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Tag: CBN

Nigeria’s Monetary Policy Rate Remains At 11.5% – CBN
BusinessFinance

Nigeria’s Monetary Policy Rate Remains At 11.5% – CBN

Nigeria’s Monetary Policy rate remains at 11.5% as declared by the governor of the CBN, Central Bank of Nigeria, Godwin…

Christina NgeneNovember 30, 2020November 30, 2020
The Parallel Market Should Not Determine Naira Exchange Rate – CBN
BusinessFinance

The Parallel Market Should Not Determine Naira Exchange Rate – CBN

“The Nafex rate for the I & E is the accepted window for naira exchange rate” – Godwin Emefiele Nigeria’s…

Christina NgeneNovember 25, 2020November 25, 2020
Forex Scarcity Induces Widening Gap In Naira Exchange Rates
BusinessFinance

Forex Scarcity Induces Widening Gap In Naira Exchange Rates

Nigeria endures scarcity, widening gap in exchange rates and a recession The gaps between the official and parallel market rates…

Christina NgeneNovember 23, 2020November 25, 2020
BOFIA 2020 – Updated Act For The Banking and Financial Sector in Nigeria
BusinessFinance

BOFIA 2020 – Updated Act For The Banking and Financial Sector in Nigeria

The updated act for the banking and financial sector in Nigeria The Banks and Other Financial Institutions Act 2020 (BOFIA)…

Christina NgeneNovember 20, 2020November 20, 2020
NSE Record 5 Straight Daily Gain, Triggers Circuit Breaker
FeaturedFinance

NSE Record 5 Straight Daily Gain, Triggers Circuit Breaker

NSE Record 5 Straight Daily Gain The Exchange appears to be advancing daily through the pandemic when it seems like…

Christina NgeneNovember 13, 2020November 13, 2020
CBN Will Give N2 Billion Under Agriculture Development Scheme
Africa

CBN Will Give N2 Billion Under Agriculture Development Scheme

Participants of the Agriculture Development Scheme will receive N2 billion to develop farmlands and payback with CBN directives. As part…

Christina NgeneNovember 11, 2020April 8, 2025
End SARS – Accounts on CBN Freezing List From Court Order
Featured

End SARS – Accounts on CBN Freezing List From Court Order

End SARS Accounts Freezing The order from the court in Abuja gives the Central Bank of Nigeria, CBN the power…

Christina NgeneNovember 10, 2020April 8, 2025
CBN – Which business is eligible for the NYIF and who can get fund
BusinessFinance

CBN – Which business is eligible for the NYIF and who can get fund

The Federal Government had set a few conditions which MSMEs must meet to be eligible for the Nigeria Youth Investment…

Christina NgeneOctober 30, 2020October 30, 2020
CBN: Recently Auctioned Treasury Bills Were At 0.05% and Oversubscribed
BusinessFinance

CBN: Recently Auctioned Treasury Bills Were At 0.05% and Oversubscribed

Interest rates for recent CBN Treasury Bills was low The rates for the treasury bills which the FG issues through…

Christina NgeneOctober 29, 2020October 29, 2020
CBN Not Hacked – There was no hack or data breach
Featured

CBN Not Hacked – There was no hack or data breach

The Central Bank of Nigeria, (CBN) has released a statement to clarify that its website was not hacked by the…

Christina NgeneOctober 17, 2020April 8, 2025

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News Summary Today

The explosion and a suspected attack on the Trans-Niger Pipeline, TNP, have warranted a state of emergency in Rivers State. President Bola Tinubu made the announcement Tuesday, where he also suspended the current administration as well as, instated a new leader, Vice Admiral Ibokette Ibas, for six months to run the affairs of the state.

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