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Creative industry: Fintech boom justifies CBN’s initiative

Creative industry: Fintech boom justifies CBN’s initiative

Recent success stories in Nigeria’s Financial Technology (Fintech) sector show that the Central Bank of Nigeria (CBN) was justified in spearheading the Creative Industry Financing Initiative (CIFI), writes TONY CHUKWUNYEM Thriving sector In a report…

$2.1BN STATES’ LOAN: RECESSION LOOMS IF CBN DEMANDS REPAYMENT NOW –FINANCIAL EXPERTS

$2.1BN STATES’ LOAN: RECESSION LOOMS IF CBN DEMANDS REPAYMENT NOW –FINANCIAL EXPERTS

Finance Experts and analysts have warned that the nation’s economy could slip back into recession if the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, insists on sub national governments – the states- paying…

ABP: Examining CBN’s efforts at checking food inflation

ABP: Examining CBN’s efforts at checking food inflation

As the farming season begins, the Central Bank of Nigeria (CBN) is insisting that its various interventions under the Anchor Borrowers’ Programme (ABP) are meant to reduce food inflation and improve economic growth. TAIWO HASSAN…

CBN: Facilitating productive milieu for Nigerian youths

CBN: Facilitating productive milieu for Nigerian youths

With the crime rate in the country at record high, the Central Bank of Nigeria (CBN) is spearheading efforts to facilitate the creation of long term, productive work for Nigerian youths writes TONY CHUKWUNYEM National…

$1bn arms deal: Again, army boss, CBN gov shun Reps’ panel

$1bn arms deal: Again, army boss, CBN gov shun Reps’ panel

he Chief of Army Staff, General Ibrahim Attahiru and the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday, refused to honour the invitation from the House of Representatives’ adhoc committee investigating…

OPS battling pandemic challenges

OPS battling pandemic challenges

The first quarter of year 2021 in the country’s real sector faced some challenges, even though the economy exited recession earlier than expected. TAIWO HASSAN reports Nigeria’s recession exit For members of the organised private…

COVID-19: CBN’s effort to boost economy intensifies

COVID-19: CBN’s effort to boost economy intensifies

With concern growing over vaccine nationalism, the Central Bank of Nigeria (CBN) is stepping up efforts to ensure local production of pharmaceuticals and food crops, writes TONY CHUKWUNYEM In the wake of the outbreak of…

Emefiele, Otteh push for women in leadership positions

Emefiele, Otteh push for women in leadership positions

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has challenged stakeholders in private and public organisations to ensure all round gender development and equal opportunities in order to increase the number of women…

CBN: Extending forbearance for economic recovery

CBN: Extending forbearance for economic recovery

The recent announcement by the Central Bank of Nigeria (CBN) that it had extended forbearance for intervention loans by another 12 months is part of measures by the apex bank to ensure sustainable recovery for…

Naira falls to N411/$1 at I&E window

Naira falls to N411/$1 at I&E window

After rebounding to N406.50 per dollar on Thursday, the naira yesterday closed at N411/$1 at the Investors and Exporters’ (I&E) window, FMDQ data shows. In fact, the local currency had yesterday opened at a new…