Tag: CBN
The Central Bank of Nigeria (CBN) says it has not prohibited the acceptance of foreign currency cash deposits by Deposit Money Banks (DMBs). SEE ALSO: https://www.businesstimesng.com/microsoft-to-invest-1-1bn-in-mexico-over-next-5-years-ceo/ The CBN Director, Corporate Communications, Mr Issac Okorafor made the ...
The Bankers Committee, in collaboration with the Central Bank of Nigeria (CBN), will work with the Federal Government to finance four roads in the country, an official said on Tuesday. SEE ALSO: https://www.businesstimesng.com/nigeria-ranks-low-e-commerce/ The Director, Banking ...
The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending, (NIRSAL) a subsidiary of the Central Bank of Nigeria (CBN) is partnering with Nasarawa government to boost agribusiness in the state. The State Governor, Abdullahi Sule, disclosed ...
The Nigerian Inter-bank foreign exchange market received another boost of 210 million dollars from the Central Bank of Nigeria (CBN) after transactions on Tuesday, July 23. Mr Isaac Okorafor, the CBN Director, Corporate Communications Department, ...
Mr Tope Fasua, an Economic Expert, says retention of Monetary Policy Rate (MPR) at 13.5 per cent by the Central Bank of Nigeria (CBN) was expected. Fasua said this while reacting to the outcome of ...
The Central Bank of Nigeria (CBN) has approved a loan facility for at least 200 maize farmers in Abia under its Anchor Borrower Programme on maize for the 2019 farming season, an official has said. ...
President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught smuggling or dumping palm oil into the country. The presidential directive was disclosed by CBN ...
The Debt Management Office says the impact of the proposed limitation of commercial banks’ access to government securities on the market will depend on the actual mechanism provided by the CBN. Mr Oladele Afolabi, the ...
Mr Godwin Emefiele, Governor of Central Bank of Nigeria (CBN), says the bank, with some stakeholders, have identified smuggling and dumping as major challenges sabotaging the Nigerian economic policies. The governor said this on the ...
The Marine Club of Nigeria (MCN) has urged the Central Bank of Nigeria (CBN) to reduce benchmark lending rate in order to position commercial banks to better aid operations of businesses in the country. The ...
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