Nigeria’s manufacturing PMI rose to 50.2 points in November from 49.4 points recorded in October and 46.9 in September 2020. PMI is a survey that is conducted by the Statistics Department of the Central Bank of...
The Central Bank of Nigeria (CBN) yesterday released the guidelines for the operation of the Private Sector-led Accelerated Agriculture Development Scheme (P-AADS) to facilitate increased private sector participation, The scheme is designed to complement the Accelerated...
The Central Bank of Nigeria (CBN) has opposed a suit seeking to remove the Ajami (Arabic) inscriptions on naira notes because, among other reasons, it would cost a ‘colossal sum of money’ to discard the...
The Central Bank of Nigeria (CBN) has said in its industry report released at the weekend, that daily patronage of the Standing Deposit Facility (SDF) by commercial and merchant banks has dropped to N48.32 billion. The...
Central Bank of Nigeria (CBN) has received the approval of a federal high court to temporarily block bank accounts operated by promoters of the #ENDSARS protest until January next year when the court could decide...
The Central Bank of Nigeria (CBN), says it has so far made a total of N3.5trillion disbursements to cushion the effect of COVID-19 pandemic on the country’s economy. This is contained in a review of the...
The half-year economic report of the Central Bank of Nigeria (CBN) shows that the industry may be vulnerable under the severe scenario of sustained economic contraction It says a stress test was conducted on 22 commercial...
The Central Bank of Nigeria (CBN) has asked all banks to update alert protocols in their Anti-Money Laundering/Combating the Financing of Terrorism monitoring tools, in line with the red flags and emerging trends arising from...
The Federal Government has opened the portal for Nigerians to apply for its N75 billion youth investment fund by the Central Bank of Nigeria (CBN). According to Sunday Dare, Minister of Youth and Sports Development, the...