CBN Depriving Rivers Of Agric Loans, Says Wike       Rivers State Governor Nyesom Wike has accused the Central Bank of Nigeria (CBN) of depriving his state access to agricultural loans. Wike told the visiting Minister of State for Agriculture and Rural Development Mustapha Shehuri in Port Harcourt...

Banks To Customers: Naira-4-dollar Scheme Ends May 8       Deposit Money Banks have informed customers that the Central Bank of Nigeria’s ‘Naira-4-dollar scheme’ will end on May 8. This is as they continued to woo their customers to take advantage of the incentive introduced by the regulator,...

CBN Clarifies N3bn Agric Loan Controversy In Bayelsa       The Central Bank of Nigeria says it has disbursed over N2.2bn out of the N3bn agricultural loan to farmers in Bayelsa State under its Accelerated Agricultural Development Scheme, contrary to allegations that officials of the state government...

Group Unravels CBN, Discos’ Secret Plots To Collapse Nigeria’s Economy     The federal government has been intimated of alleged plots by the Central Bank of Nigeria, (CBN) and Electricity Distribution Companies, (Discos) to collapse the nation’s economy through an ongoing secret moves to cancel Eligible Customer,...

CBN Guarantees N122.6bn ACGSF Loans       The Central Bank of Nigeria (CBN) has guaranteed a total of N122.632 billion loans under the Agricultural Credit Guarantee Scheme Fund (ACGSF). The Chairman of the Fund’s Board, Mr. Stephen Okon, disclosed this, in Abuja, yesterday, at the National Award Ceremony...

CBN To End $40bn OMO Bills Market       The Central Bank of Nigeria (CBN) will soon end the Open Market Operation (OMO) Bills sales to investors. The policy shift could hurt the market with its over $40 billion investment, according to findings. The market for OMOs had...