CBN

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CBN’s unconventional policy to grow economy paying off ― Emefiele

Central Bank of Nigeria (CBN) Governor, Godwin Emefiele says ensuring price stability and growing the nation’s economy through unconventional policy is paying off. Emefiele stated this at the first Convocation Lecture of Edo University, Iyamho, Auchi on Friday. The governor said in spite of the criticism from certain quarters the bank would not be deterred […]

CBN injects billions into textiles, cotton industries

Emma Ujah The Governor of the Central bank of Nigeria (CBN), Mr Godwin Emefiele, at the signing of the Memoranda of Understanding (MoU) in Abuja, yesterday has described the “historic” deal involving the nation’s cotton farmers, textile companies and the military. The first MOU was between the National Cotton Association of Nigeria (NACOTAN) and Ginning […]

CBN votes N500m for recycling of old Naira notes, others

As ministry, GIZ, EU, UNIDO, HBS, others plan on disposal of expired battery By Chris Ochayi Worried by the negative impact of disposing of expired naira notes through burning on the environment, the Central Bank of Nigeria, CBN, disclosed yesterday that it has set aside a total sum of N500 million for the recycling of […]

CBN votes N500m for recycling of old Naira notes, others

Worried by negative impact of disposing of expired naira notes through burning on the environment, the Central Bank of Nigeria, CBN, disclosed yesterday that it has set aside a total sum of N500 million for the recycling of old bank notes and other hazardous electronic materials that constitute environmental hazards.

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