The Central Bank of Nigeria and the Rice farmers Association of Nigeria have concluded plans to distribute 27,000 metric tonnes of rice paddies directly to millers nationwide on Thursday, to renew their move to address the rising cost of food prices in the Nigerian market. A statement from the CBN …
Read More »CBN Disburses N1.49trn to Agricultural Programmes
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele says the apex bank has disbursed N1.48 trillion to beneficiaries of its agricultural programmes. While giving a detailed progress report of the CBN’s intervention activities at the end of the two-day meeting of the monetary policy committee (MPC), he …
Read More »Banking Sector Credit Rises by N75bn to N43.67trn – CBN
The Governor Central Bank of Nigeria (CBN), Mr. Godwin Emefiele on Tuesday disclosed that banking sector credit to the economy increased by 1.75 per cent to N43.67 trillion in February 2021 from N42.92 trillion in January 2021. This, according to the apex bank revealed that the Banking sector credit to …
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