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Tag: $1.2 Billion

FG To Implement $1.2bn ‘Green Imperative’ Agricultural Programme

FG To Implement $1.2bn ‘Green Imperative’ Agricultural Programme   The Federal Government is set to implement a programme called Green Imperative, which it said would revolutionise agriculture in Nigeria. The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this in Abuja on Thursday at a joint...

Nigeria Spends $1.2bn To Import Fish Yearly

Nigeria Spends $1.2bn To Import Fish Yearly   The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele says about 1.2 billion dollars worth of fish is imported into this country annually. Emefiele disclosed this in a meeting while briefing some state Governors and the media...

CBN To Ban $1.2bn Annual Forex For Milk, Other Dairy Products

CBN To Ban $1.2bn Annual Forex For Milk, Other Dairy Products   The Central Bank of Nigeria (CBN) might have concluded plans to add milk and other dairy products to items on the foreign exchange restriction list with a view to boosting local production, and investment...

NEXIM Bank, Others To Boost Non-oil Exports By $1.2bn

NEXIM Bank, Others To Boost Non-oil Exports By $1.2bn   The Nigerian Export-Import Bank (NEXIM) has entered into a partnership with the National Inland Waterways Authority and Sealink Promotional Company Ltd to bridge the waterways infrastructure gap and enhance the country’s trade in the ECOWAS sub-region. The...

Nigeria’s External Reserves Drop By $1.2bn In One Month

Nigeria's External Reserves Drop By $1.2bn In One Month The nation’s foreign exchange reserves fell by $1.2bn in one month, latest data from the Central Bank of Nigeria showed. The external reserves, which stood at $47.11bn as of the end of July, declined to $45.83 on...