The Central Bank of Nigeria (CBN), has appealed to members of Rice Millers Association of Nigeria (RIMAN) and other stakeholders in the rice value chain not to increase the price of rice over border closure. Mr. Godwin Emefiele, the CBN governor said this in a statement issued and made available to newsmen on Monday in […]

The Central Bank of Nigeria (CBN), has appealed to members of Rice Millers Association of Nigeria (RIMAN) and other stakeholders in the rice value chain not to increase the price of rice over border closure.

The Central Bank of Nigeria (CBN) on Monday said the country’s financial inclusion rate stood at 63.2 per cent in 2018.

The decline in yields on treasury bills (TB)    which commenced last month is expected to persist this week when the Central Bank of Nigeria (CBN) sells N122 billion worth of    fresh bills.

‘I stopped previous govt from squandering loan’ The Oyo State governor, Seyi Makinde, has explained why his administration is spending the Central Bank of Nigeria’s (CBN) N7.6 billion loan on farm settlements. The Government of Oyo State said it observed certain misinformation, misconception and outright mischief in the interpretations being given to the N7.6 billion […]

Emma Ujah – Abuja The International Monetary Fund (IMF) has advised the federal government to take action on a coherent and coordinated set of policies to urgently reduce vulnerabilities and increase growth over the medium term. The advice was contained in the report of IMF staff visit led by Amine Mati, Senior Resident Representative and […]

FEDERAL Ministry of Budget and National Planning, yesterday urged State Governments to key into the Central Bank of Nigeria, CBN Accelerated Agriculture Development Scheme AADS as part of the effort towards the diversification of the country’s economy through agriculture.

THE sanction imposed by the Central Bank of Nigeria, CBN, on 12 banks last week heightened the bearish sentiment in the equities market, leading to 2.5 percent decline during the week.

The Central Bank of Nigeria (CBN) on made an intervention of 311.5million dollar in the retail Secondary Market Intervention Sales (SMIS) and 15 million Chinese Yuan in the spot and short-tenored forwards segment of the inter-bank foreign market.

A Federal High Court in Ibadan, on Friday ordered the Economic and Financial Crimes Commission (EFCC) to produce the 106 boxes, containing the N900 million allegedly stolen by two workers of Zenith bank PLC.

IT has regrettably become fashionable to be accused of having been financially rewarded ‘for doing a hatchet job’ whenever a public affairs analyst is supportive of a government policy. It is laughable that the same accusers fail to recognise that by the same token they are equally guilty of being financially induced to oppose government policies.

Former President of Small and Medium Enterprise Group (SMEG) of the Lagos Chamber of Commerce and Industry (LCCI), Mr Jon Tudy Kachukwu has said he might not be able to meet up with Central Bank six months repatriation policy due to the delay of his shipments by Hapag Iloyd /GAC.

In a bid to combat money laundering and financing of terrorism, the Central Bank of Nigeria, CBN, has called on banks and Other Financial Institutions (OFIs) to report suspicious transactions of entities or individuals in the global sanction lists of the United Nation’s Sanction Committee.

Start with takeover of National Theatre By Babajide Komolafe The Central Bank of Nigeria (CBN) and the Bankers Committee will on Wednesday commence the implementation of the N22 billion Creative Industry initiative with the takeover of the National Theatre. Governor, CBN, Mr Godwin Emefiele, disclosed this yesterday in Lagos while speaking at the Creative Nigeria […]

The first part of this series ended abruptly last week on account of space constraints. Pardon me if the last paragraph is repeated fully. Otherwise what follows might not make sense.