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2m Farmers get CBN’s N554b funds

Nigeria’s foreign exchange (forex) reserves rose from $34.94 billion last November  to $36.23 billion by January 21, 2021 on the back of increase in...

CBN boosts economy with N8.8tr to battle COVID-19 effect

Central Bank of Nigeria (CBN) has injected more than than N8.8 trillion into the economy since the advent of COVID-19 in March last year.Its...

CBN opposes lockdown, retains interest rate at 11.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria on Tuesday urged the Federal Government not to consider another round of lockdown.CBN...

CBN opposes lockdown, retains interest rate at 11.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria on Tuesday urged the Federal Government not to consider another round of lockdown.CBN...

Expert urges CBN to curb inflation rates

As the Central Bank of Nigeria (CBN) opens its Monetary Policy Committee (MPC) meeting on Monday, a financial expert, Mr Okechukwu Unegbu, has advised...

CBN vows to Sanction Accounts of Diaspora Remittance Violators

The Central Bank of Nigeria has vowed to withdraw the operating licences of operators who continue to violate rules regulating dispora remittances into the...

FG announces new plan for N-Power beneficiaries

N-Power beneficiaries, who have concluded the two-year job programme, will now be able to access permanent job opportunities or business prospects, the Federal Government...

CBN must review Foreign Exchange policy to improve dollar supply- LCCI

The Central Bank of Nigeria needs to get its foreign exchange policy right to attract the needed investors that will improve the supply of...

ABCON tasks CBN on forex stability in 2021

The Association of Bureaux De Change Operators of Nigeria (ABCON), on Tuesday, urged the Central Bank of Nigeria (CBN) to continue to stabilise the...

CBN fixes N2b capital for mobile money operators

Mobile Money Operators (MMOs) are to maintain a minimum of N2 billion capital base, the Central Bank of Nigeria (CBN) has directed in a...

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