President Muhammadu Buhari on Tuesday in Abuja inaugurated 13 sky-high pyramids consisting of one million bags of paddy rice. Unveiling the FCT Mega Rice Pyramids at the Abuja International Trade…
As a way of tackling the problem of growing youth unemployment in Nigeria, the Central Bank of Nigeria (CBN) on Thursday formally launched the Tertiary Institutions Entrepreneurship Scheme (TIES) in…
The Central Bank of Nigeria (CBN) has urged the Federal Government to prioritise investment in infrastructure to improve the country’s business environment and boost economic growth. Mr. Godwin Emefiele, the…
As part of efforts to ensure that the autogas conversion of vehicles yielded the desired results, the Federal Government says it has set aside N250 billion for willing investors in…
President Muhammadu Buhari says the adoption of Central Bank Digital Currency(CBDC) can increase Nigeria’s Gross Domestic Product(GDP) by 29 billion dollars over the next 10 years. Buhari made this submission…
The Central Bank of Nigeria (CBN) says banks in the country have remained stable, robust and resilient in spite of the COVID-19 pandemic. The Director, Banking Supervision of CBN, Mr.…
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has pledged more support for youth empowerment, through sports and its other intervention programmes. Osita Nwanisobi, CBN spokesperson quoted Emefiele as…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has agreed to retain the Monetary Policy Ratio (MPR) at 11.5 per cent Mr. Godwin Emefiele, CBN Governor,…
The Naira on Thursday dipped further at the parallel market in Lagos against the dollar. It lost N6 from N562 traded on Wednesday to exchange at N568 to the dollar,…
The Central Bank of Nigeria (CBN) has denied allegation that it failed to remit 80 per cent of its operational surpluses into the Consolidated Revenue in the last five years.…