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Food imports gulped $1.04bn in six months, Says CBN

    In spite of emphasis on agriculture by the federal government,the level of dependence on food imports by the public and private sector has continued to...

CBN directs bank to open teller points for sale of FX to customers

The Central Bank of Nigeria,CBN,has directed Deposit Money Banks,DMB, in the country to set up teller pints at designated branches across the country to fulfil...

CBN stops sales of forex to BDCs

….Accuses them of turning to money laundering agents Operators of Bureau de Change in Nigeria are in for a tough time as the Central Bank of Nigeria on Tuesday...

Nigeria: Ensure even distribution of grain, Lagos poultry farmers charge CBN

  The chairman of the Poultry Association of Nigeria (PAN) Lagos State chapter, Mr Godwin Egbebe, has called for even distribution of grain intervention to Poultry...

Emefiele promises better deal for SMEs

  ..Delivers UNILAG’s 51st convocation lecture The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has pledged the Bank’s readiness to...

Enugu: CBN, Roche Pharmaceutical partner on Reviving oil palm and cashew plantations

  Central Bank of Nigeria and Roche Pharmaceutical Company, Ireland in partnership with Enugu State government has taken steps to work together to revive dead...

No plan to nationalize Unity Bank-CBN

…Says report  fake news The Central Bank of Nigeria (CBN) has denied planning to nationalise Unity Bank Plc as alleged by an online news medium. Reacting to the...

CBN to up forex allocation to banks

    The Central Bank of Nigeria (CBN) has concluded plans to increase the amount of foreign exchange allocated to banks to meet the requests of customers. This...

Dangote fertilizer  plant ready

…CBN gov, CEOs of Firstbank, GTBank, Access Bank, UBA, Zenith Bank on final inspection tour Dangote Industries Limited has said that its three million metric...

CBN should pay N100m ransom or … Gumi

    An Islamic cleric, Sheik Ahmad Gumi, on Tuesday urged the federal government to pay the kidnappers N100 million ransom as demanded on students of...