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Tag "central bank of nigeria"

CBN lifts suspension on cheque clearing

    CBN lifts suspension on cheque clearing

The Central Bank of Nigeria (CBN) has directed deposit money banks to attend to customers who wish to clear cheques. In a statement by Sam Okojere, director of the CBN

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Fire breaks out at CBN office in Jos

    Fire breaks out at CBN office in Jos

There was a fire outbreak at the Jos branch of the Central Bank of Nigeria (CBN) on Tuesday. Isaac Okorafor, the apex bank’s spokesman, said the fire was put under

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Turning the COVID-19 tragedy into an opportunity for a new Nigeria

    Turning the COVID-19 tragedy into an opportunity for a new Nigeria

As many people are now aware, the outbreak of the Novel Coronavirus Disease (COVID-19) in China has rapidly permeated and profoundly changed the world. While this crisis is first and

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CBN targets healthcare, manufacturing in three-year economic stimulus plan

    CBN targets healthcare, manufacturing in three-year economic stimulus plan

The Central Bank of Nigeria has unveiled a three-year COVID-19 economic stimulus plan to guide the economy on the path of recovery. In a 27-paged document seen by TheCable on

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CBN suspends cheque clearing indefinitely

  CBN suspends cheque clearing indefinitely

The Central Bank of Nigeria (CBN) has directed that cheque clearing should be suspended. According to a notice signed by

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GSK, Fidson named among companies to get funding from bankers committee

  GSK, Fidson named among companies to get funding from bankers committee

The Central Bank of Nigeria (CBN) and bankers committee have identified local pharmaceutical companies that would be granted funding facilities

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IT’S OFFICIAL: Naira to now trade at N380/$

  IT’S OFFICIAL: Naira to now trade at N380/$

The Central Bank of Nigeria (CBN) has directed that bureaux de change operators in the country must not sell dollars

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EXCLUSIVE: CBN unifies FX rates as FAAC shares allocation at N360/$

  EXCLUSIVE: CBN unifies FX rates as FAAC shares allocation at N360/$

Allocations to the three tiers of government in naira will increase as the federation account allocation committee (FAAC) has adopted

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Devaluation? Naira trades at N380/$ on I&E window

  Devaluation? Naira trades at N380/$ on I&E window

The naira traded at N380 to the dollar on Friday at the Investors and Exporters window. This comes after the

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CBN asks banks to restructure loan terms, cuts special interest rate to 5%

  CBN asks banks to restructure loan terms, cuts special interest rate to 5%

The Central Bank of Nigeria (CBN) has directed all deposit money banks in the country to restructure loan terms and

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