The Central Bank of Nigeria (CBN), on Monday, said it has so far funded 20 projects valued at N26.278 billion under the N100 billion credit support intervention for the health…
Read More CBN injects N26.27 bn to fund 20 health projects
Category: Economy
CBN retains benchmark interest rate at 12.5%
By our reporter| The monetary policy committee of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR) at 12.5 percent. CBN governor,Godwin Emefiele, who announced the…
Read More CBN retains benchmark interest rate at 12.5%
FAAC shares N651.18bn to FG, states, LGs in June
The Federation Accounts Allocation Committee (FAAC) has shared N651.18 billion Federation Account Revenue to the federal, states and local government councils and relevant agencies for the month of June. Mr…
Read More FAAC shares N651.18bn to FG, states, LGs in June
Inflation rises by 12.56% in June – NBS
Nigeria’s inflation rate rose to 12.56 per cent in June, as prices of basic food items surged, the NBS said on Friday. According to the latest report on the consumer…
Read More Inflation rises by 12.56% in June – NBS
NDIC MD calls for “Clarity in NDIC and CBN roles in proposed ammendment of BOFIA critical to effective regulation of Banks”
By our reporter| The NDIC Managing Director/CE, Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim on Thursday said there is a need to closely examine enacting laws with a view to…
Read More NDIC MD calls for “Clarity in NDIC and CBN roles in proposed ammendment of BOFIA critical to effective regulation of Banks”