'Inventories , Production, Others Recorded Slow Growth In February’ Production level, new orders, supplier delivery time, employment level and inventories grew at a slower rate in February 2019. The Central Bank of Nigeria disclosed this in its Purchasing Managers’ Index Survey Report for the month of...

CBN Disburses N596bn For 576 Agric Projects As of November 19, 2018, the total amount released by the Central Bank of Nigeria under the Commercial Agriculture Credit Scheme from inception to the participating banks for disbursement stood at N596bn for 576 projects. Figures obtained from the...

CBN Injected $39bn To Stabilise Naira Last Year   Between January and December last year, the Central Bank of Nigeria injected about $39.9bn to defend the nation’s currency in the foreign exchange market. The analysis of foreign exchange injection into the economy contained in the fourth quarter...

898 Microfinance Banks Get CBN's License   The number of microfinance banks licensed in the country by the Central Bank of Nigeria stood at 898 as of February 13, 2019. The CBN disclosed this in a list it released on the recognised microfinance banks in the country...

CBN Shares N596bn To Farmers   The total amount released by the Central Bank of Nigeria (CBN) under the Commercial Agriculture Credit Scheme (CACS) from inception to the participating banks for disbursement stood at N596.44 billion for 576 projects as at the end of the fourth...

CBN Predicts Stability In FX As External Reserves Hit $43bn The Central Bank of Nigeria (CBN) Thursday said it expected further stability in the foreign exchange market in 2019, banking on the decision of the US Federal Reserve not to hike interest rate in the...