Tag: CBN
CBN asks Banks to review loans to oil&gas, agric and other sectors
The Central Bank of Nigeria (CBN) has ordered commercial banks to review their loan exposure to oil and gas, agriculture, ...
CBN: Nigeria spends $2bn on wheat importation yearly
The Central Bank of Nigeria (CBN) has disclosed that the country spends $2 billion annually on the importation of wheat. ...
CBN loan to federal govt rose to N16.1 tn in August – Report
An investment banking and research company, Afrinvest West Africa Limited in its latest weekly report has observed that from the ...
‘Fuel susbidy is a scam’ – Former Emir of Kano, Sanusi reveals
Former Emir of Kano, Muhammadu Sanusi II has disclosed that payment of fuel subsidy by the federal government is a ...
BREAKING: CBN postpones eNaira launch
The Central Bank of Nigeria (CBN), on Thursday, announced the postponement of its Central Bank Digital Currency (CBDC), known as ...
eNaira: Firm drags CBN to court over trademark infringement
A company identified as ENaira Payment Solutions Limited has dragged the Central Bank of Nigeria to a fededal high court ...
CBN’s COVID interventions account for 3.5% of GDP, says Emefiele
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has revealed that the bank's interventions on the economy against ...
FG needs $100bn annually to address infrastructure deficit — Emefiele
Governor of the Central Bank of Nigeria, Godwin Emefiele, on Saturday, said that the Federal Government needed about US$100 billion ...
Resign over naira depreciation, PDP tells CBN governor
The Peoples Democratic Party (PDP) has called for resignation of governor of the Central Bank of Nigeria (CBN) over the ...
eNaira will boost cross-border trade, says CBN
The Central Bank of Nigeria (CBN) has elucidated the economic implications and importance of a centralised and regulated digital currency ...
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