CBN

COVID-19: Nigeria’s manufacturing sector contracts further

As the Nigerian economy contends with the effect of the COVID-19 pandemic, the manufacturing Purchasing Managers’ Index (PMI) has further…

2 days ago

NAN Director worried over failure of EFCC, CBN to probe alleged illegal withdrawals from GTB account

Four years after her petitions against Guaranty Trust Bank (GTB) over alleged illegal withdrawals of 11,765 Euro from her account,…

3 days ago

Ex-CBN director lauds CBN on benchmark interest rate reduction

Dr Titus Okunrounmu, a former director, Budgetary Department of Central Bank of Nigeria (CBN), has commended the Monetary Policy Committee…

3 days ago

Sanusi calls for diversification of economy to address poverty, inequality

Former Emir of Kano, Muhammadu Sanusi II, has said that Nigeria must diversify its economy in order to address the high…

4 days ago

Mixed reactions trail CBN‘s MPR cut

ical experts on Tuesday expressed mixed reactions to the 100 basis points slash in the Monetary Policy Rate (MPR) by…

4 days ago

Economic recovery: CBN reduces Monetary Policy Rate

The Central Bank of Nigeria (CBN) on Monday announced reduction of the Monetary Policy Rate (MPR) from 12.5 per cent…

4 days ago

Interest rate cut: Stock market advances by N42bn

Transactions on the Nigerian Stock Exchange on Tuesday rebounded further by 0.31 per cent, just as the Monetary Policy Committee…

4 days ago

FG losses billions of naira to unpaid revenue from lottery operators, says Akume

The Federal Government on Tuesday said it has lost billions of naira from 2015 till date in the lottery sector…

4 days ago

Food security:  CBN rallies stakeholders for dry season farming

The Central Bank of Nigeria (CBN), on Tuesday, urged agriculture stakeholders to make adequate plans for the dry season farming…

4 days ago

Onion farmers plead for increased investment in Sokoto, others 

The Secretary, Onion Farmers Association of Nigeria, Alhaji Aliyu Umar, has called for more investment into onion farming in order…

4 days ago

Financial expert advises CBN on interest rates as MPC holds

As CBN holds its 275th quarterly Monetary Policy Committee (MPC) meeting on Monday, a Financial expert, Mr Okechukwu Unegbe called…

5 days ago

NIRSAL, Coy unveil insurance product for crop indemnity

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc), has developed a Hybrid Multi-Peril Crop Indemnity-Index Insurance (HM-II).Speaking…

6 days ago

MPC: Financial experts seek monetary, fiscal policies alignment 

cial experts have urged the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to collaborate with the…

1 week ago

Nigerians laud CBN’s new family homes financing initiative

Some Nigerians have commended the Central Bank of Nigeria (CBN)’s new initiative to build affordable homes and create thousands of…

1 week ago

Edo election: INEC distributes sensitive materials to LGAs

The Independent National Electoral Commission (INEC), on Thursday began the distribution of sensitive election materials to the 18 Local Government…

1 week ago

Stakeholders applaud call for increased banks support to agriculture

Some stakeholders in the agriculture sector have commended the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele,…

1 week ago

Rising inflation: Agency wants tax holiday on production of goods, services

The National Co-operative Financing Agency of Nigeria (CFAN), has appealed to the Federal Government to grant tax holiday for companies…

1 week ago

Edo election: Sensitive materials arrive CBN in Benin

Sensitive materials for the conduct of Saturday’s governorship election in Edo arrived the Central Bank of Nigeria (CBN), office in…

1 week ago

MACBAN not responsible for any deadly attack on communities-Official

Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN),says it is a responsible association led by people who will never claim responsibility…

1 week ago

Fund MSMEs to address high inflation rate –Financial experts urge FG

Some financial experts have urged the Federal Government to adequately fund Micro Small and Medium Enterprises (MSMEs), in order to…

2 weeks ago

Emefiele canvasses stakeholders support to stimulate economic growth

Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) on Tuesday, called on stakeholders in the banking and financial system…

2 weeks ago

CBN unveils family homes financing initiative implementation framework

The Central Bank of Nigeria (CBN) on Tuesday,  unveiled a framework for  implementation of family homes financing initiative to fast…

2 weeks ago

Non-oil exporters task BoT on global market access

The Network of Practicing Non-oil Exporters of Nigeria (NPNEN) has tasked its newly inaugurated Board of Trustees (BoT) to help…

2 weeks ago

COVID-19 palliatives: Argungu LGA distributes food items to households 

The Argungu Local Government Area of Kebbi, says it has distributed relief materials to over 1,650 households in 11 wards…

2 weeks ago

COVID-19: Financial expert urges CBN to support banks

A financial expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to increase support for commercial banks…

2 weeks ago

ABCON projects Naira stability

The Association of Bureau De Change Operators of Nigeria (ABCON) on Monday said that in spite of the marginal losses…

2 weeks ago

Maize: Farmers target cultivation of 250,000 hectares to bridge importation gap

Maize farmers will cultivate about 250,000 hectares of land during the 2020 dry season farming, the National President, Maize Association…

2 weeks ago

Maize farmers to support FG’s food security drive

The Maize Association of Nigeria (MAAN), on Monday, pledged to continually support the Federal Government’s Agricultural policies and programmes.Dr Bello…

2 weeks ago

COVID-19: Ekiti schools reopen Sept. 21, tertiary institutions Oct. 2

The Ekiti State Governor, Dr Kayode Fayemi, has announced September 21 date for reopening of primary and secondary schools in…

2 weeks ago

Flood: Kebbi farmers urge FG, CBN to suspend anchor borrower’s loan repayment till 2022

The 225 Wards of Rice Farmers Association of Kebbi, have appealed to the Federal and State Governments, as well as…

2 weeks ago

NAHCON, Jaiz Bank sign agreement on Hajj savings scheme

The National Hajj Commission of Nigeria (NAHCON), on Thursday signed an agreement with the Jaiz Bank Plc, for a Hajj…

2 weeks ago

AFAN urges FG to tackle challenges confronting maize cultivation

The All Farmers Association of Nigeria (AFAN) has appealed to the Federal Government to address the challenges confronting maize cultivation…

2 weeks ago

FAAC: FG, States, others share N3.88trn in 6 months – Report

The Federation Accounts Allocation Committee (FAAC) shared N3.879 trillion to the Federal Government, states, local government areas and other statutory…

2 weeks ago

Ekiti State Govt. calls for more CBN support for agric development

Ekiti State Government has appealed to CBN to extend its support to the development of tree crops not captured under…

3 weeks ago

Insurance firm to pay farmers affected by flood in Sokoto

Mr Kenneth Egbaran, the Managing Director of Veritas Kapital Assurance has assured farmers affected by the 2020 flood in Sokoto…

3 weeks ago

Naira loses against dollar at the parallel market

Barely 24 hours the Central Bank of Nigeria (CBN) resumed dollar sales at the Bureau De Change (BDC) sector, the…

3 weeks ago

COVID-19: PSN urges FG to fund pharmaceutical researches

The Pharmaceutical Society of Nigeria (PSN), has called on the Federal Government to intensify efforts on funding researches in the…

3 weeks ago

NAFDAC wants herbal medicines practitioners to collaborate with researchers on acceptable products

The National Agency for Food and Drug Administration and Control (NAFDAC) has urged herbal medicine practitioners to collaborate with researchers…

3 weeks ago

Naira closes at N435 to dollar at parallel market

The Naira on Monday gained N5 to close at N435 to the dollar at the parallel market in Lagos.The Pound…

3 weeks ago

CBN didn’t take over National Theatre – ex-acting GM

Mr Sunday Baba, the immediate past Acting General Manager of the National Arts Theatre, Lagos, says the Central Bank of…

3 weeks ago

Buhari’s address at Ministerial Performance Review Retreat

ADDRESS BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, AT THE FIRST YEAR MINISTERIAL PERFROMANCE REVIEW…

3 weeks ago

Buhari challenges ministers, senior officials on implementation of ESP Programmes

President Muhammadu Buhari has challenged ministers and senior government officials to ensure the vigorous and prompt implementation of the Economic…

3 weeks ago

COVID-19: Zero Oil Plan critical to Nigeria’s economy—NEPC

Mr Segun Awolowo, the Executive Secretary, Nigeria Export Promotion Council (NEPC), says active implementation of the Zero Oil Plan will…

3 weeks ago

Healthcare Development: Gov. Abiodun seeks Assembly’s approval over N2.5bn loan

Gov. Dapo Abiodun of Ogun has sought the approval of the state House of Assembly to access a N2.5bn loan…

3 weeks ago

NLC rejects hike in fuel price, don reacts  

The Nigeria Labour Congress(NLC) has rejected the recent increased in Premium Motor Spirit (PMS) known as petrol from N148. 50…

3 weeks ago

ABCON warns members ahead resumption of forex sale

The Association of Bureau de Change Operators of Nigeria (ABCON) has warned its members not to sell foreign exchange to unauthorised…

3 weeks ago

FG, CBN collaborating to mitigate effects of COVID-19 on creative sector – Lai Mohammed

The Federal Government says it is collaborating with the Central Bank of Nigeria (CBN) to provide palliative and strategic intervention…

3 weeks ago

CIBN, CBN to host Banking, Finance conference, solicit media support

The Managing Director/Chief Executive Officer of Ecobank, Mr Patrick Akinwutan has commended the media for its agenda-setting role and the…

3 weeks ago