The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday reiterated the bank’s commitment to ensuring steady availability of foreign exchange for manufacturers. Speaking alongside the Minister of Industry, Trade and Investment, Mr....
The Central Bank of Nigeria (CBN) says a total of N44 billion has been disbursed to 200,000 cotton farmers since 2019 towards revamping the industry. The Bank announced this during a meeting with stakeholders in the...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said over N25 billion was disbursed to households across Nigeria to cushion the effects of the COVID-19 pandemic from last year. He stated this...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) said it again voted to retain the monetary policy rate at 11.5 percent. Central Bank of Nigeria Governor Godwin Emefiele announced the retention during a...
The Central Bank of Nigeria (CBN) says it has disbursed N83.9 billion loans to pharmaceutical companies and healthcare practitioners supporting 26 pharmaceutical and 56 medical projects across the country. CBN Governor, Godwin Emefiele, broke the news...
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says Nigeria will attain self-sufficiency in maize production by next year. He spoke during the unveiling of the first maize pyramid and flag off of the...
The reinstated Managing Director and CEO of First Bank of Nigeria Limited, Dr. Adesola Adeduntan, has resumed work in line with the directives of the Central Bank of Nigeria (CBN). In a statement yesterday by the...
The Central Bank of Nigeria (CBN) has explained that there is no crime in borrowing for development. The CBN Governor Godwin Emefiele, said this on Friday in Abuja at the National Dialogue on the Nigeria’s rising...
Nigeria recorded a $404 million increase in foreign reserves between March 11 and April 1 to $34.85 billion. The increase has been attributed to CBN’s ‘Naira for Dollar’ policy which has seen dollar inflows pass through...
Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has called for increased investment in the agricultural value chain championed by the bank to galvanize production to meet the requirements of Nigeria’s growing population. He...