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CBN

CBN

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July 16, 2019
Naira
BUSINESS & ECONOMY COVER NEWSLETTER
At N2.159 trillion, currency-in-circulation, on month-on-month basis, rose by 0.3 per cent at the end of April 2019, the Central Bank of Nigeria (CBN) revealed in its economic ...
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By
July 15, 2019
LCCI
BUSINESS & ECONOMY COVER
The Lagos Chamber of Commerce and Industry (LCCI) has stated that the lending policy of the Central Bank of Nigeria (CBN) will normalise the credit markets, spur economic ...
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July 9, 2019
BUSINESS & ECONOMY
Mr Ebrima FAAL, Senior Director, Nigeria Country Department in African Development Bank (AfDB), on Tuesday advised industry players to use the opportunities of the 2019 Africa Investment Forum ...
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By
July 8, 2019
Advans La Fayette
BANKING & FINANCE
Advans La Fayette Microfinance Bank (MfB) said it has disbursed N30 billion as loans since its inception seven years ago. Managing Director/Chief Executive of the bank, Mr. Guillaume ...
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By
July 8, 2019
Non-Oil Export
BUSINESS & ECONOMY
Experts at the FSDH Research have noted that with the implementation of Central Bank of Nigeria’s 5-year agenda, more funds will be available to finance non-oil export-led sectors ...
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By
July 4, 2019
NNPC
OIL & GAS
The Nigerian National Petroleum Corporation (NNPC), yesterday, defended its role in the importation of Premium Motor Spirit (PMS), otherwise known as petrol, noting that its intervention has helped ...
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By
July 3, 2019
CBN
BUSINESS & ECONOMY COVER NEWSLETTER
The aggregate foreign exchange inflow into the Nigerian economy amounted to, showing an increase of 3.2 per cent above the level at the end of the preceding month, ...
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By
July 2, 2019
CBN
BUSINESS & ECONOMY
Businesses and consumers’ confidence is expected to increase in the month of July, according to a latest report by the Central Bank of Nigeria (CBN). The apex bank’s ...
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By
July 2, 2019
Buhari
Uncategorized
The Federal Government has directed the Central Bank of Nigeria (CBN), Nigeria InterBank Settlement System (NIBBS), and the National Identity Management Commission (NIMC), to co-operate with the Joint ...
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By
June 25, 2019
Godwin Emefiele
BUSINESS & ECONOMY COVER NEWSLETTER
 Seeks $12bn non-oil exports, 95% financial inclusion by 2024 To retain managed-float exchange rate Bankers back CBN’s plan for recapitalisation Central Bank of Nigeria (CBN) Governor, Mr. Godwin ...
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By
June 19, 2019
Buhari
LEGAL
The Tax Appeal Tribunal, sitting in Abuja on Wednesday, reversed N29.2 million Federal Inland Revenue Service’s (FIRS) imposed as value added tax on Infinity Trust Mortgage Bank. The ...
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By
June 19, 2019
TSA
BUSINESS & ECONOMY
The United Global Resolve For Peace (UGRFP) has called on the Federal Government to propose a bill to the National Assembly to make the operation of the Treasury ...
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By
June 18, 2019
CBN
BUSINESS & ECONOMY COVER NEWSLETTER
Denies report on drop in FDI Total capital flows to Nigeria between January and May 2019, stood at $14.2 billion, the Central Bank of Nigeria (CBN) revealed last ...
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By
June 14, 2019
Kari
INSURANCE & PENSIONS
The Commissioner for Insurance, Mohammed Kari, has said, the ongoing recapitalization will allow insurance companies in the country to retain huge risks which are presently ceded abroad. He ...
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By
June 9, 2019
Dangote
BUSINESS & ECONOMY COVER
The President of the Dangote Group, Alhaji Aliko Dangote, has described consumer credit as a vital tool for fighting corruption in the country. To this end, Dangote urged ...
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By
May 31, 2019
CBN
BUSINESS & ECONOMY COVER
The nation’s foreign reserves rose by $295.12m to $45.087bn as of May 27 from $44.792bn on April 26, the latest statistics from the Central Bank of Nigeria revealed. ...
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By
May 31, 2019
DSS
BUSINESS & ECONOMY
The Enforcement Committee (Abuse of the Naira) of the Central Bank of Nigeria (CBN) in collaboration with the FCT Police Command and Department of State Services (DSS) on ...
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By
May 30, 2019
CBN
BANKING & FINANCE
The Central Bank of Nigeria, on Tuesday, injected the sum of $205m into the inter-bank foreign exchange market in its continued push to sustain liquidity. Figures obtained from ...
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By
May 30, 2019
Mobile money
BANKING & FINANCE COVER NEWSLETTER
To create ‘Black Book,’ share details among financial institutions Tough times await chronic bank debtors as chief executive officers of financial institutions have resolved to create and maintain ...
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By
May 27, 2019
CBN Governor Godwin Emefiele
BANKING & FINANCE COVER
THOSE accusing the Central Bank of Nigeria (CBN) of operating multiple foreign exchange (forex) rates are wrong, CBN Governor Godwin Emefiele has said. What obtains are multiple foreign ...
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