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Buhari confirms appointments into CBN, NCC, NCAA

The President, Major General Muhammadu Buhari (retd.), has confirmed appointments into the Central Bank of Nigeria, Nigerian Communications Commission, and Nigerian Civil Aviation Authority.The...

CBN mobilises 140,848 tomato farmers for Anchor Borrowers Programme

The Central Bank of Nigeria (CBN) has mobilised and validated 140,848 tomato farmers for the Anchor Borrowers Programme.The CBN Governor, Mr Godwin Emefiele disclosed...

Foreign Reserves: CBN not contemplating devaluation of currency

The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the bank is not contemplating devaluation of currency following the drop in...

Banking sector gross credit grows by N2trn in 7 months – Emefiele

The Central Bank of Nigeria (CBN) says the Banking Sector Gross Credit has grown by two trillion naira in seven months.The CBN Governor, Mr...

CBN, state govt. pledge support for cotton farmers in Ekiti

The Central Bank of Nigeria, (CBN) has assured members of National Cotton Association of Nigeria (NACOTAN) Ekiti chapter of its financial assistance to enable...

CBN retains minimum 65% loan deposit ratio

The Central Bank of Nigeria (CBN), says it has retained the minimum 65 per cent of Loan Deposit Ratio (LDR) in the interim.The CBN...

CBN releases guidelines on Nigerian payment system risk, information security management framework

The Central Bank of Nigeria (CBN) has released the Nigerian Payment Systems Risk and Information Security Management Framework to guide the management of risks...

CBN reviews bank guidelines, slashes charges

The Central Bank of Nigeria (CBN), has reviewed downward charges and fees for banking services.This is contained in the new guidelines for banks, other...

National currency processing coys must have N3bn capital–CBN

By Our ReporterThe Central Bank of Nigeria (CBN) says henceforth, any company registered to operate as a National Currency Processing Companies (CPC) must have...

CBN discharges N35.9b for agric credit scheme

By Jennifer Y OmiloliThe Central Bank of Nigeria (CBN) has discharged N35.9 billion for 166 projects under the Commercial Agriculture Credit Scheme.CBN...

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