CBN increases forex allocation to banks, assures constant liquidity

Central Bank of Nigeria has concluded plans to increase the amount of foreign exchange allocated to…

Dangote refinery, fertiliser plant will save Nigeria $3bn annually–CBN

Central Bank of Nigeria on Friday said the Dangote Petroleum Refinery as well as its Fertiliser…

Naira weakens at parallel market, after CBN devaluation

Nigerian naira weakened at the parallel market after the apex bank devalued the official exchange rate…

CBN disburses N97bn credit intervention for healthcare industry

Central Bank of Nigeria has disbursed N97.4billion out of the N100billion credit intervention for the healthcare…

CBN retains lending rate at 11.5 per cent

Monetary Policy Committee of the Central Bank of Nigeria, on Tuesday, retained the Monetary Policy Rate…

Malami, Emefiele meet Reps today over looted funds

Minister of Justice and Attorney General of the Federation, Abubakar Malami and the governor of Central…

Apex bank to cultivate 1m heaters of rice in 2021

The Central Bank of Nigeria said it has concluded plans to cultivate one million heaters of…

Ekiti to create 12,000 to 50,000 jobs through CBN-ABP rice farming —Fayemi

…to raise production from 34,700 to 1.5m metric tonnes annually SOJI AJIBOLA, Ibadan Ekiti State Governor,…

Naira weakens against dollar as official rate hits N419

Central Bank of Nigeria on Friday allowed the naira to weaken to a record low of…

Nigeria spends $1bn on debt services in three months

Central Bank of Nigeria has said that the Federal Government spent $1 billion on debt services…