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Turnover in Fixed Income, Currency Markets Decline by 8.8% Amid CBN Cut in FX Interventions

Turnover in the Fixed Income and Currencies, FIC, markets dropped by 8.8 per cent to N164.52trillion in first 10 months of 2021 from N180.49...

CBN Earmarks N41b through Heritage Bank for Dry Season Wheat Projects’ Farming

As part of measures to meet high demand amid poor production capacity of wheat, the Central Bank of Nigeria, CBN, has set aside N41billion. The...

Access Bank to hold court-ordered meeting ahead of holdco transition

Access Bank will convene a meeting of its shareholders by the order of the Lagos division of the Federal High Court, putting it on...

Nigeria must return to an employment led growth- Emefiele

Emefiele The Nigeria’s apex bank has deployed creative responses to the challenges faced by small businesses in assessing foreign exchange required for their operations such...

Heritage Bank, CBN adopt novel approach to boost wheat production capacity

  …To add 750, 000MTs via rain-fed cultivation, reduce annual import by 60%   In a bid to meet high demand amid poor production capacity of wheat,...

CBN Sensitizes Abia, Ebonyi Public on Benefits of eNaira

The Central Bank of Nigeria, CBN, has urged all Nigerians to embrace the nation’s recently introduced digital currency, saying that all its financial instruments...

CIBN investiture pix

Photo News L – R shows: Temi Popoola, Chief Executive Officer, Nigerian Exchange Limited; Kingsley Obiora, Deputy Governor, Central Bank of Nigeria, CBN, and Bola...

NDIC partners CBN to bring all Nigerians to the banking Network

The Nigeria Deposit Insurance Corporation, NDIC, has been collaborating with the Central Bank of Nigeria, CBN, to ensure that all Nigerians are brought into...

Buhari unveils digital currency, CBN promises accessibility by all

  Nigerian President Muhammadu Buhari on Monday unveiled the e-Naira at the Presidential Villa, Abuja. The President launched the country’s digital currency at the Presidential Villa,...

Medical tourism putting huge strain on foreign reserves says Emefiele

Emefiele The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said medical tourism is putting a huge strain on the country’s foreign reserves. Emefiele...

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