Tag: CBN
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Emefiele loses Bid to Reclaim 753 duplexes in Abuja
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Justice Jude Onwuegbuzie of the Federal Capital Territory (FCT) High Court, Apo, Abuja, on Monday dismissed an application filed by former Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele,…
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U.S. tariffs pose significant risk to global economy, IMF warns
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The Managing Director of the International Monetary Fund, IMF, Kristalina Georgieva, has expressed concerns over new U.S. tariffs, calling them a major risk to the global economy amid ongoing economic…
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Osun State Government rejects CBN report on Wale Boluwaduro
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The Osun State Government has rejected the position of the Central Bank of Nigeria, CBN, on its nominee for the directorship of Living Trust Mortgage Bank, urging the apex bank…
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Customs intercepts, hands over 7 million CFA to EFCC
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By Ige Adekunle The Nigeria Customs Service (NCS), Ogun 1 Area Command, on Tuesday, handed over 7 million CFA (N17 million) intercepted by its operatives to the Economic and Financial…
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Somalia joins Afreximbank, seeks to boost intra-African trade, economic growth
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Somalia has become the 53rd member state of the African Export-Import Bank, AFREXIMBANK. The country formally acceded to the Establishment Agreement of African multilateral financial institution, thus bringing the Bank…
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Fidelity Bank equips entrepreneurs for global trade success with EMP 18
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Fidelity Bank Plc has once again highlighted the importance of promoting non-oil exports as it recently hosted the 18th edition of its dedicated capacity development training tagged Export Management Programme,…
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BREAKING: Access Bank CEO, Wigwe, wife, son, 3 others die in Copter crash in US
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Access Bank CEO, Roosevelt Herbert Wigwe, his wife, son and three others have died in a helicopter crash in California. The plane crashed Friday night near Nipton, California, with six…
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Appeal Court Fixes October 12 For Hearing of First Bank Appeal Against N266m Judgment
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An appeal court sitting in Lagos has fixed October 12, 2021for the hearing of an appeal filed by First Bank of Nigeria against a judgment delivered by a Federal High…
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Zenith Bank GMD Advocates Impact Investment For Africa’s Development At Global Summit
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Mr. Ebenezer Onyeagwu, group managing director/chief executive of Zenith Bank, has called for increased impact investing in Africa for the continent to attain its full potential. The call was contained…
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Zenith Bank Now Best Commercial Bank In Nigeria
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Zenith Bank Plc has emerged as the Best Commercial Bank in Nigeria in this year’s World Finance Banking Awards. The award, which was announced in the July 2021 edition of…
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Niger Govt., CBN, Others, to partner with Tatsuniyya Cartoon series for promotion of investment in culture
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By James Kwen The Niger State Government, Central Bank of Nigeria (CBN) and other stakeholders have expressed readiness to partner with Tatsuniyya Cartoon series for the promotion of investment in…
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USSD Row: FG Intervenes in MTN – Banks’ Feud
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Minister of Communications and Digital Economy, Dr. Isa Pantami, has intervened in the feud between MTN and deposit money banks over the Central Bank of Nigeria’s block of Unstructured Supplementary…
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Virtual Assets, Cryptocurrencies Risky for Nigeria – ICPC Boss
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The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, SAN, has said that virtual assets and crypto currencies are risky for implementation in…
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CBN injects N50billion into commodity exchange, cancels privatisation
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The Central Bank of Nigeria, CBN, is set to inject N50 billion into the Nigerian Commodity Exchange in a bid to halt the arbitrage by middlemen under whom Nigerian farmers…
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CBN to offer cotton farming loan facility to 15,000 farmers in Jigawa
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BY SHEHU MUSA, Dutse. About 15,000 farmers in Jigawa State are to benefit from Federal Government Cotton Production Program of the Central Bank of Nigeria, the state Chairman Jigawa Chapter…
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Tinubu to CBN: Economic fallout from COVID-19 presents the most pressing case for revising high interest rate policy ( Read his treatise)
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THE CASE AGAINST HIGH INTEREST RATES IN TIME OF CONTAGION : THE TIME IS NOW – CORRECT THE INTEREST RATE By Asiwaju Bola Tinubu, The economic fallout from the…
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Turning COVID-19 tragedy into opportunity for New Nigeria – By Godwin I. Emefiele
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ABUJA, Nigeria, April 15, 2020/ — As many people are now aware, the outbreak of the Novel Coronavirus Disease (COVID-19) in China has rapidly permeated and profoundly changed the world.…
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Alert! Beware of COVID-19 Cyber-attacks, Fraud – CBN warns
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The Central Bank of Nigeria (CBN) has warned the general public to beware of the antics of criminal elements taking advantage of coronavirus pandemic to defraud. The warning was contained…
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SERAP asks FG, CBN to provide spending details on COVID-19 relief funds, school feeding
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Socio-Economic Rights and Accountability Project (SERAP) has asked the Federal Government and Central Bank of Nigeria (CBN) to “provide spending details of public funds and private sector donations to provide…
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COVID-19: CBN issues guidelines to access N50 billion credit facility
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The Central Bank of Nigeria (CBN) has issued guidelines that must be followed by individuals and companies to access the N50billion targeted credit facility for households and Small and Medium…