Emefiele Tasks Nigerians on Agriculture, Unveils Rice Pyramids
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the Anchor Borrowers’ Programme of the Bank, has emphasised the need […]
CBN
Osinbajo gives kudos to managers of Nigeria’s economy
…. calls for regulation of blockchain technology The Vice President, professor Yemi Osinbajo has given the Central Bank of Nigeria thumbs up for […]
Cryptocurrency ban: SEC, CBN to provide level field for investments
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have agreed to collaborate and conduct research with a view to finding […]
Court rejects EFCC’s prayer to inspect money seized from ex-NNPC GMD
The Federal High Court, Abuja, on Wednesday, refused to grant an application file by the Economic and Financial Crimes Commission (EFCC), to inspect the […]
Senate invites Emefiele, Yuguda, over Cryptocurrency ban
By Haruna Salami The Senate has mandated its Committees on Banking, Insurance and Other Financial Institutions; ICT and Cybercrime; and Capital Market to invite the […]
Ministry, CBN collaborate to ensure provision of NIN through BVN
The Ministry of Communications and Digital Economy is collaborating with the Central Bank of Nigeria (CBN) to ensure citizens with Bank Verification Number (BVN) are […]
Cryptocurrencies unregulated, prone to financial crimes – CBN
Following reactions trailing a recent Central Bank of Nigeria (CBN) directive to Deposit Money Banks (DMBs) to desist from cryptocurrencies transactions, the apex bank has […]
Nothing new, Cryptocurrencies have long been forbidden here, CBN insists
The Central Bank of Nigeria, CBN has said there was nothing new in its recent directive banning use of cryptocurrencies. Osita Nwanisobi, Ag. Director, Corporate […]
Police bust fake CBN Investment Scheme
…Spokesman warns Nigerians to beware of fraudsters The Police in Lagos, in a joint operation with the Edo State Command, have nabbed the mastermind behind […]
CBN to bridge gap in health facilities, sponsor research on COVID-19
The Governor of Central Bank Governor, Mr Godwin Emefiele, says that the bank will partner government and relevant private sector organisations to provide modern facilities […]
CBN disburses N554bn to 2m farmers to boost food security
The CBN says it has disbursed N554.61 billion to 2, 849,490 farmers to boost food security under its Anchor Borrowers Programme (ABP) beginning […]
Improved crude oil prices shoot Nigeria’s external reserve to 36.23bn
The CBN says Nigeria’s Foreign Exchange Reserves rose from 34.94billion dollars in November 2020 to 36.23billion dollars as at Jan 21, 2021. CBN […]
Revised Cheque book becomes fully operational April 1, CBN says
The CBN has advised all Deposit Money Banks (DMBs) accredited Cheque Printers/Personalisers, and the Nigeria Interbank Settlement System (NIBSS), to enlighten their customers on the […]
CBN moves to crash price of maize
About 300,000 metric tonnes of maize are soon to be released into the Nigerian market from strategic anchors under the Anchor Borrowers’ Programme (ABP) of […]
CBN provides N10bn intervention funds to Kano to revive industries–Consortium
Kano Investment and Diaspora, in partnership with the Foreign Commonwealth Development ((LINKS) and Manufacturers Association of Nigeria (MAN) have secured a N10 billion intervention fund […]
Despite COVID-19 pandemic, Customs rakes in more revenue
Nigeria Customs Service generated the sum of N1,562,115,419,216.32 for the year 2020. Amount generated is over the target of N1,380,765,353,462.00 over the sum of […]
CBN supports Customs with 4 scanners to boost revenue generation
The Central Bank of Nigeria (CBN) has made commitment to support Nigeria Customs Service (NCS) to promote technology driven service to boost the nation’s economy. […]
Ekweremadu pledges to assist Enugu farmers access CBN loan
A former Deputy President of the Senate, Sen. Ike Ekweremadu, has pledged to assist farmers in Enugu State to access agricultural loan from the Central Bank […]
Diaspora Remittances: Mobile Payments Operators request CBN to reconsider position
The Association of Licensed Mobile Payments Operators (ALMPO) has appealed to the Central Bank of Nigeria (CBN) to reconsider its position and re-allow Naira payments […]
CBN revokes licenses of 7 PSPs, 1 switch service provider
The Central Bank of Nigeria (CBN) has revoked the licenses of seven Payment Service Providers (PSPs) and one switch service provider, who were unable to […]
Agro Processors ask CBN to enable easy forex access for SMEs
The Association of Food and Agro Processors (AFAP) has appealed to Central Bank of Nigeria (CBN) to assist Small and Medium Enterprises (SMEs) to easily […]
Yuletide: CBN to investigate dearth of money in ATMs
The Central Bank of Nigeria (CBN) says it will investigate the scarcity of funds witnessed by customers in most Automated Teller Machines (ATMs) in Lagos […]
Consumers ‘ll shun luxury items in next few months, says CBN
Most Nigerian consumers are not likely to purchase expensive or luxury items in the next 12 months. The Central Bank Of Nigeria (CBN) made this […]
CBN disclaims unregistered IMTOs
The Central Bank of Nigeria (CBN) has alerted the public on the activities of two umaithorised International Money Transfer Operators (IMTOs). A statement by Mr […]
CBN releases categorisation for payment system
The Central Bank of Nigeria (CBN), in line with its commitment to promote a strong and credible payment system, has approved new license categorisations for […]