Nigeria’s currency circulation drops to N2.29tn in June – CBN
Currency in circulation dropped by N52.5bn from N2.35tn at the end of May to N2.29tn in June, the latest figures ...
Tag: CBN
Post-COVID-19: Bagudu urges Kebbi residents to key into FG’s economic programs
Governor Abubakar Atiku-Bagudu of Kebbi, says he is very happy with the various economic programmes introduced by President Muhammadu Buhari ...
Despite COVID-19, Dangote cement retains 54,000 employees – Official
President of Dangote Group, Aliko Dangote, has said that despite the challenging economic situation in 2019, Dangote cement was able ...
CBN approves N432bn for supporting 9 commodities in 2020 wet season
The Central Bank of Nigeria, CBN, has concluded plan to fund the value chains of nine commodities to the tune ...
Anchor Borrower: CBN to empower 5,016 maize farmers in Plateau
Five thousand and sixteen maize farmers in Plateau have benefitted from the Anchor Borrower Programme of the Central Bank of ...
Nigerian govt deploys 5,000 Agro-Rangers to protect farming investments
President Muhammadu Buhari has expressed delight that more and more Nigerians are taking advantage of the opportunities in the agriculture ...
CBN to fund 1.6m farmers in 2020 wet season
The Central Bank of Nigeria, CBN, says it will fund 1.6 million farmers in the 2020 wet season across the ...
Nigerian govt empowers rice farmers with inputs worth N43m
The Rice Farmers Association of Nigeria, RIFAN, Oyo state chapter, has received inputs worth N43million from the Anchor Borrower Programme, ...
Benue Assembly grants Ortom’s request to obtain N2.5bn loan for healthcare
Benue House of Assembly has approved Gov. Samuel Ortom’s request to obtain a Central Bank of Nigeria, CBN, loan facility ...
COVID-19: NAHCON pledges support for licenced tour operators
The National Hajj Commission of Nigeria, NAHCON, has assured Hajj and Umrah Operators in Nigeria of its support towards cushioning ...
COVID-19: Nigerian govt to inject N2bn into economy
The Federal Government is planning to inject N2 trillion as an intervention in the economy to cushion the impact of ...
Access Bank reacts to ‘planned’ sack of 75% workforce, close of branches
Access Bank Plc on Monday denied news making rounds that it would sack 75 per cent of its workforce and ...
COVID-19: Nigerian, state govts urged to exempt farmers from lockdown
Dr Tunde Arosanyin, the National Technical Adviser of All Farmers Association of Nigeria, AFAN, has appealed to the federal and ...
Petroleum products pricing: PPPRA engages CBN on Forex
The Petroleum Products Pricing Regulatory Agency, PPPRA, says it is engaging the Central Bank of Nigeria, CBN, to determine the ...
No records destroyed in CBN Jos branch fire outbreak – Official
The Central Bank of Nigeria, CBN, says no damage was done to its records in the fire outbreak in its ...
COVID-19: 80,000 applications received for CBN’s N50bn Intervention Fund – NIRSAL
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, NIRSAL, says it has received 80,000 applications on the N50 billion ...
COVID-19: LCCI recommends palliatives for banking, aviation sectors
The Lagos Chamber of Commerce and Industry, LCCI, has recommended palliatives for banking and aviation sectors to minimise the impact ...
COVID-19: Between the Devil and the Deep Blue Sea, by Lawretta Egba
Today, we have now been met with a holistic problem and there are no clear-cut solutions. There’s no eliminating the ...
COVID-19: Farmers call for review of anchor borrowers’ interest rate
Maize Farmers Association of Nigeria, MAAN, has called for zero interest rate on the 2020 Anchor Borrowers loan to farmers ...
COVID-19: NDIC donates N1bn to relief fund
The Board of the Nigeria Deposit Insurance Corporation, NDIC, has approved the immediate release of N1 billion Naira to the ...
Task force on Covid-19 has not received a kobo from private donations – Lai Mohammed
The Presidential Task Force for the Control of Coronavirus, Covid-19, says it is yet to receive any money from the ...
COVID19: No Nigerians abroad requesting for evacuation – Onyeama
The Minister of Foreign Affairs, Geoffrey Onyeama, says his ministry has not received any request from Nigerians aboard for their ...
COVID-19: Forex scarcity looms as BDC operators begin 2-week holiday
Forex scarcity looms in Nigeria as the Central Bank of Nigeria, CBN, has suspended the sales of foreign exchange to ...
COVID-19: CBN releases guidelines for accessing N100bn credit support
The Central Bank of Nigeria, CBN, has released guidelines for operations of N100 billion credit support for the healthcare sector ...