November 29, (THEWILL) - The Central Bank of Nigeria (CBN) has paid out a total sum of N81 billion to Nigerian exporters in 2022 as rebates for repatriating their export proceeds in line with the RT 200 FX policy.
A...
There is an indication that the plan by the Central Bank of Nigeria (CBN) to engage Agency Banking Networks in the currency redesign exercise will achieve the two-prong benefit of fast-tracking financial inclusion among the country-side dwellers. Many Nigerians...
November 28, (THEWILL) -Â The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said that the intervention schemes and other monetary policy initiatives of the apex bank helped in sustaining the productive capacity of the economy amid COVID-19...
November 23, (THEWILL) -Â President Muhammadu Buhari has unveiled the redesigned Naira notes by the Central Bank of Nigeria (CBN).
The notes which include N200, N500 and N1000, were formally unveiled on Wednesday, at the state House, Abuja, before a meeting...
November 23, (THEWILL) - President Muhammadu Buhari has unveiled the redesigned Naira notes by the Central Bank of Nigeria (CBN).
The new notes, which include N200, N500 and N1000, were formally unveiled on Wednesday, at the State House, Abuja, before...
The development initiatives of the Central Bank of Nigeria (CBN) was introduced to stimulate and sustain growth in key sectors of the economy, revive moribund projects, empower the youth population, explore the untapped potential in the various economic landscapes...
It is no longer news that the Central Bank of Nigeria (CBN) has embarked on the redesigning and re-issuance of the 200, 500 and 1,000 naira notes, a move it announced on October 26, 2022.
It is also no longer...
November 07, (THEWILL) - Like several times in the last 18 months since the Nigerian economy seemed to descend on a free fall, the Governor of Edo State, Mr Godwin Obaseki, has again sounded the alarm.
The issue this time...
At a time when Nigeria is grappling with huge fiscal deficits, the free fall of the naira, soaring inflation rates, multiple forex rates, rising borrowing costs, grave uncertainty, a fragile economy and on the eve of the 2023 general...
The outright disowning and public deprecation by the Minister of Finance, Budget and National Planning, Zainab Ahmed, of the recent innocuous policy of the Central Bank of Nigeria (CBN) regarding the redesigning and re-issue of some Naira notes, now...
