HomeTagsCentral Bank of Nigeria (CBN)

Tag: Central Bank of Nigeria (CBN)

Large-scale Rice Millers Groan under Paddy Scarcity, by Salisu Na’inna Dambatta

Large-scale Rice Millers Groan under Paddy Scarcity, by Salisu Na'inna Dambatta Nigeria's drive toward self-sufficiency in rice production as part of a multifaceted programme to deepen our national food security as enunciated by the administation led by President Muhammadu Buhari seem to be  under threat...

LCCI Concerned Over Rising Inflation, Debt Sustainability

LCCI Concerned Over Rising Inflation, Debt Sustainability       As the country awaits a higher inflation rate for March due for release today,, the Lagos Chamber of Commerce and Industry (LCCI) has expressed concerns about the persistent increase in domestic prices. It noted that continual rise in...

AMCON Seeks Special Tribunal To Recover N5.4trn Debt

AMCON Seeks Special Tribunal To Recover N5.4trn Debt       The Asset Management Corporation of Nigeria (AMCON) has approached the National Assembly to be accommodated in the provisions of the newly amended Banks and Other Financial Institutions Act, 2020 (BOFIA, 2020), which sets up Special Tribunals for...

N140bn Solar Project Not Free – Osinbajo

N140bn Solar Project Not Free - Osinbajo       Vice President Yemi Osinbajo has told beneficiaries of the N140 billion home solar project is not free. The solar systems are part of the Nigerian Economic Sustainability Plan (NESP) that the President Muhammdu Buhari administration’s response to the economic...

Fed Govt Plans To Boost Domestic Gas Usage By Q1, 2021

Fed Govt Plans To Boost Domestic Gas Usage By Q1, 2021       The federal government has intensified efforts to ensure that Nigeria achieves self-sufficiency in the domestic production and utilisation of its gas resources by the first quarter of 2021. The government noted that currently, Nigeria’s production...

Fed Govt May Exceed N7.89trn 2021 Revenue Target As Oil Prices Soars

Fed Govt May Exceed N7.89trn 2021 Revenue Target As Oil Prices Soars         There are indications that the Federal Government may be on course to meet and perhaps, surpass the projected oil revenue target in the 2021 budget if the recent rise in the prices of...