CBN Reduces Bank Charges On Electronic Transfer, ATM Withdrawal

The Central Bank of Nigeria (CBN) has reviewed downward charges on electronic transfer and ATM as well as card maintenance fees. The new charges were...

African Dev Bank Grants $5 Million To Elumelu Foundation

The Board of Directors of the African Development Bank has approved a grant of five million dollars to enable the Tony Elumelu Foundation Entrepreneurship...

CBN Invests N69 Billion Into Edo State Oil Palm

The Central Bank of Nigeria (CBN) has invested N69 billion into Edo State Oil Palm Programme. The apex bank’s governor, Godwin Emefiele, said, at the...

Buhari Optimistic Of Financing 2020 Budget, Describes It As “Deficit Budget”

President Muhammadu Buhari has expressed optimism that his government will be able to finance the 2020 budget in spite of foreseen challenges. "With today’s global...

CBN Aims At Achieving 2.38 Percent GDP Growth End Of 4Th Quarter Of 2019

The Central Bank of Nigeria (CBN) said that it is targeting 2.38 per cent Gross Domestic Product (GDP) growth rate in the fourth quarter...

Price Of Local Rice Crashes As It Floods Markets

The price of locally produced rice has witnessed a significant drop after weeks of price hikes following the closure of Nigerian land borders and...

Federal Inland Revenue: Fowler Ends Tenure As Chairman, Nami Takes Over

As chairman of the Federal Inland Revenue Services (FIRS), Babatunde Fowler bowed out after completing his tenure, President Muhammadu Buhari has picked Muhammad Nami...

Buhari Is Worried Over Negative Effects Of Climate Change On Farmers

President Muhammadu Buhari has expressed concern over the climate change that has been steadily taking a toll on income of families as farm lands...

Nigeria Will Soon Export Rice, CBN Director Announces

From massive importation of all manner of rice into Nigeria over the years, it has been confirmed that very soon, the country will start...

Borrowing Is Not Bad If…. Imo Finance Commissioner Insists

Commissioner for Finance in Imo State, Professor Uche Uwaleke has insisted that borrowing is not bad if it is utilised to develop infrastructures and...
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