The Central Bank of Nigeria (CBN) says it has committed about N30 billion to enhance Oil-palm production in the country. The CBN Governor, Mr Godwin Emefiele, disclosed this in a meeting with some state Governors in Abuja on Thursday. Emefiele explained that the fund was disbursed through deposit money banks to six oil palm companies […]

Rep. Nicholas Ossai (ODP-Delta) Chairman, House of Representatives Committee investigating abandoned projects in the Niger Delta, says that the Governor of the Central Bank of Nigeria (CBN) Godwin Emiefele, will appear before the committee on Thursday, Sept. 19. In an interview with journalists in Abuja, Ossai said that the Acting Managing Director and all the […]

  Some banks customers have expressed disappointment on the directive of the Central Bank of Nigeria (CBN) to Deposit Money Banks (DMBs) on new charges on certain lodgements and withdrawals.

Financial experts on Wednesday commended the Central Bank of Nigeria (CBN) for its efforts in ensuring implementation of cashless policy in the country, just as they faulted the apex bank for inadequate sensitisation.

The Central Bank of Nigeria, CBN is consulting with a Nigerian tech company, Reliance InfoSystems Ltd, to drive technology adoption internally and intensify its internal digital transformation culture.

The African Democratic Congress presidential flag bearer in 2019 who also doubles as a former Deputy Governor of the Central Bank of Nigeria, Dr Obadiah Mailafia, according to a Nigerian News media (not Vanguard News) on Tuesday, said he was told to join the All Progressives Congress (APC) so that he could be forgiven of […]

The Central Bank of Nigeria (CBN), on Tuesday, charged operators of bureaux de change to curb money laundering and terrorism by operating in accordance with the rules of the business.

AS the Central Bank of Nigeria, CBN, gets set to execute President Muhammadu Buhari’s directive on restriction of foreign exchange for importation of agro-food items, we draw attention to issues that should be of utmost importance in the collective interest of Nigerians.

By Babajide Komolafe THE upward trend of interest rates on treasury bills is expected to persist this week as the Central Bank of Nigeria, CBN, seeks to refinance N179 billion worth of maturing bills. Last week, the apex bank sold N178.7 billion worth of primary market (fresh) TBs in three tenors of 91 Days, 182 […]

The Central Bank of Nigeria (CBN), on Sunday, said it had supported the cultivation of 2,000 hectares out-grower farms in Borno to produce improved variety seedlings and accelerate paddy rice production. The News Agency of Nigeria (NAN) reports that the seeds nurseries were established at Dusuman and Zabalmari villages in Konduga Local Government Area of […]

The Central Bank of Nigeria (CBN) has injected 210 million U.S. dollars into interbank segment of the Foreign Exchange Market following sales concluded on Tuesday.

There are indications that the Central Bank of Nigeria, CBN, championed economic diversification efforts may have gained private sector lead and already on self sustaining range as the intervention funds beneficiaries begin to repay the loans.

THE Central Bank of Nigeria, CBN, will this week intensify its liquidity mop up activities in response to inflow of N553.8 billion into the interbank money market.

Consumer Awareness and Financial Enlightenment Initiative (CAFEi), has urged the Central Bank of Nigeria (CBN) to extend deadline for the exchange of multilated naira notes by another four months.

Financial experts say Central Bank of Nigeria’s (CBN) proposed policy that will ensure that loan defaulters forfeit their deposits in others banks is commendable.