By Blessing wika, Abuja The management of Ecobank has announced the appointment of Jubril Mobolaji Lawal as its Regional Executive and Managing Director designate of Ecobank Nigeria. The appointment was announced ahead of the upcoming retirement of the current Managing…
The nation’s external reserves fell by $610m last month, figures obtained from the Central Bank of Nigeria on Thursday revealed. The reserves dropped to N$41.22bn as of November 29 from $41.83bn on October 29. The CBN also disclosed that at…
The Central Bank of Nigeria (CBN), has assured that it has put in place effective mechanisms to insulate the e-Naira from hackers and fraudsters. The Director, Corporate Department, CBN, Mr Osita Nwanisobi, disclosed this on Wednesday at a Central Bank…
The Central Bank of Nigeria (CBN) has disclosed plans to establish the International Finance Centre at Eko Atlantic City before the end of the Second quarter of 2022. The Governor of Central Bank, Godwin Emefiele, who made this revelation said…
By Matthew Denis Abuja The Central Bank of Nigeria (CBN) has introduced e-form ‘NCX for Non-commercial Exporting activities in the Country. This is contained in a statement signed by the Director of Trade Exchange of CBN, Dr. S.O Nnaji and…
…Disburses N363.5bn to over 767,000 Nigerian households, micro businesses …Spends N107.7bn to support healthcare projects across Nigeria By Abimbola Abatta and Uthman Salami The Central Bank of Nigeria (CBN) has deployed over N3.5 trillion into critical sectors as part of…
The Central Bank of Nigeria (CBN) presented six pioneer beneficiaries of the Tertiary Institutions Entrepreneurship Scheme (TIES) with N5 million cheques to assist them grow their businesses, create jobs, and contribute to economic progress. Mr. Godwin Emefiele, Governor of the…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday voted to hold the Monetary Policy Rate (MPR) at 11.5 per cent for the umpteenth time. Reading a communiqué after the committee’s 282nd meeting on Tuesday,…
The Central Bank of Nigeria (CBN) has appealed to judges in the country to be more technology savvy to enhance justice delivery especially in the evolving financial services sector. Mr Godwin Emefiele, the CBN Governor, made the appeal in Abuja…
The Central Bank of Nigeria (CBN) says it is targeting 25,000 women and youths in Jigawa state who have no bank account to do so, in an ongoing five-day Digital Financial Inclusion drive. Mr Audu Amadu, the Head of Development…
