N200bn Agric loan: CBN orders beneficiaries to insure projects with NAIC
THE Central Bank of Nigeria (CBN) has ordered beneficiaries of the N200 billion Commercial Agricultural Credit Scheme (CACS) to henceforth obtain insurance cover for their projects from the Nigeria Agricultural Insurance Company (NAIC).
Naira exchanges N364 to Dollar as CBN boosts foreign exchange supply with $195m
The Central Bank of Nigeria (CBN), Monday, intervened in inter-bank Foreign Exchange Market with the supply of 195 million dollars as part of its efforts to stabilise the market.
Forex: CBN injects $195m into FX market
The Central Bank of Nigeria (CBN), has injected $195million into the inter-bank segment of the foreign exchange market, continuation of its drive to ensure the stability of the exchange rate.
CBN to mop-up N238bn as NBS releases June inflation data
HE Central Bank of Nigeria (CBN) will this week continue its tight monetary policy by issuing treasury bills to mop-up N238 billion.
Depleting capital: Insurers seek access to N30bn statutory deposit
HAVING witnessed massive capital depletion while the economic downturn persists, a segment of the insurance industry, especially the fringe players are now lobbying the regulatory authorities to have access to their statutory deposit lodged in the Central Bank of Nigeria, CBN.
Banks’ assets and liabilities hit N33 trillion
THERE are strong indications that the total asset and liabilities of commercial banks in the country have crossed the N33 trillion mark, according to the economic report of the Central Bank of Nigeria (CBN) for May, 2017 released on Friday.
