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NLNG celebrates Nigeria at 60

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Emefiele Tasks Nigerians on Agriculture, Unveils Rice Pyramids

March 2, 2021 Danlami Nmodu 0

  The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the Anchor Borrowers’ Programme of the Bank, has emphasised the need […]

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Osinbajo gives kudos to managers of Nigeria’s economy

February 27, 2021 Danlami Nmodu 0

  …. 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

February 21, 2021 Chimezie Godfrey 0

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 […]

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Court rejects EFCC’s prayer to inspect money seized from ex-NNPC GMD

February 17, 2021 Favour Lashem 0

  The Federal High Court, Abuja, on Wednesday, refused to grant an application file by the Economic and Financial Crimes Commission (EFCC), to inspect the […]

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Senate invites Emefiele, Yuguda, over Cryptocurrency ban

February 12, 2021 Danlami Nmodu 0

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

February 8, 2021 Chimezie Godfrey 0

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

February 8, 2021 Chimezie Godfrey 0

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

February 8, 2021 Danlami Nmodu 0

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 […]

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Police bust fake CBN Investment Scheme

February 5, 2021 Danlami Nmodu 0

…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

February 5, 2021 Chimezie Godfrey 0

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 […]

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CBN disburses N554bn to 2m farmers to boost food security

January 27, 2021 Favour Lashem 0

    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 […]

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Improved crude oil prices shoot Nigeria’s external reserve to 36.23bn

January 27, 2021 Favour Lashem 0

    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

January 22, 2021 Chimezie Godfrey 0

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 […]

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CBN moves to crash price of maize

January 19, 2021 Danlami Nmodu 0

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

January 18, 2021 Chimezie Godfrey 0

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

January 6, 2021 Danlami Nmodu 0

  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

January 6, 2021 Chimezie Godfrey 0

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

December 29, 2020 Chimezie Godfrey 0

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

December 25, 2020 Chimezie Godfrey 0

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

December 25, 2020 Chimezie Godfrey 0

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

December 24, 2020 Chimezie Godfrey 0

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

December 23, 2020 Chimezie Godfrey 0

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

December 22, 2020 Chimezie Godfrey 0

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

December 16, 2020 Chimezie Godfrey 0

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

December 11, 2020 Favour Lashem 0

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 […]

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