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Tag "Central Bank of Nigeria (CBN)"

CBN extends interest rate cut on intervention facilities by 12 months

    CBN extends interest rate cut on intervention facilities by 12 months

The Central Bank of Nigeria (CBN) has announced an extension period for its reduced interest rates on intervention facilities to businesses by 12 months. The apex bank, in a statement

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Olam, Premier Flour benefit as CBN releases 50,000mt of maize

    Olam, Premier Flour benefit as CBN releases 50,000mt of maize

The Central Bank of Nigeria (CBN), through its anchor borrowers’ programme (ABP), has released 50,000 metric tonnes of maize to major players in the poultry value chain across the country.

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Emefiele: 2.9m farmers have benefitted from anchor borrowers’ programme

    Emefiele: 2.9m farmers have benefitted from anchor borrowers’ programme

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says 2.9 million farmers have cultivated 3.6 million hectares across 21 commodities under the bank’s anchor borrowers’ programme (ABP). He

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Nigeria’s N1trn infrastructure company to commence operations later in 2021, says Emefiele

    Nigeria’s N1trn infrastructure company to commence operations later in 2021, says Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the Infrastructure Corporation of Nigeria (Infra-Co) will commence operations by second-half of 2021. He said this on Friday at

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CBN: We’ll continue to support non-oil exports with N500bn facility

  CBN: We’ll continue to support non-oil exports with N500bn facility

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the apex bank will continue to aggressively implement its

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‘SEC, CBN should provide regulation’ — Osinbajo backs cryptocurrency

  ‘SEC, CBN should provide regulation’ — Osinbajo backs cryptocurrency

Vice President Yemi Osinbajo says there is a need for the Central Bank of Nigeria (CBN) and the Securities and

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ICPC raises concern over use of cryptocurrency for ransom payments

  ICPC raises concern over use of cryptocurrency for ransom payments

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has expressed concern over the possible adoption of cryptocurrency for

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Crypto ban: It’s in the best interest of every Nigerian, says Emefiele

  Crypto ban: It’s in the best interest of every Nigerian, says Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the apex bank’s directive to financial institutions on cryptocurrency

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Bitcoin, Ethereum, Tether…10 most valuable cryptocurrencies in the world

  Bitcoin, Ethereum, Tether…10 most valuable cryptocurrencies in the world

Imagine having money stored securely in a digital format. Money that cannot be torn, mutilated, or physically damaged. That’s a

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IMF backs CBN, says cryptocurrencies may be used for illegal activities

  IMF backs CBN, says cryptocurrencies may be used for illegal activities

The International Monetary Fund (IMF) has warned against cryptocurrency transactions, saying some of the virtual currencies are used for money

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