Tag: CBN
CBN plans N500 billion intervention fund for manufacturing firms post COVID-19
WED, APRIL 15 2020-theG&BJournal- The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has disclosed that the apex will consider an initial...
Interswitch assures customers of continuous dispute management activities during COVID-19 lock-down
WED, APRIL 08 2020-theG&BJournal- Interswitch, a leading integrated digital payments and commerce company, has assured her customers that all its business operations continue to...
Nigeria’s debt stock piles up to N27.40trn
TUE, APRIL 07 2020-theG&BJournal-Nigerian States and Federal Debt Stock data (total public debt portfolio ) as at 31st December 2019 stood at N27.40trn, N4...
Fitch downgrades Nigeria to ‘B’, outlook negative
MON, APRIL 06 2020-theG&BJournal- Fitch Ratings in its latest rating action has downgraded Nigeria’s Long-Term Foreign Currency Issuer Default Rating (IDR) ‘B’ from ‘B+...
Discos set to repay N35.06bn CBN loan this year
Electricity distribution companies are expected to repay this year ₦35.06bn of the loan disbursed under the Central Bank of Nigeria-Nigeria Electricity Market Stabilisation Facility...
Senate confirms Obiora as CBN Deputy Governor
The Senate has confirmed the nomination of Dr. Kingsley Isitua Obiora for appointment as the Deputy Governor of the Central Bank of Nigeria(CBN).
President Muhammadu...
ABCON urges CBN to sustain robust FX policy in 2020
The Association of Bureau De Change Operators of Nigeria (ABCON) on Thursday urged the Central Bank of Nigeria (CBN) to sustain its robust foreign...
Buhari appoints Kingsley Obiora as CBN deputy governor
The President, Major General Muhammadu Buhari (retd.), has nominated Dr Kingsley Obiora as the Deputy Governor of the Central Bank of Nigeria, according to...
CBN defends naira with $16.56b in 12 months
THE Central Bank of Nigeria (CBN) spent nearly $16.56 billion to defend the naira in the last one year, The Nation has learnt.
Analysis of...
CBN Governor risks prison over $53m Garnishee Order
The Governor of Central Bank of Nigeria, Mr. Godwin I. Emefiele risks being committed to prison for failing to honour a Garnishee Order Absolute...
