CBN

Finance Minister Urges CBN To Extend BVN To Microfinance Banks

The Minister said the move will make for the easy detection of bank accounts that are being operated in such banks by ghost workers and other syndicates.

CBN, NCC Move To Save Etisalat Over Debt

The CBN governor, Godwin Emefiele, and the Executive Vice Chairman of the NCC, Umar Danbatta, met on Thursday at the CBN headquarters in Abuja over the Etisalat debt issue.
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Nigeria To Commence Rice Export By 2017

The Central Bank of Nigeria, CBN, has said that the country will begin to export rice to other countries by the end of 2017.

Senate Rejects Bill To Punish Private Ownership Of Forex

The Nigerian Senate has said that it will not support the moves by some government agencies to introduce a controversial bill banning people from owning foreign exchange.
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CBN Moves To Save Airlines

The Central Bank of Nigeria, CBN, has approved a Special Secondary Market Intervention Retail Sales, SMIS, for airlines operating in the country to enable them to access foreign exchange.

Experts Back Finance Minister’s Call For Interest Rate Cut

Experts in the manufacturing sector have expressed support for the Minister of Finance, Kemi Adeosun's call on the Central Bank of Nigeria, CBN, to lower interest rate so that government can borrow domestically to boost the economy without increasing debt servicing costs.
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