Nigeria plans to capitalize its state-owned Bank of Agriculture with N1 trillion ($3.2 billion) and will allow the lender to take deposits as Africa’s most-populous nation seeks to boost farming output and reduce food imports.
“We are looking at 25...
The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has warned Participating Financial Institutions (PFIs) in the country against charging double-digit interest on intervention funds guaranteed by the CBN.
According to a statement, Emefiele gave the warning in Abeokuta,...
In a presentation at the Public hearing organized by the Joint Senate Committee on the Petroleum Industry Governance Bill, Group Managing Director of the NNPC, Dr. Maikanti Baru, said that though the Corporation is in support of the decision...
The Minister of Finance, Mrs Kemi Adeosun has sought approval from the Federal Executive Council (FEC) for the issuance of the USD1.00 Billion Eurobond in the International Capital Market (ICM) and the appointment of Transaction Parties responsible for the...
I must commend and appreciate the founders of the University of Ilorin Centre for Ilorin Studies (CILS) for their foresight in establishing the Centre as an international centre for excellence in learning, research, probity and service to governments, organisations...
The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele has disclosed that the apex bank, under its Commercial Agricultural Credit Scheme (CACS) has over N250 billion which has not been fully disbursed as well as a N220 billion...
