Agric. Loans: Buhari directs CBN, Agric. Ministry to bypass collateral
President Muhammadu Buhari has directed the Ministry of Agriculture and the Central Bank of Nigeria (CBN) to bypass the knotty ...
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Tag: CBN
Contempt proceedings: Court orders substituted service on CBN Governor Emefiele
An FCT High Court Kubwa, on Wednesday, granted an application seeking substituted service on CBN Governor, Godwin Emefiele, who is ...
Experts differ on likely impact of CBN’s 0.5% rate cut
Some financial experts have expressed divergent views on the likely effects of the reduction of the Monetary Policy Rate (MPR) ...
MPR reduction will increase lending by banks – expert
Prof. Evans Osabouhien, a Senior Economist at Covenant University, Sango-Ota, Ogun, on Wednesday said that the reduction of the benchmark ...
Nigeria spends $500m annually on palm oil importation, says CBN
The Governor, Central Bank of Nigeria (CBN) Mr Godwin Emefiele on Monday said that over five hundred million dollars was ...
Nigeria’s Balance of Payments jumps by $2.80m — CBN report
The Central Bank of Nigeria (CBN) said on Wednesday that the country’s Balance of Payment improved by a surplus of ...
CBN boosts foreign exchange market with $210m
The Central Bank of Nigeria (CBN), has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure adequate supply of ...
Forex market: CBN provides $268.4m, CNY46.3m for agric, raw materials
The Central Bank of Nigeria (CBN) on Friday provided 340 million dollars and 46.3 million Chinese Yuan (CNY) to customers seeking foreign ...
CBN to partner Kano to promote agriculture
The Governor of Central Bank Governor of Nigeria, Mr Godwin Emefiele, has said that the organisation will partner with Kano ...
CBN pledges more funding for Anchor Borrowers Programme
The Central Bank of Nigeria (CBN) has pledged to increase the funding of the Anchor Borrowers Programme (ABP) due to ...
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