Tag Archives: CBN

CBN, Heritage Bank provide N2bn loan to aquaculture projects

Victoria HansonIn a bid to further support the real sector and unlock food potentials, Heritage Bank Plc in collaboration with the Central Bank of Nigeria provided N2 billion long term facility under the Commercial Agriculture Credit Scheme to Triton Aqua Africa Ltd (TAAL).

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CBN, Heritage Bank, NYSC disburse N774m to 310 YIEDP beneficiaries 

By Victoria Hanson The Central Bank of Nigeria (CBN), Heritage Bank Plc and The National Youth Service Corps (NYSC) have disbursed a whopping sum of N774million to 310 beneficiaries under the Youth Innovative Entrepreneurship Development Programme (YIEDP).

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CBN to clear backlog of forex demand

The Central Bank of Nigeria has announced plans to clear all existing backlog of Foreign Exchange (forex) demand in the country prior to take off of its flexible foreign exchange policy.

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Aftermath of new forex policy, stocks trading rises to 2016 high

By Abimbola Fashakin, Lagos The intention of the leadership of the Central Bank of Nigerian (CBN) to introduce a new foreign exchange appears to be impacting positively on the Nigerian Stock Exchange (NSE) as stocks hit a 2016 high.

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CBN unveils flexible exchange rate

 says reserve still robust By Abimbola Fashakin, Lagos The Governor of the Central Bank of Nigeria (CBN), Dr. Godwin Emefiele has reeled the detailed components of the flexible foreign exchange regime.

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