CBN

CBN moves to capture 200,000 maize farmers in Nigeria

CBN moves to capture 200,000 maize farmers in Nigeria

By Festus Ahon – Asaba The Central Bank of Nigeria, CBN, on Tuesday, expressed its readiness to capture 200,000 maize farmers across the country with a view to boosting maize production in Nigeria. The Director Head of Finance Development, CBN, Mr. Ihua Elenwor disclosed this in Asaba, Delta State during the flag-off of 2020 wet […]
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CBN’s COVID-19 STIMULUS PACKAGE: Analysts examine gains so far

CBN’s COVID-19 STIMULUS PACKAGE: Analysts examine gains so far

*Forbearance on financial assets of banks By Emeka Anaeto, Business Editor By end of this week, the Nigerian economy would be completing its second month under an unprecedented stimulus regime. The businesses which are just wriggling out of a lockdown would have been fully or partially adjusted to a new normal in terms of the […]

COVID-19: CBN to give grants to scientists, researchers to aid produce local vaccines ― Emefiele

COVID-19: CBN to give grants to scientists, researchers to aid produce local vaccines ― Emefiele

—Virus has reawakened collaboration between critical partners—SGF —Equipment for public hospitals later – Sahara Group —As donations by private sector hits N27bn By Johnbosco Agbakwuru ABUJA—-THE Central Bank of Nigeria, CBN, on Tuesday, disclosed that it was developing a framework that would provide grants and long term facilities for researchers, science institutions and biotechnology firms […]

COVID-19: CBN ready to support home grown vaccine – Emefiele

COVID-19: CBN ready to support home grown vaccine – Emefiele

The Governor Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has announced that the apex bank is ready to support researchers, science-based institutions and biotechnology firms with N100b grant in the quest for a homegrown vaccine to fight Corona Virus Disease in Nigeria.

COVID-19: CBN, Bankers’ committee suspend retrenchment of banks’ staff

COVID-19: CBN, Bankers’ committee suspend retrenchment of banks’ staff

The Central Bank of Nigeria (CBN) and Bankers’ Committee on Sunday suspended retrenchment or laying-off of any staff of banks, whether full or part-time. The CBN Director, Corporate Communications Department, Mr. Isaac Okorafor made this known in a statement in Abuja. Okorafor explained that the decision was taken to minimise and mitigate the negative impact […]

BREAKING: CBN, Bankers Committee halt sack of banks’ workers

BREAKING: CBN, Bankers Committee halt sack of banks’ workers

Emma Ujah The Central Bank of Nigeria (CBN) has halted lay-offs by banks. The apex bank said in a statement Sunday evening that the decision was taken after a special meeting of the Bankers’ Committee. According to the statement by the Director of Corporate Communications, Mr Isaac Okoroafor, no sack of either permanently or Adhoc […]