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Tag "CBN"

Post-Recession: CBN Confirms Nigerians Are Broke

Post-Recession: CBN Confirms Nigerians Are Broke

🕔07:03, 15.Sep 2017

This is due to a variety of reasons, the CBN said

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Post-Recession: Emefiele Makes Surprising Statement On Nigeria’s Economy

Post-Recession: Emefiele Makes Surprising Statement On Nigeria’s Economy

🕔07:16, 14.Sep 2017

The Governor of the Central Bank of Nigeria(CBN) Godwin Emefiele has spoken on the economy of the country following its exit from recession. According to the CBN boss, the economy will get better in the coming days and years despite

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Why We Cannot Fully Implement 2017 Budget–FG Explains

Why We Cannot Fully Implement 2017 Budget–FG Explains

🕔06:16, 13.Sep 2017

The Federal Government on Tuesday confessed that it has not been able to fully implement the 2017 budget. Explaining why,the FG stated that there has been a low revenue generation by its Ministries, Departments and Agencies which has not met

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Capital Importation: CBN Goes Electronic

Capital Importation: CBN Goes Electronic

🕔22:31, 11.Sep 2017

The eCCI shall replace the hard copy CCI that is typically issued with respect to capital inflows, cash and machinery inclusive

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No Plans To Stop Forex Intervention–FG

No Plans To Stop Forex Intervention–FG

🕔22:25, 11.Sep 2017

The Central Bank had consistently injected funds into in the interbank foreign exchange market, which received a boost of $547million in the last round of intervention.

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Dollars On The Surplus As CBN Adds $250m Into The Economy

Dollars On The Surplus As CBN Adds $250m Into The Economy

🕔06:13, 6.Sep 2017

As a move to further strengthen the naira against the dollar, the Central Bank of Nigeria(CBN) has added about $250m into the economy to ensure the surplus of the green currency than that of the local currency. The apex bank

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Naira Gains Against Dollar

Naira Gains Against Dollar

🕔11:54, 17.Aug 2017

The latest report from the Central Bank of Nigeria shows that the naira has recorded a huge gain against the dollar after it appreciated below N360/dollar. The gain has therefore been attributed to the continued and persistent supply of dollars

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CBN Facilitates 9000 Farmers In Abuja

CBN Facilitates 9000 Farmers In Abuja

🕔07:25, 2.Aug 2017

The programme was targeted at smallholder farmers who were into crops

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Unsteady FG Says Economic Policies Still Subject To Change

Unsteady FG Says Economic Policies Still Subject To Change

🕔06:22, 24.Jul 2017

The Federal Government has hinted that the economic policies already adopted could still be changed pending how situations unfold until Nigeria attains the best economy that would be enjoyed. The Federal Government through the Governor of the Central Bank of

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CBN Boasts of Growth in the Banking Industry

CBN Boasts of Growth in the Banking Industry

🕔07:39, 18.Jul 2017

The Central Bank of Nigeria(CBN) has discolored a boost in the economy through the banking industry after it recorded a marginal growth of about 0.6 per cent. In the latest CBN economic report, the total asset and liabilities of commercial

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