Central Bank of Nigeria
Senate moves to halt extra-budgetary spending at CBN
In passing the second reading, the Senate accused the apex bank of acting in contravention of the provision of the Constitution and the Fiscal Responsibility Act through extra-budgetary spending to selected bodies, institutions and agencies.
Nigeria Central Switch records N64tr electronic deals
As the Nigeria Electronic Fraud Forum (NeFF) meets to review the 2015 Cybercrime Act, the Central Bank of Nigeria (CBN), the banker of last resort, has charged stakeholders to come up with workable policies to enhance the efficiency of electronic transaction...
Heritage Bank, Triton Aqua’s N2b facility to create jobs
The N2 billion long-term facility of Heritage Bank Plc and Central Bank of Nigeria, given to Triton Aqua Africa Limited (TAAL), under the Commercial Agriculture Credit Scheme (CACS), is expected to boost job creation.
CBN injects $457 million into forex market
The Central Bank of Nigeria (CBN) started the week with the injection of $457.3 million into the foreign exchange market.
‘How Julius Berger, others ensured prompt delivery of Abuja Airport project’
The Management of Julius Berger (JB) Plc, yesterday described the company’s delivery of Abuja Airport Emergency Repair Project in a record time as a demonstration...
CBN offers $81.2m, as parallel market remains N391
The Central Bank of Nigeria (CBN) yesterday, intervened in the foreign exchange market with $81.2 million, covering invisibles and Small and Medium Enterprises (SMEs) segments.
Banks begin five per cent contributions to SMEs
The five per cent banks contributions from their profit after tax, tagged Agriculture/SMEs Fund (AGSMEs Fund) has taken off.
MAN, LCCI, American Council rate government’s ERGP implementation high
Manufacturers and other stakeholders in the Organised Private Sector (OPS), have commended the Federal Government on the implementation of the Economic Recovery and Growth Plan...