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Monetary Policy Committee of CBN Maintains Status Quo on Rates

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), faced with the choice of reducing or leaving policy parameters unchanged –...

Heritage Bank Stimulates CBN’s Financial Inclusion on 2020 Target

As part of efforts to consummate the Central Bank of Nigeria (CBN) initiated policy aimed at reducing the figure of the unbanked populace by...

Fidelity Bank Announces 24% Growth In PAT To N28.4bn

 ...Proposes Dividend Of 20k Per Share Fidelity bank plc has announced 24 per cent increase in Profit After Tax for 2019 audited financial year result...

Naira to Now Trade at N380/$, Says CBN

The Central Bank of Nigeria (CBN) has directed that bureaux de change operators in the country must not sell dollars higher than N380 to...

Coronavirus: CBN to Inject N1trn Stimulus into Economy

…CBN Governor Meets with Bank Chiefs on March 21 …Health sector to get additional N100b loan Boost Two days after it unveiled a six-point palliative to...

Coronavirus: CBN Reduces Interest Rate On N3trn Intervention Fund

The Central Bank of Nigeria (CBN)on Monday announced policy measures to tackle the impact of Coronavirus on the economy. The CBN Governor, Mr. Godwin Emefiele,...

Security Operatives Storm Palace, Arrest Sanusi, Banished to Nasarawa

Security operatives on Monday stormed the palace of Emir of Kano in Kano State,  Sanusi Lamido Sanusi, in an attempt to remove him from...

Osun Govt Plans to Boost Cotton Plantation

By Deborah Oladejo, Osogbo The Osun State government has concluded plans to prioritize the agricultural sector to make it one of the key ways to...

Food Prices Push Inflation Rate To 12.13% In January

Data from the National Bureau of Statistics (NBS) shows that increase in food prices has forced Nigeria’s inflation for the month of January 2020...

CBN, FMDQ Introduce Long-Dated FX Futures

… Contracts now up to 5 Years ...Hedging to support Foreign Capital - FPIs, FDIs , FCY Loans The Central Bank of Nigeria (CBN) has yet...
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