By Gabriel Ewepu – Abuja Following circular recently issued by the Central Bank of Nigeria, CBN, on control of foreign exchange access, 55 registered Commodity Associations under the auspices of the Federation of Agricultural Commodity Associations of Nigeria, FACAN, on thursday, demanded unfettered access to foreign exchange. This demand was made at a press conference […]

THE Organised Private Sector, OPS, has come down hard on the recent policy by the Central Bank of Nigeria, CBN, stopping third party opening of ‘Form M’ for import purposes, noting that it will cripple Small and Medium Enterprises, SMEs.

Mr Isaac Okoroafor, Director at the Central Bank of Nigeria, CBN, is due to bow out after over 15 years in the Corporate Communications function of the apex bank.

In a continuing move to expand the banking space, the Central Bank of Nigeria, CBN, has granted Greenwich Trust Limited licence to operate as a merchant bank in Nigeria

The Oil Palm Growers Association of Nigeria (OPGAN) has commended President Muhammadu Buhari and the Central Bank of Nigeria (CBN) for empowering smallholder farmers under the Anchor Borrower Programme (ABP). The newly-elected President of the association, Mr Joe Onyiuke made the commendation during a stakeholders’ forum on investment and funding opportunities in the oil palm […]

Dr Titus Okunrounmu, a former director, Budgetary Department of Central Bank of Nigeria (CBN), has commended the Monetary Policy Committee (MPC) of the Apex Bank for reducing the Benchmark Interest Rate (BIR) from 12.5 per cent to 11.5 per cent. Okunrounmu made the commendation in an interview with the News Agency of Nigeria (NAN), in […]

•Calls for urgent fiscal measures against inflation By Emma Ujah THE Central Bank of Nigeria (CBN) has cut the Monetary Policy Rate (MPR) from 12.5 per cent to 11.5 per cent, an indication of a reduction in the cost of funds by 100 basis points. The CBN Governor, Mr. Godwin Emefiele, disclosed this while presenting […]

…Calls for urgent fiscal measures against inflation By Emma Ujah THE Central Bank of Nigeria (CBN) has cut the Monetary Policy Rate (MPR) from 12.5 per cent to 11.5 per cent, an indication of a reduction in the cost of funds by 100 basis points. The CBN Governor, Mr. Godwin Emefiele, disclosed this while presenting […]

…Calls for urgent fiscal measures to address inflation By Emma Ujah The Central Bank of Nigeria (CBN) has cut the Monetary Policy Rate (MPR) from 12.5 per cent to 11.5 per cent, an indication of a reduction in the cost of funds by 100 basis points. The CBN Governor, Mr. Godwin Emefiele, disclosed this while […]

By Yinka Kolawole, with agency report The Central Bank of Nigeria (CBN) has requested that all banks in the country submit the statements of domiciliary accounts of some high profile individuals, including owners of popular betting companies Nigeria. CBN issued the directive in a September 15, 2020 letter signed by Z. Markus for the director […]

By Johnbosco Agbakwuru THE National Association of Seadogs, NAS, has advised the Central Bank of Nigeria, CBN, and the National Economic Summit Group, NESG, to focus on how to salvage the economy and not to engage in unnecessary disagreement. Recall that the nation’s apex bank, the CBN and NESG had recently engaged in a disagreement […]

The Central Bank of Nigeria (CBN) has requested that all banks in the country submit the statements of domiciliary accounts of some high profile individuals, including owners of popular betting companies Nigeria.

By Ozioruva Aliu – Benin City There was tight security around Central Bank of Nigeria (CBN) Benin City for the better part of Thursday which caused gridlock at Ring Road, the City Centre and adjoining roads including Airport road, Sokponba road, Sapele road, Akpakpava road and others. A police Armoured Personnel Carrier (APC) was parked […]

By Elizabeth Adegbesan THE Central Bank of Nigeria, CBN, has introduced a construction finance facility to enable Family Homes Fund Limited to implement the federal government’s Social Housing Programme as part of its Economic Sustainability Plan 2020. The Programme aims at speeding up the deployment of 300,000 homes in the 36 states of the federation. […]

ABUJA—THE National Association of Seadogs, NAS, has advised the Central Bank of Nigeria, CBN, and the National Economic Summit Group, NESG, to focus on how to salvage the economy and not to engage in unnecessary disagreement.