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CBN to release 50,000 MT of maize to farmers

    The Central Bank of Nigeria has approved the release of 50,000 metric tonnes of maize to 12 major producers from strategic maize reserve under the Anchor...

Experts fear inflation as CBN further devalues naira to 410.25/$

    The Central Bank of Nigeria officially devalued the naira to 410.25/$ after the country’s currency defied all interventions to retain its value. However,...

BREAKING: CBN fires First Bank directors

  The Central Bank of Nigeria wielded its big stick on First Bank of Nigeria Limited as the apex regulator of the activities of commercial banks on Thursday when it...

Households, businesses can apply for N50bn COVID-19 loans – CBN

  The Central Bank of Nigeria has said that households and businesses affected by the COVID-19 can now apply for loans under its N50bn Targeted Credit Facility. It...