Nigeria launches new portal for disengaged N-Power beneficiaries
The minister says NEXIT will determine the suitability of beneficiaries for CBN's affiliated programmes.
The minister says NEXIT will determine the suitability of beneficiaries for CBN's affiliated programmes.
The policy was established in order to ensure that beneficiaries of the facility have increased output so as to be ...
The Monetary Policy Committee (MPC) of the CBN at the end of its two-day meeting on Tuesday decided to leave ...
The monetary policy committee retains the lending rate, also known as the monetary policy rate, at 11.5 per cent.
The move, which came as one of the government's many crackdowns on peaceful demonstrators, has been widely condemned.
The CBN governor said the payment system infrastructure accommodated the surge as more citizens moved to electronic channels.
CBN governor says interventions by the apex bank significantly mitigated the impact of the COVID-19 pandemic on businesses and reduced ...
NBS projects Nigeria’s economy to contract by -4.2% from Q3 in 2nd recession in 4 years
The new rate is believed to be in line with the apex bank’s efforts to unify the exchange rate.
In his presentation, Mr Bassey noted that Nigeria lost a minimum of $140 billion to illicit financial flows between 2000 ...
The committee said Nigeria could escape a recession if concerted efforts were sustained to stimulate output.
The MPR is the interest rate at which the central bank lends to commercial banks.
VP Osinbajo, finance minister Ahmed and CBN governor Emefiele had an online meeting with the IMF board.
Mr Emefiele says: “For how long shall we (Nigerians) continue to rely on the world for anything and everything at ...
The group said the donation is a token of our support toward the state government’s response to the pandemic.
N1 billion will go to the federal government and N500 million to the Lagos State government.
Mr Buhari imposed a lockdown, restricting movements in Lagos, Ogun and Abuja.
Although these establishments are exempted, access will be restricted and monitored.
CBN tells Nigerians to prepare for the worst.
The meeting was also aimed at tackling the economic impact of the coronavirus on the nation's economy and the recent ...
The committee chairman expressed disappointment that Mr Emefiele did not deem it fit to send any official of the CBN ...
The CBN governor said the MPC felt the decision would stimulate the economy in the short term, and boost aggregate ...
Many financial experts had expected the monetary policy rates to be reviewed in an attempt to reinvigorate the Nigerian economy.
The committee urges oil companies, others to sell FOREX to CBN and not NNPC.
The CBN governor, Godwin Emefiele, said the stimulus package will boost local manufacturing and import substitution
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All content is Copyrighted © 2024 The Premium Times, Nigeria