CBN

The Central Bank of Nigeria (CBN) has disclosed that it is working to fast-track the domestic production of milk and boost palm oil production in the country. The apex bank also condemned claims by critics that the bank assisted…

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has faulted claims in certain quarters suggesting that the Bank’s targeted interventions in the agriculture sector are tilted in favour of a certain section of the country.…

SOME poultry farmers in the country have kicked against the decision of the Central Bank of Nigeria (CBN) to sustain ban on the importation of maize, stating that its effect on the nation’s food and livestock industry would be highly…

The Nasarawa State Government said it has attracted N10 billion investment from the Central Bank of Nigeria (CBN) under the Anchor Borrowers’ Scheme to boost rice production in the state. The project will be executed in partnership with…

The Peoples Democratic Party (PDP) governors have defended their colleague, Governor Godwin Obaseki of Edo State, over his comment that the federal government printed N60 billion to top up the March Federation Allocation, saying that the…

Nigeria’s governing party, the All Progressives Congress, APC says there is nothing wrong with the Central Bank of Nigeria printing currency to bail the government. The APC National Secretary, Caretaker and Extraordinary Convention…

The Central Bank of Nigeria CBN is working to include sugar and wheat on the list of commodities that will be banned from accessing foreign exchange (FX). CBN Governor Godwin Emefiele made this disclosure on Thursday in Awe, Nasarawa…

The Asset Management Corporation of Nigeria (AMCON) has repaid N2 trillion out of its N4.7 trillion commitment to the Central Bank of Nigeria (CBN). Managing Director/CEO of AMCON, Ahmed Kuru said the corporation has achieved its first…

The House of Representatives has urged Telecom operators in the country to halt the planned withdrawal and suspension of Unstructured Supplementary Service Data, USSD services to Nigerians and other financial institutions. This was…

The Central Bank of Nigeria (CBN) has said it will implement 10 percent banking sector credit to the agriculture sector, by 2024. This is from the current four percent, indicating a six percent increase. CBN Governor, Godwin Emefiele…