Dry Season Farming: CBN, Gombe Govt. move to boost rice production
In efforts to boost rice production, the Central Bank of Nigeria (CBN), through the Anchor Borrowers Programme (ABP), in collaboration with the Gombe State Government, has embarked on sensitisation of farmers on dry season farming
NGO, CBN inaugurate 10,000 hectares oil-palm plantation in Kogi
An Agro-based Non-Governmental Organisation, Stocks and Minas Agricultural Advocacy Network Africa (SMAANA) in collaboration with the Central Bank of Nigeria (CBN) on Saturday inaugurated a 10,000 hectares oil-palm plantation in Kogi. Mr Joseph Idoko, President of the NGO while inaugurating the plantation in Amaka, Igala-Mela/Odolu Local Government Area of the state, said the initiative was […]
Expert urges CBN to enhance domestic capacity to hedge inflation
An economist, Mr Moses Igbrude, has advised the Central Bank of Nigeria (CBN) to enhance domestic capacity to hedge the rising inflation.
CBN threatens to suspend bank accounts of palm oil smugglers
The Central Bank of Nigeria (CBN) has threatened to suspend accounts of corporate entities and supply chain enablers involved in smuggling palm oil and its products into the country.
Nigeria’s skewed housing programme worries CBN
Central Bank of Nigeria, CBN, has expressed worry on how housing projects in the country favour the upper class alone; leaving the lower class that it said has more need for shelter in desolation. The apex bank is also worried that whereas there is a burgeoning demand for affordable housing in Nigeria, the existing intervention […]
Reps Probe PPPRA over alleged non-remittance of N1.343 trillion
By Tordue Salem The House of Representatives has raised a panel to probe an alleged non-remittance of N1.343 trillion Internally Generated Revenue (IGR) to the Consolidated Revenue Account by the Petroleum Products Pricing Regulatory Agency (PPPRA). Two members of the House, Reps. Ossai Nicholas Ossai (PDP-Delta) and Julius Ihonvbere (APC-Edo), sought the probe, through a […]
