The Central Bank of Nigeria on Thursday announced the postponement of the planned unveiling of the country’s digital currency, e-Naira. The Spokesman of the CBN, Mr Osita Nwanisobi, announced this in a statement on Thursday titled ‘CBN defers eNaira launch…
Partnership for Peace and Community Development, an NGO, has asked the Central Bank of Nigeria (CBN) to inject funds into solar energy development in the northern part of the country. Mr Muhammad Abbah-Sada, the Convener of the group, made the…
Kayode Tokede with NAN A Some Financial Experts have urged the Central Bank of Nigeria (CBN) to take cognizance of the impact its proposed digital currency (eNaira) might have on the country’s financial sector. The experts spoke in separate interviews…
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has pledged more support for youth empowerment, through sports and its other intervention programmes. Osita Nwanisobi, CBN spokesperson quoted Emefiele as making the pledge at the finals of the All Financial…
By Kayode Tokede The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele has disclosed that the country’s infrastructure has to improve by at least between 5 to 7 per cent for it to stimulate productivity and sustainable growth for…
By Matthew Denis, Abuja The President Muhammadu Buhari-led government in a bid to reduce the unemployment rate and to improve the standard of living has taken cognizance of the people at the base of the pyramid or grassroots through various…
By Asishana John The Nigerian Agricultural Insurance Corporation has said it is discussing with the Central Bank of Nigeria and other stakeholders on the need to get perfect data for farmers across the country. The Managing Director/Chief Executive Officer, NAIC,…
With the Central Bank of Nigeria (CBN) stoppage of foreign exchange sales to Bureaux De Change (BDCs), financial analysts have advised the apex bank to allow the BDCs receive diaspora remittances as is done in other economies of the world.…
By Kayode Tokede The Central Bank of Nigeria (CBN) governor, Mr. Godwin Emefiele said the apex bank supported disbursed N134.57 billion to 38,140 beneficiaries under the Agribusiness/Small and Medium Enterprise Investment Scheme (AGSMEIS). Speaking after the Monetary Policy Committee (MPC)…
By Kayode Tokede The Central Bank of Nigeria (CBN) has said Federal Government spent N1.03trillion on servicing debt in the first quarter (Q1) of 2021 compared with N779.73 billion in the corresponding period of 2020. The apex bank in its…
