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Don’t give money for food importation – Buhari orders CBN

Dont give money for food importation Buhari orders CBN - Don't give money for food importation - Buhari orders CBN

President Muhammadu Buhari has ordered the Central Financial institution of Nigeria (CBN) to not give any cash for meals importation. The Nigerian chief promised that administration will maintain a eager eye on meals inflation in 2021. Buhari spoke on the fifth common assembly with the Presidential Financial Advisory Council held on Tuesday on the State Home in Abuja. “The CBN …

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COVID-19: President Buhari issues new order to CBN

COVID 19 President Buhari issues new order to CBN - COVID-19: President Buhari issues new order to CBN

President Muhammadu Buhari on Thursday, ordered the Central Financial institution of Nigeria ”to not concern a kobo” of the nation’s reserves for the importation of meals gadgets and fertilizer. That is because the Federal Authorities rolls out the Financial Sustainability Plan and units purpose for Nationwide Meals Safety At a gathering of the Nationwide Meals Safety Council on the State …

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Niger State secures N1.5 billion CBN loan to boost agriculture, empower 10,000 youths

Niger State secures N15 billion CBN loan to boost agriculture - Niger State secures N1.5 billion CBN loan to boost agriculture, empower 10,000 youths

In an effort to spice up agricultural actions within the state, Niger State authorities has accessed the Central Financial institution of Nigeria CBN, Accelerated Agriculture Growth Scheme mortgage to the tune of N1.5 billion for 2018 scheme. The federal government acknowledged that the funds can be used particularly to spice up the manufacturing of Rice, Maize and Soya Beans within …

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COVID-19: CBN defends policies, blasts NESG

COVID 19 CBN defends policies blasts NESG - COVID-19: CBN defends policies, blasts NESG

The Central Financial institution of Nigeria (CBN) has reacted to an announcement by the Nigerian Financial Summit Group (NESG) which questioned its measures to stabilize the nation’s monetary system and scale back the damaging influence of the COVID-19 pandemic. CBN accused NESG of malicious intent, noting that the organisation might have raised its allegations straight as an alternative of by …

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CBN clears air on taking over National Theatre

CBN clears air on taking over National Theatre - CBN clears air on taking over National Theatre

The instant previous Performing Basic Supervisor of the Nationwide Arts Theatre, Lagos State, Mr. Sunday Baba, on Monday, mentioned that the Central Financial institution of Nigeria (CBN) didn’t take over the nationwide monument. Baba defined that the CBN, by means of the Bankers’ Committee, would solely renovate the theatre advanced and hand it over to the Federal Authorities. He said …

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CBN disowns social media account scamming Nigerians

CBN disowns social media account scamming Nigerians - CBN disowns social media account scamming Nigerians

The Central Financial institution of Nigeria (CBN) has declared as fraudulent, the operations of a twitter deal with @YusufPhilipYila, presupposed to belong to the Financial institution’s Director, Improvement Finance Division, Philip Yila Yusuf. On Monday, CBN Director of Company Communications, Isaac Okorafor, mentioned the impostor deal with has been posting messages associated to the Financial institution’s N50 billion Focused Credit …

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