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central bank of nigeria (cbn) news

  1. Nigeria Business News

    Business 5 things Buhari’s new Finance Minister must do within 100 days – Nairametrics

    Nigeria’s President Muhammadu Buhari will likely assign portfolios to ministers this week. Among the most anticipated appointments will be the office of the Minister of Finance. ... Read more via Nairametrics – https://ift.tt/30eswBS Get more: Nigeria Business News
  2. Nigeria Business News

    Business Stakeholders seek clarification of forex ban for food import – Naijabizcom

    Industry stakeholders have called for further clarification on the recent pronouncement by President Muhammadu Buhari that Nigeria has attained food security, and as such, the Central Bank of Nigeria (CBN), should not.... Read more via Naijabizcom – https://ift.tt/2z3lxjj Get more: Nigeria...
  3. Nigeria Metro News

    Metro Apply same measure to Dangote – Ali Baba reacts to Buhari’s order to CBN on forex, food importation – Daily Post Nigeria

    Popular Comedian, Alibaba has reacted to President Muhammadu Buhari’s warning to the Central Bank of Nigeria, CBN, to stop providing foreign exchange for importation of food into the country.... Read more via Daily Post Nigeria – https://ift.tt/2Z3u3NX Get More Nigeria Metro News
  4. Nigeria Political News

    Politics No forex for food importation, Buhari directs CBN – Premium Times Nigeria

    President Muhammadu Buhari has directed the Central Bank of Nigeria not to provide foreign exchange for the importation of food, saying his administration has achieved food security.... Read more via Premium Times Nigeria – https://ift.tt/2yXGKew Get More Nigeria Political News
  5. Nigeria Political News

    Politics President Buhari Issues Stern Warning To CBN, Meets APC Governors – Nairaland

    President Muhammadu Buhari, Tuesday, in Daura, Katsina State, has disclosed that he has warned the Central Bank of Nigeria (CBN) to stop providing foreign exchange for importation of food into the.... Read more via Nairaland – https://ift.tt/2OSdXmh Get More Nigeria Political News
  6. Nigeria Business News

    Business CBN warns banks against enforcing insurance cover on borrowers – Nairametrics

    In a bid to ensure that financial institutions comply with its specific requirements for loan disbursement, the Central Bank of Nigeria (CBN) has warned banks not to enforce insurance on borrowers.... Read more via Nairametrics – https://ift.tt/2ySYs2H Get more: Nigeria Business News
  7. Nigeria Business News

    Business CBN predicts Nigeria’s inflation to remain double digit – Nairametrics

    Though inflation dropped by 0.18 points in June 2019, the Central Bank of Nigeria (CBN) has revealed that Nigeria’s economy will continue to witness double-digit inflation throughout 2019..... Read more via Nairametrics – https://ift.tt/2Ydh47T Get more: Nigeria Business News
  8. Nigeria Business News

    Business CBN maintains rates, keeps MPR constant at 13.5% – Nairametrics

    The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has maintained a hold in Monetary Policy Rate (MPR) at 13.50%. Also, other parameters such as CRR, Liquidity ratio, and asymmetric corridor were equally held constant.... Read more via Nairametrics –...
  9. Nigeria Political News

    Politics Breakdown Of Corruption Charge Faced By Senator Goje – Nairaland

    The senator representing Gombe Central Senatorial District, Danjuma Goje, has said at no time did he faced corruption charge totaling N25 billion. Mr Goje, a former governor of Gombe State, disclosed this in a statement..... Read more via Nairaland – https://ift.tt/2Y1DiJY Get More Nigeria...
  10. Nigeria Metro News

    Metro Eight persons arrested over sale of naira notes, N2.4m recovered – Vanguard News

    Eight persons were arrested weekend, over illegal sales of the naira notes, in Ikeja area of Lagos, with the recovery of N2.4 million ‘mint’. Naira The suspects, four men and four women as gathered.... Read more via Vanguard News – https://ift.tt/2Sou9dn Get More Nigeria Metro News
  11. Nigeria Business News

    Business Ogun Earmarks 40,000 Hectares of Land for Farmers – Thisdaylive Newspaper

    The Ogun State Government yesterday disclosed that said 40,000 hectares of land would be made available to enable farmers engage all season farming in its bid to make the state the food basket of the nation and ensure food security.... Read more via Thisdaylive Newspaper –...
  12. Nigeria Business News

    Business Despite NNPC’s denial, a new fuel price regime appears imminent – Nairametrics

    The Nigerian National Petroleum Corporation (NNPC) may have dismissed reports suggesting that a new Petrol (Premium Motor Spirit) pump price is on the way, but recent developments indicate that a new price regime appears imminent. The NNPC Group General Manager, Group Public Affairs Division...
  13. Nigeria Business News

    Business CBN’s decision to force bank lending is crushing banking stocks – Nairametrics

    First, it was N116.2 billion and then shivers as investors wondered what just ensued. By the close of business on Tuesday the losses had parred to N76.5 billion..... Read more via Nairametrics – https://ift.tt/2Lbv8wv Get more: Nigeria Business News
  14. Nigeria Business News

    Business Nigeria’s central bank orders banks to lend or face sanctions – Africanews

    Nigeria’s central bank will try to force banks to lend more or face higher cash reserve requirements, part of a series of measures aimed at reviving an economy stuck with low growth... Read more via Africanews – https://ift.tt/2YCR32D Get more: Nigeria Business News
  15. Nigeria Business News

    Business Nigeria Customs Service impounds textile materials worth over N11 billion – Nairametrics

    The Nigeria Customs Service (NCS) has disclosed that it impounded 140 bundles of smuggled textile materials worth N11.2 billion in Lagos. The customs said that the officers attached to... Read more via Nairametrics – https://ift.tt/2YDL4e4 Get more: Nigeria Business News
  16. Nigeria Business News

    Business CBN Directive Unlocks N1.5tn for Real Sector Lending – Thisdaylive

    In line with the commitment of the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, to ramp up activities in the Nigerian economy in his second term, the apex bank has taken fresh steps to channel more funds to … Read more via Thisdaylive – https://ift.tt/2xyzSU0 Get more...
  17. Nigeria Business News

    Business Insurance Stakeholders Back Recapitalisation Exercise – Leadership Newspaper

    Insurance stakeholders, comprising the Chartered Insurance Institute of Nigeria (CIIN), the Nigerian Council of Registered Insurance Brokers (NCRIB) and the Institute of Loss Adjusters of Nigeria (ILAN) have backed the insurance industry regulatory body over the.... Read more via Leadership...
  18. Nigeria Business News

    Business Mortgage firms jittery over plan to increase banks’ capital base – The Guardian Nigeria News

    Like a heavy cloud, a deep sense of disquiet now hangs over the mortgage sector, following new proposal by the Central Bank of Nigeria (CBN) to increase the capital base of banks..... Read more via The Guardian Nigeria News – https://ift.tt/2RLpwJQ Get more: Nigeria Business News
  19. Nigeria Business News

    Business Emefiele To Unveil 5-Yr Plan As CBN Plans Movie, Music Academies – Leadership Newspaper

    As the governor of the Central Bank of Nigeria (CBN) is set to unveil his five – year plan today, the director, Corporate Communications of the apex bank has said it would be centered on growth and job creation, as he revealed plans to build music… Read more via Leadership Newspaper –...
  20. Nigeria Business News

    Business Letter To Emefiele Over Health Of Nigerian Banks – Leadership Newspaper

    I congratulate you on your re-appointment as Governor of the Central Bank of Nigeria (CBN) for a second term. This appointment, I believe, is divinely orchestrated to ensure consistency in economic policies and.... Read more via Leadership Newspaper – http://bit.ly/31UXFMb Get more: Nigeria...