CBN interventions: Farmers, agric firms fail to repay N380.97 billion due loans
Farmers and agricultural firms in Nigeria are grappling with a massive debt burden as they struggle to repay N380.97 billion ...
Tag: CBN
Customs exchange rate for cargo clearance drops to N1593/$
The exchange rate for cargo clearance has dropped to N1593.41/$ from N1612.28/$ recorded last week representing a drop of about ...
Nigeria’s imported food inflation jumps to 29.8% as naira depreciation triggers record high rate
Imported food inflation in Nigeria rose to its highest level, reaching 29.8% in February 2024 from 26.3% recorded in the ...
CBN says donation of 2.15 million bags of fertilizers not new intervention
The Central Bank of Nigeria has indicated that the 2.15 million bags of fertilizers donated to the Ministry of Agriculture ...
BVN registration hits 61.16 million as CBN deadline approaches
Registration for the Bank Verification Number (BVN) increased to 61.16 million as of March 15, 2024.
CBN to Banks: Don’t pay dividends with FX gains in 2024
The Central Bank of Nigeria (CBN) has reiterated its position on how banks utilize their FX revaluation gains referencing a ...
Meet Ruby Onwudiwe, Tinubu’s new nominee to the CBN board
President Tinubu submitted a request to the Nigerian Senate confirming of Dr. Ruby Onwudiwe as a member of the CBN ...
CBN sells N161.5 billion in Treasury Bills, as investors seek higher returns, longer maturities
The Central Bank of Nigeria (CBN) has sold N161.5 billion worth of Nigerian Treasury Bills (NTBs) across various maturities at ...
Food Security: CBN donates over 2 million bags of fertiliser worth N100 billion to farmers
The Central Bank of Nigeria (CBN) has made a substantial contribution to the agricultural sector by donating over 2 million ...
CBN increases customs FX clearance rate by N18.44 to N1612/$
The Central Bank of Nigeria (CBN) has increased the FX rate for clearance of goods at different import points by ...
