Tag : Central Bank of Nigeria (CBN)
CBN recovers N3.7tn intervention fund
The Central Bank of Nigeria has recovered N3.7 trillion out of the N9.3 trillion it lent to different sectors of the economy. The Director, Development...
Foreign Airlines: Stakeholders advocate urgent repatriation of trapped funds
Some foreign airlines in Nigeria The inability of foreign airlines operating in Nigeria to repatriate money accruing from ticket sales to their countries has generated...
Fuel subsidy: Emefiele, Nami fail to appear before Reps
Fuel queue observed during scarcity in the FCT in early 2022. The Governor of the Central Bank of Nigeria (CBN) and the chairman of the...
FG borrows over N2trn from CBN within six months
The Central Bank of Nigeria through its Ways and Means Advances has loaned the Federal Government about N19.91trn as at June this year. As of...
CBN commissions poultry project at Uni Ilorin
The Broilers The Central Bank of Nigeria, CBN says it has invented the Tertiary Institutions Poultry Revival Scheme conceptualised specifically for Institutions to design and...
Reps urge CBN to address delay in electronic funds
The House of Representatives has urged the Central Bank of Nigeria to address delays arising from instant (Inter-Bank) Electronic Funds Transfer Services in Nigeria with...
Nigeria’s FDI rises to over $223m in 5 months
Nigeria attracted a sum of $223.3 million as foreign direct investments (FDI) in the first five months of 2022 (January—May), representing a 3.7% increase compared...
21 maize pyramids unveiled in Kaduna
Central Bank of Nigeria (CBN) in collaboration with the Maize Farmers Association of Nigeria have unveiled 21 Maize pyramids in Kaduna as part of federal...