Scheme Fund, ACGSF.
