Tag: CBN

Update on USSD Codes Suspension

Tanimu- March 17, 2021

Bank Customers who patronize the usage of Unstructured Supplementary Service Data (USSD) code for most of their financial transactions are worried over the implications of ... Read More

We must discontinue dependence on crude oil for public revenue, forex – Emefiele

Abdul Jimoh- December 6, 2020

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has reiterated the need for the country to discontinue with heavy dependence on ... Read More

Economists say MPC’ decision to retain all parameters reasonable

Suleiman Idris- July 25, 2020

Some Economic analysts on Thursday in Lagos described as “reasonable” the decision by the Monetary Policy Committee (MPC), of the Central Bank of Nigeria (CBN), ... Read More

Economists say MPC’ decision to retain all parameters reasonable

Abdul Jimoh- July 23, 2020

Some Economic analysts on Thursday in Lagos described as “reasonable” the decision by the Monetary Policy Committee (MPC), of the Central Bank of Nigeria (CBN), ... Read More

CBN Gives Directive to Ban Importation of Maize

Henry Solomon- July 14, 2020

The Central Bank of Nigeria (CBN) has directed all authorized dealers to discontinue the processing of Form M for the importation of maize with immediate ... Read More

Breakdown of Contributions to Fight #COVID19Nigeria – CBN

Tanimu- April 2, 2020

The Central Bank of Nigeria (CBN) on Wednesday said that monetary contributions to its relief fund under the auspices of Private Sector Coalition Against COVID-19 ... Read More

Buhari nominates Dr.Kingsley Obiora as CBN Deputy Governor

Olisa- January 16, 2020

Dr. Kingsley Obiora President Muhammadu Buhari has nominated Dr. Kingsley Obiora as a Deputy Governor of the Central Bank of Nigeria (CBN). If confirmed by the Senate, Dr. Obiora ... Read More

Banks defying CBN’s reviewed ATM charges, others – Customers decry

Abdul Jimoh- January 2, 2020

……….Alerts CBN that banks fraudulently charging without sending alerts Some bank customers have frowned at their banks for not complying with the new CBN guidelines ... Read More

Minister of Communication and Digital Economy Reacts to CBN’s Online Banking and Other Charges

Tanimu- December 25, 2019

The Honourable Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim(Pantami), FNCS, FBCS, FIIM has hailed the decision of the Apex Bank, the Central ... Read More

119 Edo cassava farmers for FG’s Anchor Borrowers Scheme

Abdul Jimoh- December 23, 2019

No fewer than 119 cassava farmers in Edo North are to benefit from the Federal Government’s Anchor Borrowers Scheme which has been launched in the ... Read More

CBN to Develop Creative Industries Parks in Three Major Cities

Henry Solomon- September 30, 2019

To boost the creative sector’s contribution to the Gross Domestic Product (GDP), the Central Bank of Nigeria (CBN) has expressed plans for development of creative ... Read More

CBN to Build 7 Diagnostic Centres in 6 Geopolitical Zones, Abuja

Henry Solomon- August 22, 2019

The Central Bank of Nigeria (CBN), says it will build diagnostic centres in the six geopolitical zones of the country and Abuja. The CBN Governor, ... Read More

FG Set To Boost Domestic Production Of Milk– Emefiele

Abdul Jimoh- July 23, 2019

The Federal Government says it is considering banning the importation of milk because it can be produced in the country to grow the economy. The ... Read More

CBN: 1m farmers benefit from Anchor Borrowers scheme

admin- June 24, 2019

The Central Bank of Nigeria (CBN), said more than one million smallholders farmers had access to finance through its Anchor Borrowers Programme. Emefiele said this ... Read More

Ministry urges women to leverage ICT to grow businesses

admin- June 24, 2019

The Federal Ministry of Industry, Trade and Investment has urged Nigerian women to leverage the potential in Information Communication Technology (ICT) to grow their businesses. ... Read More

Shareholders kick over N83.58bn banks’ contributions to AMCON in 2018

admin- May 29, 2019

Shareholders of five banks are up in arms over N83.58 billion contribution into the sinking fund of the Asset Management Corporation of Nigeria (AMCON) in ... Read More

Emefiele Foresees Three Per cent GDP Growth Rate in 2019

admin- March 22, 2019

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, Thursday projected that the Nigerian economy would grow by three per cent in 2019, higher ... Read More

CBN, govs collaborate to revive $10bn oil palm industry

admin- March 19, 2019

The Federal Government’s Plansto revive the nation’s $10 billion oil palm industry got a boost on Monday, as the Central Bank of Nigeria (CBN) and some ... Read More