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CBN considers recapitalisation for commercial banks as new mergers may happen ▷ Nigeria news


- Godwin Emefiele, the governor of CBN, has said that recapitialisation exercise of banks will happen soon- The head of the apex bank revealed the new development when he was unveiling the bank's five-year plan- Emefiele said the recapilisation will help solve the issue of exchange rate uncertainty in ...
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We'll continue to resist attacks on naira


The Central Bank of Nigeria (CBN) said despite the voracious attacks on all fronts, it would resist calls in some quarters to allow the naira to float freely ...
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Emefiele unveils 5-year plan, targets double digit growth |


The Central Bank of Nigeria’s (CBN) Governor, Mr Godwin Emefiele has finally unveiled the 5-year policy direction for the apex bank. While reading the policy document for the CBN to cover the next five years (2019-2024), Emefiele disclosed that the apex bank is targetting a double-digit growth for the ...
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Investors rally Nigerian Eurobonds as Access Bank calls back its 2021 maturity


Welcome to Nairametrics‘ summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and Bonds. This is brought to you by Zedcrest. This report is dated June 21st, 2019. ***NIRSAL moves to raise over N140bn for Agric financing*** Key Indicators ...
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Nigeria: CBN Sets September Deadline for Mutilated Notes


By Nume Ekeghe and Solomon ElusojiThe Central Bank of Nigeria (CBN) has said banks now have between June 3 and September 2, to collect and sort all mutilated notes in their possession for reissuing. The central bank's Director of Corporate Communications, Mr Isaac Okorafor, made the disclosure while engaging with ...
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CBN Sets September Deadline for  Mutilated Notes


  • Organised labour lauds Emefiele
Nume Ekeghe and Solomon Elusoji The Central Bank of Nigeria (CBN) has said banks now have between June 3 and September 2, to collect and sort all mutilated notes in their possession for reissuing. The central bank’s Director of Corporate Communications, Mr Isaac ...
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Top Today Headlines On Monday 24th, June 2019


Here are the Nigerian newspapers Today Headlines on Monday, 06 24th, 2019 from www.Nigerianews.comPunch Newspapers Headlines Today Monday 24th, June 2019Eagles to get $95,000 each for AFCON winIghalo happy to break Eagles 13-year opening game jinxRohr: Akpeyi must stop dribblingRohr hails improved AinaEgba/Awori crisis: Olota seeks governors interventionThe wrong way ...
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Banks’ Capital Adequacy Ratio Rises to 15.60%


Obinna Chima
The Capital Adequacy Ratio (CAR) of commercial banks improved from the 15.14 per cent it was as of February 2019, to 15.60 per cent in April 2019, according to data from the Central Bank of Nigeria (CBN). This is coming as one of the global rating agencies, ...
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War against Smuggling – THISDAYLIVE


There is need for concerted efforts to tackle smuggling of goods into the country as it poses serious threat to the economy, discourages investments and destroys innovation, writes Obinna Chima Monetary policy transmission mechanism in Nigeria is inhibited due to numerous factors. That is why despite efforts by the ...
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Emefiele Unveils New CBN 5-year Plan – Daily Trust


I agree with Robert  Zelwin Aliber, (the celebrated professor emeritus of International Economics and Finance at the University of Chicago) that  “Central Bankers Read Election Returns, Not Balance Sheets’. I agree with him, perhaps no less than the 11th and newly reappointed Governor of the CBN, Mr Godwin Emefiele. Yours ...
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Anxiety mounts as debt service-to-revenue hits 70% – The Sun Nigeria


Omodele Adigun As Nigeria’s external reserves ebbed to $44.8 billion last Monday, from over $45 billion announced by the Central Bank Governor, Godwin Emefiele, the prior week, anxiety is now mounting  over its trajectory as debt service-to-revenue ratio, outlined in the 2019 Budget, is set to hit 70 per ...
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Labour leaders to support CBN on financial stability – Blueprint


  Stakeholders comprising Labour Union leaders from various sectors of the economy have pledged support to the Central Bank of Nigeria (CBN) on its efforts towards ensuring stability in the financial system and the economy in general. The bank held a one-day interactive enlightenment session with stakeholders in Lagos ...
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CBN governor Emefiele to unfold new road map for CBN, economy – Similar News


CBN governor Emefiele to unfold new road map for CBN, economy – Similar News | noovell CBN governor Emefiele to unfold new road map for CBN, economy – Related articles from other sources More news ...
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Return dirty Naira notes to your banks, alert us if they refuse them


The Central Bank of Nigeria (CBN) has disclosed the steps being taken to withdraw dirty Naira notes from the circulation at a stakeholder engagement session in Lagos over the weekend.Mr. Isaac Okorafor, director of corporate communication while engaging leaders of organized labor said the CBN has given Deposit Money ...
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New Business Funding From Cbn – Investment


The Central Bank of Nigeria (CBN), has introduced a funding support programme for Micro, Small and Medium Enterprises known as 'Agric Small and Medium Enterprises Investment Scheme (AGSMEIS)'. Existing and aspiring entrepreneurs can access up to Ten Million Naira (N10,000,000) at 5% per annum for up to 7 years repayment ...
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Ecobank partners NIRSAL to pool N70bn agric financing loan


... of geo-cooperatives of 250Ha with a ticket size as much as N65 million naira, where ... The CBN led by Governor Godwin Emefiele has been at the vanguard of investment in Agricilture as a key contributor to the country's economy ...
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Women’s World Cup: Nigeria threaten sit-in protest over unpaid bonuses and allowances


Sports News of Sunday, 23 June 2019 Source: footballmadeinghana.com 2019-06-23 The team held an overnight meeting in their Grenoble hotel with Aisha Falode Nigeria threatened a sit-in protest at their hotel over unpaid bonuses and allowances following their Women's World Cup last-16 defeat by Germany.One player told the BBC ...
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Money Market Archives — Newsverge


Why Naira remain immune from election spendings Money Market Our Reporter - February 15, 2019 0 Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON), has identified factors that kept the naira immune from election spendings. Gwadabe told ...
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Improving Foreign Capital Flow to Economy


Isaac Okorafor Business/ECONOMY Economic managers would need to do more to raise the current levels of capital inflows into the country, write Kunle Aderinokun and James Emejo Apparently signifying a rare demonstration of the increasing confidence of international investors in the country, the Central Bank of Nigeria (CBN) last ...
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CBN gives banks 3 months to return mutilated naira notes 


The Central Bank of Nigeria (CBN) on Saturday said it has given Deposit Money Banks from June 3rd to September 2nd to return all mutilated naira notes at their disposal fir re-issue. Isaac Okorafor, director corporate communications department disclosed this in Lagos at an interactive session with stakeholders at ...
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CBN renews effort to support and improve Nigeria’s non-oil sectors


Nigerian Central Bank, Abuja, Nigeria. The Governor of Central Bank of Nigeria (CBN) Mr. Godwin Emefiele, said the apex bank has renewed its commitment to support and improve the non-oil sectors (agricultural and manufacturing) of the Nigerian economy. This disclosure was made by Emefiele in Abuja. He noted that ...
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Facebook’s Co-founder revealed something about Libra that should interest Emefiele


One of Facebook‘s Co-founders, Chris Hughes, has come out to sound the alarm over the company’s new cryptocurrency – Libra. Facebook’s unveiling of its digital currency elicited quite a number of reactions from the social media community, including one from Hughes who became a prominent critic when he trended ...
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naira Archives | Page 144 of 144


naira Archives | Page 144 of 144 | FxMallam Farooq HomePosts Tagged "naira" (Page 144) ...
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CBN summons currency dealers, others on development in forex market


Abuja – The Central Bank of Nigeria (CBN) has summoned all authorised currency dealers for a meeting to discuss development in the foreign exchange market. Naira The invitation was contained in a circular released and signed by the bank’s Director, Trade and Exchange, Mr Ahmed Umar in Abuja on ...
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