CBN on banks: Between expediency and FDI inflow
Internal engagement, as the accused banks have indicated, would have been a more appropriate approach to resolve the issues
CBN unveils new guidelines for credit to agric, manufacturing
The Central Bank of Nigeria (CBN) plans to increase the flow of credit to the real sector of the economy to consolidate and sustain the nation’s economic recovery.
CBN don’ kill us, senate don’ fail us!
The Director General of the DMO, Patience Oniha, revealed, at a press briefing in Abuja on 15th August 2018 that Nigeria’s public debt, had apparently risen from well below N3Tn in 2007 to over N22.30Tn ($73.21bn) by June 2018.
Currency swap deal: CBN bars importers of substandard goods
The Central Bank of Nigeria (CBN) says the currency swap agreement with the People’s Bank of China (PBoC), will not cover the importation of substandard goods into the country.
CBN grants N14.9bn loan to North-East Commodity Association
The Central Bank of Nigeria (CBN) has granted N14.9 billion loan to the North East Commodity Association (NECAS), on the platform of its Anchor Borrowers’ Programme (ABP).
CBN injects $210m in foreign exchange market
The Central Bank of Nigeria (CBN) has injected 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments of the market.
