Central Bank of Nigeria (CBN)

Oil price crash affecting infrastructure, capital needs ― Buhari

President Muhammadu Buhari has alerted that the recent crash in oil price due to coronavirus outbreak has affected the ability…

5 years ago

Reps to summon CBN, banks CEOs, forex traders over $30bn yearly revenue leakages

Plans are underway for the commencement of investigate hearing into the loss of over $30 billion revenue leakages arising from…

5 years ago

NNPC reiterates commitment to reduce cost of crude oil production

The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to strategically put in place measures that would alleviate the…

5 years ago

Reps to probe NIS, Nigerian passport racket syndicates

The House of Representatives, on Thursday, unveiled plans to investigate the alleged passport racketeering and other corrupt practices at the…

5 years ago

NDIC wins N1.4bn debt recovery case against defunct Gulf Bank debtors

In its capacity as official liquidator, the Nigeria Deposit Insurance Corporation (NDIC) has secured a judgment against Jolimair Nigeria Limited…

5 years ago

Foreign currency deposits into banks not banned ― CBN

The Central Bank of Nigeria (CBN) has formally clarified the uncertainties surrounding the operations of domiciliary accounts in Nigeria. Making…

5 years ago

Ogun: CBN commences farm mapping exercise for verified Anchor Borrowers’ subscribers

The Central Bank of Nigeria (CBN) has commenced farm mapping exercise for Verified Anchor Borrowers' Subscribers across the 20 Local…

5 years ago

FCTA partners with CBN to improve dairy production in Nigeria

The Federal Capital Territory Administration (FCTA) has expressed its willingness to partner with the Central Bank of Nigeria (CBN) to…

5 years ago

IMF says 2020 economic outlook challenging, economy to grow by 2%

After concluding annual Article IV consultation on Wednesday last week, the staff of International Monetary Fund (IMF) on Monday,  declared…

5 years ago

Imported starch is damaging local production ― Don

The Chairman, Harvest Feeds Agro-Processing, Goke Adeyemi, has lamented the damages caused by the continued importation of corn starch into…

5 years ago

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