Arms deals: Reps Commitee summons COAS, CBN
The House of Representatives ad hoc Committee on Arms and Ammunition, has summoned the Chief of Army Staff (COAS), Lt.-Gen. Attahiru Ibrahim to appear before
Tag : CBN
Only 47 money transfer operators are licensed – CBN
The Central Bank of Nigeria has released the list of 47 International Money Transfer Operators that are licensed to operate in the country. It disclosed
CBN and the pursuit of inclusive growth
COVID-19 induced recession aided by international spot oil prices dip in 2020 have left the Central Bank of Nigeria (CBN) and its leadership with no
Manufacturing firms borrowed N570bn from banks in 2020 – CBN
Manufacturing firms borrowed a total of N570bn from Nigerian banks last year amid the economic fallout of the COVID-19 pandemic. Banks’ credit to the manufacturing
CBN, SEC anchor cryptocurrency ban on financial system protection
The Central Bank Governor, Mr Godwin Emefiele, on Tuesday said the bank’s decision to prohibit deposit money banks, non-banking institutions and other financial institutions from
Cryptocurrency ban: SEC, CBN to provide level field for investments
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have agreed to collaborate and conduct research with a view to finding
CBN, AFC, NSIA to fund N1tn infrastructure firm — FG
The President, Major General Muhammadu Buhari (retd.), has approved the establishment of a company, Infra-Co, saddled with the responsibility of tackling the nation’s infrastructure deficit.
Fiscal deficit rose to N620.49bn in November – CBN
The Federal Governments’ fiscal deficit rose by N208.14bn to N620.49bn as of the end of November from N421.35bn at the end of October. The Central
Cryptocurrencies unregulated, prone to financial crimes – CBN
Following reactions trailing a recent Central Bank of Nigeria (CBN) directive to Deposit Money Banks (DMBs) to desist from cryptocurrencies transactions, the apex bank has
2.85 million farmers benefitted from anchor borrowers programme – CBN
About 2.85 million farmers benefitted from the Anchor Borrowers Programme from the inception of the scheme to the end of 2020. According to figures obtained
