Banks have warned in the emails to their customers that defaulters of the new foreign exchange policy may face criminal prosecution by the Central Bank of Nigeria (CBN). According to…
Continue readingThe Central Bank of Nigeria, CBN, has continued its crackdown on all illegal foreign exchange transactions in Nigeria, just as it issued a notice warning microfinance banks operating in the…
Continue readingData collated from the Central Bank of Nigeria have shown that the Federal Government’s total borrowing from the Apex Bank through Ways and Means Advances has increased to N15.51 trillion…
Continue readingDEADLINE: 1ST JULY, 2021CENTRAL BANK OF NIGERIATENDER NOTICECENTRAL BANK OF NIGERIA ON BEHALF OF DMO OFFERS NIGERIAN TREASURY BILLS Notice is hereby given by the Central Bank of Nigeria on…
Continue readingIn order to enable the Electricity Distribution Companies to cover the collection and operational expenditure shortfalls and halt the liquidity crisis in the country’s power sector, the Central Bank of…
Continue readingThe acting Director, Corporate Communication of the Central Bank of Nigeria (CBN), Osita Nwanisobi disclosed on Thursday at the bank’s special day at the ongoing 42nd Kaduna International Trade Fair…
Continue readingEkiti State Government has expressed its concern on the failure of beneficiaries to repay the about N1.6bn loan from the Central Bank of Nigeria and the Bank of Industry’s matching…
Continue readingThe Governor of the Central Bank of Nigeria, Godwin Emefiele has revealed that Nigeria imports over $580 million worth of cassava by-products annually. He made the disclosure during the unveiling…
Continue readingThe Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has emphatically promised that digital currency will come to life in Nigeria. He made this disclosure during the recently…
Continue readingThe Central Bank of Nigeria (CBN) has projected a minimum of 1 million hectares of rice nationwide for each of the planting season in 2021, through a combination of RIFAN…
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