The Minister of Finance, Budget and National Planning, Zainab Ahmed, says revenue distributed at Federation Account Allocation Committee (FAAC) is generated by Federal Government agencies. The minister fielded questions from…
The Central Bank of Nigeria (CBN) says it has disbursed N1.487 trillion under its various agricultural programmes to boost food security. The CBN Governor, Mr. Godwin Emefiele, made this known…
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) on Monday announced new charges for customers for the Unstructured Supplementary Service Data (USSD) services. The new price…
Governor Nyesom Wike of Rivers State has urged the Central Bank of Nigeria (CBN) to extend its agriculture development loan schemes to the state. Wike made the call on Monday…
It would seem harsh to judge the Central Bank of Nigeria (CBN) solely by its intentions, especially in the last four or five years. In a weak, fragile and chaotic…
The Central Bank of Nigeria (CBN) on Saturday introduced a new incentive to encourage inflow of diaspora remittances. The incentive, tagged “Naira 4 Dollar Scheme”, was announced in a circular…
The us of Cryptocurrency has continued to be on the rise in the country, with 33 per ceof Nigerians either using or owning cryptocurrency, according to a recent survey. Out…
The Central Bank of Nigeria (CBN) has directed commercial banks and other financial institutions to, henceforth, accept Machine Readable Travel Documents (MRCTD) and Refugee Identification Cards, as means of identification…
The Ministry of Communications and Digital Economy is collaborating with the Central Bank of Nigeria (CBN) to ensure citizens with Bank Verification Number (BVN) are automatically provided with the National…
Transactions in cryptocurrencies are largely speculative, volatile and should be discouraged, the Central Bank of Nigeria (CBN) has said. The apex bank gave the explanation in a statement on its…