Tag: CBN
Payment System: CBN okays new license categorizations
By Francis Ogwo
The Central Bank of Nigeria (CBN) has given approval for a new license categorization system for the Nigerian Payment System.
This was contained...
NSE: 95 companies rake in N1.6trn despite economic lows
By Francis Ogwo
Despite the hardship on Nigeria's economy as a result of the coronavirus outbreak and containment, about 95 leading companies in the Nigerian...
‘Nigeria must produce for economy to grow’ — Emefiele
By Francis Ogwo
Production of vital consumables and services has been tipped as one sure gateway out of Nigeria's current economic downturn.
This was the view...
‘We are targeting $2b monthly under the diaspora remittances’ – CBN
By Francis Ogwo
About $2billion monthly is being targeted by the Central Bank of Nigeria (CBN) from diaspora remittances in the wake of the introduction...
CBN devalues Naira again, sells USD at N393 at BDC window
By Francis Ogwo
The volatility of the Naira has once again been stirred as the The Central Bank of Nigeria (CBN) has reportedly devalued the...
Terrorism: CBN urges court not to unfreeze #EndSARS campaigners’ accounts
By Aiyekun Timothy
The Central Bank of Nigeria has prayed Justice Ahmed Mohammed of a Federal High Court in Abuja not to unfreeze the accounts...
Facing Naira meltdown, CBN relaxes draconian restrictions on domiciliary forex accounts
By Francis Ogwo
The Central Bank of Nigeria (CBN) has announced that beneficiaries of diaspora remittances through the International Monetary Transfer Operators (IMTO) can henceforth...
‘Nigeria’s economy to exit recession in first quarter of 2021’ –...
By Francis Ogwo
The Central Bank of Nigeria (CBN) has predicted an end to Nigeria’s current recession in the first quarter of 2021 with a...
Gowon denies looting ‘half of CBN’ as military ruler
Former Head of State, Yakubu Gowon has, on Thursday, dismissed the accusation that he carted away half of the money in the Central Bank...
‘Cut down on service costs’, CBN tells banks
By Francis Ogwo
The Central Bank of Nigeria (CBN) has called on banks and other financial institutions to cut down on the cost of providing...
Sustainable Agriculture as a Pillar of Climate Adaptation in Africa –...
Evelyn Dan Epelle, San Jose, California
ADIS24 - Africa stands at the forefront of climate change impacts, despite its low contribution to greenhouse gas emissions....
