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CBN latest news - Page 44

BUA Sugar

Only Dangote, BUA, Golden Can Import Sugar – CBN

The Central Bank of Nigeria (CBN) has said that only Bua Sugar refining Limited, Dangote Sugar Refining Plc; and Golden Sugar Company, can import sugar into the country, with officially sourced foreign exchange, directly. A Central bank of Nigeria (CBN) circular to
July 18, 2021
CBN Governor Mr. Godwin Emefiele

Bandit attack: CBN ask farmers to offset ABP loans

Amidst concerns of farmers abandoning their farms following persistent attacks by Fulani herdsmen and bandits, the Central Bank of Nigeria (CBN) yesterday asked recipients of its agriculture scheme, the Anchor Borrowers’ Programme (ABP), to offset their loans. There has been the persistent
June 25, 2021
How Strong Competitive Market Will Stabilise Fuel Price In Nigeria

IMF frowns at return of fuel subsidies in Nigeria

The International Monetary Fund (IMF) has informed the federal government that the reintroduction of fuel subsidies was concerning. IMF expressed this view at a virtual meeting with representatives of the Nigerian government. In a press statement made available to the media after
June 18, 2021
PDP Governors

PDP governors lament Buhari’s excessive borrowing

The Peoples Democratic Party (PDP) Governors Forum has expressed concern over the current debt profile of the country incurred by the Muhammadu Buhari-led All Progressives Congress (APC) federal government. Put at N36 trillion, the governors lamented that the APC was gradually plunging
June 15, 2021
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