Central Bank of Nigeria

The Cowpea (Beans) Farmers, Processors and Marketers Association of Nigeria, has urged the Federal Government to extend ban of foreign exchange to none food items to ensure realisation of its diversification policy. The President of the…

A Lagos-based lawyer, Mr Olukoya Ogungbeje, has accused the Central Bank of Nigeria of frustrating the execution of the N200m judgment, which his client, Ibrahim Kabiru, secured against the Nigeria Police Force. Kabiru had sued the…

The Central Bank of Nigeria (CBN) is, today (Wednesday) billed to auction N34 billion worth of Treasury bills, 14, roll over existing Federal Government T-bill maturities. Analysts at Zedcrest Capital Limited said upon resumption from…

Going by the new AMCON Bill signed into law by President Muhammadu Buhari, one of the four deputy governors of the Central Bank of Nigeria (CBN) will soon be named to chair the Asset Management Corporation of Nigeria (AMCON) Board. The…

July 2019 inflation rate is expected to drop to 11.01 per cent from 11.22 per cent recorded in June 2019, according to FSDH Research. The expected fall in inflation will come from an expected boom during the harvest season this year. The…

President Muhammadu Buhari says the directive to the Central Bank of Nigeria to stop providing foreign exchange for food importation was to improve agricultural production and attain full food security. Malam Garba Shehu, the President’s…

The Central Bank of Nigeria (CBN) has ordered lending institutions under its regulation to obtain the credit history of customers before giving out loans to them. The apex bank disclosed this order in its consumer protection guidelines…

Nigeria’s Manufacturing Purchasing Managers’ Index (PMI) for July stood at 57.6 index points, the Central Bank of Nigeria (CBN) said. According to the apex bank in its July PMI, the expansion in the manufacturing sector is for the 28…

The Nigeria Employers’ Consultative Association (NECA) has urged the Central Bank of Nigeria (CBN) to review and suspend the planned restriction of foreign exchange (Forex) for milk importation into the country. According to NECA, going…

Vice President Yemi Osinbajo has again reassured that Nigeria’s future is bright going by the progress being made by the Micro, Small and Medium Enterprises (MSMEs). He spoke, on Thursday night, during the 2nd National MSME Awards 2019…