Tag "Central Bank of Nigeria"

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CBN Denies Plans To Replace Naira Note With eNaira, Says Both Will Run Concurrently

The Central Bank of Nigeria (CBN) has disown a news item that it intends to replace the Naira notes in circulation with digital currency, the eNaira, in due course. In a telephone conversation with journalist in Abuja, yesterday, the Director,

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Blackmailers Launch Campaign Against Emefiele

• Smear campaigns on the increase • As his achievements cause panic By Amina Yusuf Ahead of the 2023 general elections, a campaign group for the Central Bank of Nigeria, CBN Governor Godwin Emefiele to contest for the most exalted

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How Deforestations Is Taking Its Toll

By Mustapha Suleiman  Forests cover about 30 per cent of the planet’s land mass, but humans are cutting them down, clearing these essential habitats on a massive scale. As the world seeks to slow the pace of climate change, preserve wildlife,

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CBN Disbursed N370bn Credit Facility To Households, SME

BY MARIAM SANNI, ABUJA Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that the bank has disbursed N370 billion under its Targeted Credit Facility. He disclosed this during the 2021 annual Bankers’ Committee retreat which was held in

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CBN: Godwin Emefiele As Nigeria’s Nostradamus

By Philip Agbese Not every Nigerian is gifted with the capacity to appreciate developments in their milieu. But certainly, there is tremendous improvements in the country’s domestic food production fortunes in the last few years, evident in the data of

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Emefiele Calls For More Investment in Infrastructure To Boost Economy

By Mariam Sanni, Abuja The Central Bank of Nigeria (CBN) has urged the Federal Government to prioritize investment in infrastructure to improve the country’s business environment and boost economic growth. Mr Godwin Emefiele, the CBN Governor made the call in

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FBN Tousle: Emefiele To Intervene On Individual Ownership

By Dickson Pat The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that First Bank of Nigeria is too big for any individual to claim ownership of the country’s oldest bank. The apex bank boss further said

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Need For Circumspection On Bail-Out Funds

President Muhammadu Buhari has again approved a fresh N656.11bn for another round of bailout to states recently, even when the last disbursement has not been accounted for by most, if not all the state governors, bringing to the fore the

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CBN: Pioneering A Resilient And Sustainable Economy In Nigeria

Rev Solomon Semaka The banking system as we have it now has evolved over time from ancient times shortly after the era of trade by barter. The use of cowries, shells, copper, bronze, brass, silver and gold required a system

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CBN Flags-off Digital Financial Inclusion For Women, Youth

By Mariam Sanni, Abuja In its drive to ensure the digital financial inclusion of women and youth across Nigeria, the Central Bank of Nigeria (CBN) and its stakeholders are billed to engage target groups in selected states in order to

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