CBN didn’t take over National Theatre – ex-acting GM
Mr Sunday Baba, the immediate past Acting General Manager of the National Arts Theatre, Lagos, says the Central Bank of Nigeria (CBN) did not take over the national monument. Baba said that the CBN, through the Bankers’ Committee, would only renovate the theatre complex and hand it over to the Federal Government. Baba spoke with […]
Rising inflation: Stabilise forex now – experts tell CBN
Financial experts on Tuesday expressed concerns on the country’s rising inflation rate currently at 12.82 per cent, and called for stabilisation of the exchange rate.
CASH MANAGEMENT: Operators seek enforcement of CBN rules
At the backdrop of increasing professionalization of cash management services in the Nigerian financial sector, a leading operator in the cash services sub-sector has called for the enforcement of the regulatory provisions to enable growth and efficiency.
CHI Limited supports CBN’s backward integration program
CHI Limited has keyed into the Central Bank of Nigeria, CBN’s backward integration policy by partnering with the Niger State to invest in massive infrastructural development, upgrade of the existing and construction of new facilities at the Bobi Grazing Reserve, a pilot grazing reserve in Maringa Local Government, Niger State, and North-Central Nigeria.
Stakeholders commend CBN’s forex restriction for maize importation
Reactions to the recent directives by the Federal Government, through the Central Bank of Nigeria (CBN), banning importers of maize from accessing forex from the apex bank, have not abated.
CBN’s purchase of locally produced gold’ll boost foreign reserves — PAGMI
By Gabriel Ewepu – Abuja The Presidential Artisanal Gold Mining Development Initiative, PAGMI, has assured that Central Bank of Nigeria’s purchase of locally produced gold will boost the nation’s foreign reserves. This was made known in a statement signed by the Secretary, PAGMI, Hajiya Fatima Shinkafi. According to the statement gold produced by artisanal and […]
