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CBN
Period of brooding over the devastation suffered by Lagos State in the violence that trailed the hijack of the #EndSARS protests is now past. The recovery effort has begun in earnest, with…
#EndSARS: NBA Slams FG For Blocking Accounts And Branding Protesters ‘Terrorists’
The Nigerian Bar Association (NBA) said on Wednesday that blocking the accounts of #EndSARS protesters on the pretext that they were terrorism suspects showed that the Federal Government was…
ANCHOR BORROWING: Zulum Hosts CBN Team, Wants 65,000 Hectares Cultivated In Borno
The Borno Governor, Professor Babagana Umara Zulum Monday hosted an agro-facilitating team from the Central Bank of Nigeria, with the governor targeting the cultivation of 65,000 hectares of…
CBN Re-Assigns 2 Pre-shipment Inspection Agents For Non-oil Export, Wants Shippers…
The Central Bank of Nigeria, CBN, Tuesday, re-assigned two companies as Pre-Shipment Inspection Agents (PIA) for non-oil exports in the northern and south-western parts of the country.…
CBN, Bankers’ Committee To Revamp National Theatre For Optimal Utilisation
In furtherance to boost the Creative Industry Financing Initiative (CIFI) announced at the Bankers’ Committee retreat in 2018,the Federal Government has officially handed over the National…
JUST IN: CBN Orders Banks Not To Retrench Workers
Following the backlash of a viral video by Access Bank alleged sacking of workers, the Central Bank of Nigeria (CBN) has ordered all banks not to retrench any workers.
A statement from…
JUST IN: CBN Resumes Dollar Sales For SME, BDC Operators
The Central Bank of Nigeria (CBN) on Wednesday, resumed the provision of foreign exchange for banks to allow Small and Medium Enterprises SME to make essential imports
and to enable…
Uncertainties As Freight Agents Groan Over CBN Hike Of FOREX
Customs brokers and freight forwarders on Thursday , groaned over the Central Bank of Nigeria (CBN) increment in exchange rate from N321 per dollar to N361 for imported cargoes.…
CBN Suspends Issuance Of Cheques
The Central Bank of Nigeria (CBN) has ordered the suspension of cheques clearance by all money deposit banks operating in Nigeria.
The suspension is effective from March 31.
According…
CBN Announces Intervention Loans Expansion To Pharmaceutical Companies
The Central Bank of Nigeria (CBN) on Monday, announced intervention loans to pharmaceutical companies planning to expand or open drug manufacturing plants in Nigeria .
CBN Govenor Godwin…