Emma Ujah Donations into the Nigeria Private Sector Coalition Against COVID-19 (CACOVID) has hit N25. 893, 699, 791.00. The Director of Corporate Communications of the Central Bank of Nigeria (CBN), Mr Isaac Okoroafor, disclosed this in a statement, this evening. While thanking the donors on behalf of the coalition, he urged other individuals and corporate […]

As over 100 countries seek IMF facilities Emma Ujah Central Banks across the globe have built an $8 trillion war chest against the Coronavirus pandemic. International Monetary Fund (IMF) Managing Director Kristalina Georgieva disclosed this, today, during the G20 Finance Ministers and Central Bank Governors meeting. At the on-going virtual Spring Meetings. “Thank you to […]

As many people are now aware, the outbreak of the Novel Coronavirus Disease (COVID–19) in China has rapidly permeated and profoundly changed the world. While this crisis is first and foremost a public health issue, which has claimed the lives of over 123,600 people worldwide, and counting, the economic damages are unprecedented on several fronts: […]

The Central Bank of Nigeria (CBN) says the bank does not charge any fee on the COVID-19 loan application as claimed in false reports circulated on social media. The CBN’s Director, Corporate Communications Department, Mr. Isaac Okorafor said this in a statement in Abuja on Monday. Okorafor explained that procedures for accessing the N50 billion […]

By Tiri Akanfe When President Muhammadu Buhari ordered the release of 70,000 metric tonnes of grains from the country’s National grains reserves to be shared among the poor and vulnerable people, following lockdown occasioned by coronavirus pandemic, my mind raced to the days when the country depended on food importation for survival, until the President […]

Central Bank of Nigeria (CBN) has in conjunction with Department of State Security (DSS initiated an anti-smuggling drive in a bid   to ensure the success of Federal Government’s diversification of Nigeria’s economy from oil to agriculture,

The Central Bank of Nigeria (CBN), yesterday said that cyber criminals are taking advantage of the Coronavirus (COVID’19) pandemic to defraud Nigerian citizens.

The Central Bank of Nigeria (CBN) has cautioned Nigerians on activities of cybercriminals taking advantage of the current COVID-19 pandemic to defraud citizens.

Socio-Economic Rights and Accountability Project (SERAP) has asked the Federal Government and Central Bank of Nigeria (CBN) to “provide spending details of public funds and private sector donations to provide socio-economic benefits to the country’s poorest and most vulnerable people, including details of beneficiaries of any cash payments, cash transfers, food distribution and other benefits during the lockdown in Abuja; Lagos and Ogun states because of COVID-19.”

The Central Bank of Nigeria (CBN) on Wednesday said that monetary contributions to its relief fund under the auspices of Private Sector Coalition Against COVID-19 (CACOVID) stood at N15 Billion. CBN Director of Corporate Communications, Isaac Okorafor, said in a statement in Lagos that the donations were from 37 donors, including individuals, banks and other […]

The Central Bank of Nigeria (CBN) says it has commenced work to provide and equip medical facilities in the six geopolitical zones to help contain the spread of COVID-19 pandemic in the country. The bank’s Director, Corporate Communications, Mr Isaac Okorafor made this known in a statement in Abuja on Monday. According to the statement, […]

By Babajide Komolafe The Central Bank of Nigeria (CBN) yesterday said it has suspended the clearing of cheques till further notice. The apex bank said this development was in view of the locked down in Lagos State, Abuja and Ogun State and the need to ensure hitch-free clearing and settlement activities. Director, Banking Services, Department, […]

  Babajide Komolafe The Central Bank of Nigeria (CBN) on Monday suspended the clearing of cheques until further notice. The decision, the apex court said was due to the government’s restriction of movement in Lagos Abuja and Ogun and the need to ensure hitch-free clearing and settlement activities. The Director of Banking Services at CBN, […]

CENTRAL Bank of Nigeria (CBN) said that the N100 billion credit support to the health sector created as part of measures to address the impact of the Coronavirus, COVID-19, pandemic on the Nigerian economy, will operate till 2030.

…A call to emulate Trump in saving Lagos, Abuja, Enugu, PH, Kano By Chris Aligbe The Covid-19 pandemic as declared by the World Health Organisation (WHO) is no longer a tale but a stark reality. Its global impact on all facets of human existence, from the social to the economic and from physical life itself […]