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CBN latest news - Page 41

CBN Plans To Set Up Finance Centre At Eko Atlantic City In 2022

The Central Bank of Nigeria (CBN) has said it will set up an international financial centre at the Eko Atlantic City by the second quarter of 2022 to attract investors. Godwin Emefiele, the apex bank governor, disclosed this while speaking at the

November 29, 2021

Business

CBN Awards N5m Loans To Graduates Under New Scheme

The Central Bank of Nigeria (CBN) has launched the Tertiary Institutions Entrepreneurship Scheme designed to tackle underemployment and unemployment in the country. CBN Governor Godwin Emefiele, at the launch in Abuja, on Thursday, November 25, presented loans ranging from N4.1m to N5m

November 26, 2021

Finance & Economy

CBN Retains MPR At 11.5%, Holds Other Parameters Constant

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 11.5%, while keeping all other monetary parameters constant. The CBN Governor, Godwin Emefiele, disclosed this in a statement at the end of the 282nd

November 24, 2021

Business

Net Foreign Exchange Inflow Falls 31% To $21.8bn – CBN

Net foreign exchange inflow into the economy declined by 31 per cent, year-on-year, to $21.81 billion in the seven months to July 2021, from $31.57 billion in the corresponding period of 2020. The decline was caused by a 30 per cent decline

November 22, 2021

Business

Emefiele Says Crypto Firms Practise High-Level Of Illegality

Godwin Emefiele, Governor of the Central Bank of Nigeria, has again expressed the apex bank’s disapproval for cryptocurrency transactions in Nigeria, saying the space and its operators are “embedded in illegality.” Emefiele made this known barely two weeks after the regulator directed

November 17, 2021

Agro-Economy

Rain-fed Wheat Programme Will Slash Importation By 60% -CBN

CENTRAL Bank of Nigeria has launched a strategy to cut wheat importation by 60% in Nigeria, improve production in the country in two years and save $2bn foreign exchange annually. The CBN Governor, Godwin Emefiele, said “following the successes recorded in the

November 10, 2021

Finance & Economy

100 for 100 Policy: CBN Fixes N5bn Maximum Loan Limit

The Central Bank of Nigeria (CBN) has fixed N5bn maximum loan limit on its newly introduced initiative, known as ‘The 100 for 100 PPP – Policy on Production and Productivity’. The CBN made this known in its guidelines for the implementation of

November 8, 2021

eNaira: Secure, Dependable In Spite Of Challenges – CBN

Central Bank of Nigeria, CBN, has said that though the eNaira may currently have some challenges, it remains secure and dependable. Director of Corporate Communications, Osita Nwanisobi, made this known while speaking at the ongoing CBN fair in Abakaliki, Ebonyi State. He

October 30, 2021

Currency·Finance & Economy·News·Top Stories

eNaira Wallet Removed From Google Playstore Two Days After Its Launch

TWO days after Nigerian Government launched the Central Bank digital currency, eNaira, the wallet app has suddenly been removed from Google Playstore.

October 28, 2021

Finance & Economy·News·Top Stories

CBN Unrolls New Financial Instrument To Support 100 Private Firms

AS part of efforts to boost industrialization and add value to Nigeria’s foreign exchange, Central Bank of Nigeria (CBN) has announced a plan to roll out a new financial instrument it called ‘The 100 for 100 PPP’ Policy aimed at encouraging local

October 25, 2021

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CBN latest news - Page 41

CBN Plans To Set Up Finance Centre At Eko Atlantic City In 2022

CBN Awards N5m Loans To Graduates Under New Scheme

CBN Retains MPR At 11.5%, Holds Other Parameters Constant

Net Foreign Exchange Inflow Falls 31% To $21.8bn – CBN

Emefiele Says Crypto Firms Practise High-Level Of Illegality

Rain-fed Wheat Programme Will Slash Importation By 60% -CBN

100 for 100 Policy: CBN Fixes N5bn Maximum Loan Limit

eNaira: Secure, Dependable In Spite Of Challenges – CBN

eNaira Wallet Removed From Google Playstore Two Days After Its Launch

CBN Unrolls New Financial Instrument To Support 100 Private Firms

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