CBN partners with Cotton association to resuscitate CTG sector
The National Cotton Association of Nigeria(NACOTAN), says it will partner with the Central Bank of Nigeria(CBN), to quickens the Federal Government’s effort in resuscitating the Cotton Textile and Garment (CTG) sector. Mr. Anibe Achimugu, the National President of the association made this known in an interview with the News Agency of Nigeria (NAN) on Friday […]
Banks’ borrowing from CBN up 107% in Nov
BANKS’ borrowing from the Central Bank of Nigeria (CBN) rose by 107 percent to N662 billion in November, 2019.
ATM charges: Don urges enlightenment, enforcement
Prof. Sherifdeen Tella, a Senior Economist at the Olabisi Onabanjo University, Ago-Iwoye, Ogun, on Sunday called on the Central Bank of Nigeria (CBN) to enforce its new guidelines on ATM/electronic transfer charges. Tella told News Agency of Nigeria (NAN) on Sunday in Lagos that appropriate enlightenment campaign should also be carried out to inform bank […]
CBN slashes electronic transfer, ATM withdrawal charges
By Babajide Komoloafe The Central Bank of Nigeria (CBN) has reviewed downward electronic transfer and ATM fees as well as card maintenance fees. The new charges were contained in the latest Guide to Charges by Banks and Other Financial Institutions just released by the CBN According to the CBN, bank customers will now pay N10 […]
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.
