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FG, Bankers Committee sign MoU today on National Theatre facelift.

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, yesterday, disclosed that the National Arts Theatre, Iganmu, Lagos and its facilities will create no fewer than 25,000 jobs when completed. Emefiele stated this at the signing of a Memorandum of Understanding (MoU) between the Ministry of Information and Culture and the Bankers’ Committee for […]Read More

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CBN Disburses N374bn to Smallholder Farmers

The Central Bank of Nigeria (CBN) yesterday said it has funded smallholder farmers (SHFs) under the Anchor Borrowers Programme (ABP) to the tune of N374 billion across the cassava, maize, cotton and rice value chain from 2016 to date. CBN Director, Development Finance Department, Mr. Yila Yusuf, disclosed this at a meeting of key stakeholders […]Read More

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CBN Bows To Pressure, Devalues Naira Again

• ‘Timing coincidental, nothing to do with IMF, World Bank’• Economists advocate currency, lifestyle audit• Moghalu, Sanusi, others disagree on exchange rate unification The country’s fiscal state faces tougher times as the Central Bank of Nigeria (CBN) bowed to pressure, last week, and further devalued the local currency. The adjustment of the exchange rate at […]Read More

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Emefiele Takes Oath of Office

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, will formally assume office for a second term of five years today. In line with tradition, Emefiele is expected to take the oath of office to be administered on him today by the Director, Corporate Services Department, CBN. THISDAY also gathered that excited CBN staff will […]Read More