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CBN: We’ve disbursed N66bn for projects in manufacturing, agricultural sectors

    CBN: We’ve disbursed N66bn for projects in manufacturing, agricultural sectors

The Central Bank of Nigeria (CBN) says it released the sum of ₦66.99 billion for 12 projects in the manufacturing and agricultural sectors. Godwin Emefiele, the bank’s governor, said this

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CBN: eNaira app downloads nears 1m — but only 282,600 currently active

    CBN: eNaira app downloads nears 1m — but only 282,600 currently active

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the eNaira application has so far recorded a total of 905,588 downloads. The apex bank governor said this on

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CBN raises CRR to 32.5%, to debit banks’ accounts Thursday

    CBN raises CRR to 32.5%, to debit banks’ accounts Thursday

The Central Bank of Nigeria (CBN) has directed all commercial banks to fund their accounts by Thursday to allow for the mopping-up of liquidity. The development is coming after the monetary policy

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CBN raises interest rate to 15.5% to tame rising inflation

    CBN raises interest rate to 15.5% to tame rising inflation

The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 14 percent to 15.5 percent, the third consecutive increase

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Senate considers bill seeking to reduce powers of CBN governor

    Senate considers bill seeking to reduce powers of CBN governor

A bill seeking to whittle down the powers of the Central Bank of Nigeria (CBN) governor has passed second reading

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‘We’re expecting improvement in supply’ – DisCos say restoration of power grid has commenced

    ‘We’re expecting improvement in supply’ – DisCos say restoration of power grid has commenced

Electricity distribution companies (DisCos) say power supply has returned to some parts of the country. The national electricity grid had

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N’assembly to pass data protection bill within 30 days

    N’assembly to pass data protection bill within 30 days

The national assembly says it will pass the data protection bill into law within 30 days. This would be done

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Blackout as national grid collapses — eighth time in 2022

    Blackout as national grid collapses — eighth time in 2022

The national electricity grid suffered a fresh system collapse on Monday, plunging the country into darkness. Major electricity distribution companies

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EXCLUSIVE: Nigeria’s revenue dropped to N885bn in August — lowest in three months

    EXCLUSIVE: Nigeria’s revenue dropped to N885bn in August — lowest in three months

The federation’s revenue dropped by N371 billion to N885.5 billion in August 2022, the lowest in three months. In the

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CBN decides on interest rate, oil price watch… 7 top business news to track this week

    CBN decides on interest rate, oil price watch… 7 top business news to track this week

Here are the seven top business news you need to track this week — September 26 to September 30 CBN

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