News - Central Bank of Nigeria

Emefiele Gets DAAR Communications Plc Outstanding Leadership Award

1 week ago /
Nation 

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has gotten the  DAAR Communications PLC Outstanding Leadership Award. Speaking during a visit by the management of DAAR Communications PLC to intimate him of preparations for the presentation of the outstanding leadership award for the Anchor Borrowers Programme (ABP) at the...

Buhari Nominates Edward Adamu As CBN Deputy Governor

2 weeks ago /
Nation 

President Muhammadu Buhari has nominated Edward Lametek Adamu to the senate for confirmation as deputy governor of CBN.

 

Senate Warns Nigerians On Use Of Bitcoins

2 weeks ago /
Nation 

Federal lawmakers on Tuesday called for more investigation on cryptocurrencies to protect Nigerians from the unverified and risky investment. Beaming its searchlight on the cryptocurrency phenomenon the lawmakers said it is important that the Federal Government pay attention to the proliferation of cryptocurrency schemes in the country. “Educating Nigerians on the dangers...

NGO Commends UK For Return Of Malabu Funds

2 weeks ago /
Business and Economy  

The Africa network for environment & Economic Justice, ANEEJ, has commended United Kingdom for the return of $73million which translates to about N21.1 billion of the Malabu funds to Nigeria by the UK.

Senate To Investigate NNPC Over Joint Ventures

3 weeks ago /
Nation 

The Nigerian Senate on Wednesday directed its committees on public investigation into allegations of corruption involving NNPC and brass LNG.

NNPC, Keystone Bank In $141 Million LNG Scandal

3 weeks ago /
Nation 

Senate has concluded plans to investigate State owned oil company Nigeria National Petroleum Corporation (NNPC)over how Brass LNG account worth $141 million allegedly ended in a private wallet domiciled with Keystone Bank.

Oil Propels Nigerian Shares To 9-Year Peak

1 month ago /
Business and Economy  

After shying away from Nigeria following the 2014 oil crash, investors started taking interest in the country again last year when the central bank introduced a special trading window for foreign portfolio investors. The banking and pension sectors were the top-performing indexes of 2017, according to the Nigerian Stock Exchange...

FG Assure Nigerians That Smuggling Of Frozen Chicken Will Soon Be Eradicated

1 month ago /
Nation 

The Federal Government has assured Nigerians that the problem of frozen chicken smuggling across borders facing poultry farmers in the country will soon be eradicated. The Minister of Agriculture and Rural Development, Audu Ogbeh gave the assurance at the Flag- off of the National Egg Production Scheme In Aaye, Ifedore Local...

Cross River Agriculture: Ayade Rice Sells Over N500 Million At Unveiling

1 month ago /
Nation 

No fewer than fifty thousand bags of locally produced rice tagged “Ayade Rice” were sold on the day of unveiling in Calabar, the Cross River State Capital. The sales valued at over five hundred million naira was the outcome of the agricultural backward integration program known as “go back to farm”...

DAAR AWARDS 2017: List Of Awardees

1 month ago /
Entertainment 

The management of DAAR Communications PLC has released a list of 15 award recipients for the 2nd edition of the DAAR Awards. Check out the list below: OUTSTANDING GOVERNORS OF THE YEAR COUNTRYMAN SERIAKE DICKSON The Executive Governor of Bayelsa State for his Outstanding Leadership and Good Governance in ACCOUNTABILITY SENATOR MOHAMMED UMAR...

House Of Reps To Investigate CBN Over Unremitted Trillions Of Naira

1 month ago /
Nation 

Nigeria’s House of Representatives is to investigate trillions of naira allegedly not remitted into the central bank of Nigeria. The lawmakers at Wednesday’s plenary accused CBN of taking advantage of being a banker of the government to divert and spend funds meant for the three tiers of government. The central bank of...

FMBN Accuses Banks, Insurance Coys Of Frustrating Housing Fund

2 months ago /
Nation 

The Managing Director of Federal Mortgage Bank of Nigeria, Ahmed Dangiwa says banks and insurance companies in the country are showing utter disregard to the laws backing the establishment of the national housing fund. Dangiwa told lawmakers at a public hearing organised by the House of Representatives committee on housing that...

CBN Expands Anchor Borrowers’ Programme, Releases N45bn

3 months ago /
Business and Economy  

The Central Bank of Nigeria says it has formed strategic partnerships with Agricultural Commodity Associations in the country in its effort to expand the implementation of the Anchor Borrowers’ Programme. The Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okorafor, said in a statement that the decision to enter into strategic...

What President Buhari Said During Presentation of 2018 Budget Proposal (Full Speech)

3 months ago /
Nation 

Nigeria's President, Muhammadu Buhari, on Tuesday presented a proposal for a budget of N8.612 trillion for the year 2018. At the presentation of the budget before a joint session of the National Assembly, President Buhari addressed the lawmakers on the key achievements and plans of his administration as well as the...

Abia Gov. Ikpeazu Promotes Agriculture

3 months ago /
Nation 

The Abia State Governor Okezie Ikpeazu has described agriculture as a viable tool that can end the unemployment challenge of the country.  The governor stated this when the development financial director, of the central bank of Nigeria (CBN) represented by the deputy director, Ambusa Umar led a delegation to government house,...

Buhari Visits Niamey On Tuesday

3 months ago /
Nation 

President Muhammadu Buhari will Tuesday depart for Niamey, republic of Niger, to participate in a meeting on common currency for the west African sub-region.   member countries of the ECOWAS task force on common currency are ‎Nigeria, cote d'ivoire, Ghana and Niger.   The minister of finance, Kemi Adeosun and the central bank of Nigeria governor,...

Senate-Customs Probe Rakes In N140bn

4 months ago /
Nation 

The Senate committee on customs has said its probe of the activities and revenue drive of Nigeria customs service raked in one hundred and forty billion naira into government coffers. Committee chairman, Hope Uzodinma disclosed this when he presented the interim report to the senate on Wednesday. The committee also indicted the...

Nigeria Agriculture: Ministry Wants Laws To Export Yams, Goat Carcasses

4 months ago /
Business and Economy  

…Blames poor budget implementation on Procurement Act.

Buhari Seeks Confirmation Of Deputy CBN Governor

4 months ago /
Nation 

Nigeria's President, Muhammadu Buhari, has written to the Senate seeking the confirmation of the nominee of the Central Bank of Nigeria (CBN), Deputy Governor, Aisha Ahmad. President Buhari on October 5, 2017 appointed Mrs Aishah Ahmad as the Deputy Governor of the Central Bank of Nigeria, subject to Senate Confirmation. This was...

Tinubu Outlines Agenda To Rebuild Nigeria

4 months ago /
Nation 

National Leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, has proposed a seven-point agenda, which he said, would revive the country’s troubled economy and drastically reduce her dependence on petro-dollars. Tinubu explained that the development of a national infrastructure plan; the return of commodity exchange boards and the...


‹ Prev 1 2 3 4 5 ... 15 Next ›