CBN

The Central Bank of Nigeria (CBN) has stated that it needs a proper understanding of Fintechs and the risk they pose, especially regarding data protection. This was disclosed by Mustapha Haruna, Director, Banking Supervision Department…

The Central Bank of Nigeria (CBN) has revealed that the importation of wheat costs the country about $2 billion annually, thereby exerting pressure on the country’s food import bill. Commenting on the country’s food import bill,…

Nigeria’s Vice President, Prof. Yemi Osinbajo has urged banks and financial institutions in Nigeria to support investments in housing, renewable energy and other critical sectors that would drive the economy in the coming years. Osinbajo…

The Federal Government has called for greater support from all stakeholders especially the Central Bank of Nigeria CBN, to fast track the development of mines and solid mineral sector. Minister of State for Mines and Steel Development,…

The Central Bank of Nigeria has appointed eight new directors.  This was disclosed in a statement titled ‘CBN names Nwanisobi, 7 others departmental directors’ released on Wednesday. The statement also disclosed…

The Central Bank of Nigeria (CBN) has released supervisory framework for payment service banks (PSB), which among other things empowers the PSB operators to sell foreign currencies, especially dollars, to authorised foreign exchange…

The Central Bank of Nigeria (CBN) has authorised the release of 50,000 metric tons of maize from the strategic maize reserve (SMR) under the Anchor Borrowers’ Programme (ABP) to 12 major producers in the country. The release is aimed at…

In a renewed move to address the rising cost of food prices in the Nigerian market, the Central Bank of Nigeria (CBN) and the Rice farmers Association of Nigeria (RIFAN) have concluded plans to distribute 27,000 metric tonnes of rice…

The Maize Association of Nigeria MAAN in collaboration with the Central Bank of Nigeria CBN has organised one-day training for maize farmers on the need for extension services. Speaking with newsmen in Kaduna, National President MAAN,…

The Nigerian Government has assured United Kingdom companies operating in the country of its support in ensuring that they thrive even in the face of dwindling foreign exchange earnings. The Nigerian Minister of Industry, Trade and…