The Central Bank of Nigeria has denied the sack of its Governor, Mr Godwin Emefiele, describing the report as an unfounded rumour. It was rumoured on Wednesday morning that Emefiele had been sacked by President Muhammadu...
Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, says agriculture remains the backbone of the Nigerian economy. He spoke at the weekend during an inspection tour of a palm plantation at Odighi Village in...
The monetary policy committee of the Central Bank of Nigeria, (CBN), has voted to retain the monetary policy rate (MPR), which measures interest rate at 11.5 percent, with the asymmetric corridor of +100 and -700...
Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has said that Nigeria needs extensive structural reforms this year to fast-track the country’s economic growth. He stated this in his personal comment at the last Monetary...
The Central Bank of Nigeria (CBN) has released the guidelines for the implementation of its 100 for 100 Policy on Production and Productivity policy. The guidelines signed by the CBN Director, Development Finance Department, Mr. Yila...
The President of the Dangote Group, Aliko Dangote, yesterday explained that while a third of the 20 per cent equity taken by the Nigerian National Petroleum Corporation (NNPC), worth $2.7 billion, would be paid in...
The Minister of Industry, Trade and Investment, Niyi Adebayo has assured investors that the federal government was committed to addressing the problem of insecurity in the country. Speaking during a visit by the Netherlands Ambassador to...
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...