Central Bank of Nigeria
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...
FirstBank to maintain focus on retail banking, consumer financing
FirstBank said its continued focus on retail banking and consumer financing will drive its future and growth expansion strategy. It also plans gradually shifting towards a high yield diversified portfolio...
Nigeria out of recession by end of June, says Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, yesterday assured Nigerians that the country would get out of economic recession latest by the end of June this year based on emerging positive economic indicators to that effect.