Business, consumers’ confidence in economy to rise in July — CBN survey
A Central Bank of Nigeria (CBN) survey report has shown that businesses and consumers’ confidence in the country’s economy will rise this month.
Nigeria attracts $10.65bn Foreign Direct Investment – CBN
The Central Bank of Nigeria, CBN, yesterday said the country has attracted Foreign Direct Investment, FDI of $10.65 billion from January 2018 to last month.
Bailout funds’re structured loans — CBN
The Central Bank of Nigeria, CBN, has said the recent bailout funds were not mere freebies but guaranteed structured loans to states.
MAPs seek $1bn from CBN, BOI, others to close metering gap
THE Meters Asset Providers, MAPs, have appealed to the Central Bank of Nigeria, CBN, Bank of Industry, BOI, and other development banks to provide funds, targeted at enabling them close 4.5 million metering gap in Nigeria.
CBN disburses N30b to oil palm producers
The Central Bank of Nigeria (CBN) has disbursed the sum of N30 billion to oil palm producers, with a view to ensuring massive production of the commodity in the country. The Governor of CBN, Mr. Godwin Emefiele, disclosed this at a meeting with stakeholders in the industry, in Abuja, this afternoon. The CBN boss also disclosed that the apex bank had commenced investigations into the accounts of suspected palm oil smugglers, vowing to sanction culprits.
CBN, PenCOM, banks workout over N2trn mortgage for Nigerians
More Nigerians would soon easily access mortgage facilities, as the Central Bank of Nigeria, CBN, and Bankers’ Committee have commenced a fresh initiative, in collaboration with National Pension Commission, PenCom, to make over N2 trillion mortgage available to the public.
