Tag: Godwin Emefiele
Gradual Harmonisation Of Exchange Rates Commenced By CBN
The Central Bank of Nigeria (CBN) over the weekend began gradual harmonisation of exchange rates with the removal of N379/$1 official rate from its...
‘Renovation Of National Theatre Can Create 16,000 Jobs’
Over 16,000 jobs would be created during and after the ongoing renovation of the National Theatre, Iganmu, Lagos, Prof. Sunday Ododo, General Manager of...
How First Bank Lost N13.2bn To Bad Loans In Q1
Non-Performing Loans (NPLs) were major drags on the performance of First Bank of Nigeria (FBN) in the first quarter of this year.
The bank’s provisions...
Why Oba Otudeko, Awosika Were Sacked – CBN
The Central Bank of Nigeria (CBN) has been explaining why it removed Mr. Oba Otudeko and Mrs. Ibukun Awosika as Chairman of First Bank...
MTN, Banks’ War On USSD Terminated, Telco Returns To Banking Channels
Several hours after disconnecting MTN customers from banking channels including the Unstructured Supplementary Service Data and banking apps, commercial banks on Sunday have reconnected...
Boost For Food Security: CBN Disburses N1.487tr
The Central Bank of Nigeria (CBN) has disbursed N1.487 trillion under its various agricultural programmes to boost food security.
Its Governor, Mr Godwin Emefiele, made...
Naira For Dollar Policy Takes Off In Nigeria
The Central Bank of Nigeria has said its new ‘Naira for Dollar Scheme” which takes effect from Monday, would provide Nigerians in the Diaspora...
Commodity Exchange: CBN Votes N50b
The Central Bank of Nigeria (CBN) has committed N50 billion into the Nigeria Commodity Exchange (NCX) to boost post-harvest handling of farm produce.
Its Governor,...
Dangote Refinery: Nigerian Engineers Undergo Training
The management of Dangote Oil Refinery is preparing young Nigerian graduates to manage its 650,000 barrels per day single train refinery when it becomes...
Massacre Of Borno Farmers: Govs Ready To Meet Buhari
All the state governors in Nigeria have resolved to meet with President Muhammadu Buhari “as soon as possible to address security challenges across the...
