CBN

CBN boosts poultry industry with N12.5bn

The Central Bank of Nigeria (CBN) has released the sum of  N12.552 billion to large, medium and small-scale poultry farmers in the country  as part of its strategy to boost egg and meat production while creating more jobs in the sub-sector.
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ABCON warns speculators will lose money as CBN has enough reserves to defend naira

By Peter Egwuatu The Association of Bureaux De Change Operators of Nigeria (ABCON) has sent strong warning to foreign exchange speculators pushing the naira to forceful depreciation through their illegal activities. Speaking to financial journalists on market development, ABCON President, Alhaji (Dr.) Aminu Gwadabe,  weekend in Lagos, said: “forex speculators are taking huge risks with […]

CBN links cashless policy to increased electronic banking risks

The Central Bank of Nigeria (CBN) on Wednesday said the implementation of the cashless policy aimed at promoting financial inclusion had increased the risks associated with electronic banking in the country. Mr Hassan Bello, the CBN Director, Banking Supervision Department said this at the First Bank of Nigeria Information Security webinar. The webinar was convened […]

LCCI advises CBN on tackling inflation

The Lagos Chamber of Commerce and Industry (LCCI) have urged the Central Bank of Nigeria (CBN) to address the supply side variables impacting domestic prices.

Civil Society Coalition hails CBN over intervention initiatives

Call for more advocacy, interventions By Gabriel Ewepu – Abuja The Coalition of Civil Society, on Monday, hailed the Central Bank of Nigeria, CBN, over intervention initiatives geared towards boosting economic activities to create employment and wealth among Nigerians under the Buhari-led administration. This was stated by the National President, Coalition of Civil Societies, Comrade […]

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