Central Bank of Nigeria injected $4.37bn into the foreign exchange market in the third quarter of 2020 as part of efforts to ensure the stability of the naira.Continue Reading
Central Bank of Nigeria (CBN) sold N7.77 trillion worth of secondary market treasury bills in 2020, down by 62 percent from N13.92 trillion sold in 2019.Continue Reading
Mobile Money Operators (MMOs) are to maintain a minimum of N2 billion capital base, the Central Bank of Nigeria (CBN) has directed in a circular signed by its Director, Payments System Management Department, Musa Jimoh.Continue Reading
Senate on Thursday began a fresh probe of alleged misappropriation of N6.2 billion by the dissolved Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC).Continue Reading
Central Bank of Nigeria (CBN) has released the sum of N12.552 billion to large, medium and small-scale poultry farmers in the country as part of its strategy to boost egg and meat production as well as create more jobs in the country.Continue Reading
Ogoni communities in Rivers have instituted a contempt proceeding against the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, at the Federal High Court, Abuja.Continue Reading
Oyo State House of Assembly has approved the request of Governor Seyi Makinde to access N2billion loan facility from the Central Bank of Nigeria (CBN), for the implementation of the Anchor Borrowers Programme.Continue Reading
Former President Goodluck Jonathan on Tuesday said he was wrongly judged by some of his friends and political opponents before the 2015 presidential election because of his personal convictions and the vision he had for the country.Continue Reading
House of Representatives on Thursday unveiled plans to adopt non-interest banking services in Nigeria as part of efforts to stimulate the nation’s economy.
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The programme is expected to provide technical and vocational education to over 4 million Nigerian youths over the next 5 years.Continue Reading
