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Nigeria has failed to attract foreign investments in form of FDIs to its local businesses in recent times.
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On May 21, 2024, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) concluded its 295th meeting with a pivotal decision:...
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The Federal Government of Nigeria recently announced a $3.5 billion agreement with the African Export-Import Bank (Afreximbank). This deal aims to enhance the textile...
Nigeria has failed to attract foreign investments in form of FDIs to its local businesses in recent times.
The call is contained in a press statement signed by the agency’s resident media consultant, Mr Olusayo Akintola.
Within two weeks, the senate approved three different loan requests by President Muhammadu Buhari.
CBN governor, Godwin Emefiele said that he CBN will continue to channel weekly allocations of dollar sales to commercial banks to meet legitimate FX...
The Group stated that the summit would be a collaboration between the public sector and the organised private sector.
Godwin Emefiele disclosed this at the Monetary Policy Committee meeting on Tuesday, 27th July 2021.
The CBN receives about 574 license applications from BDCs every month.
NIPC disclosed the full list of the companies in its report on pioneer status incentive applications for Q2 2021.
Emefiele said the decision was based on BDC operators’ involvement in illegal financial flows and money laundering.
This disclosure is contained in a document obtained from the Federal Ministry of Finance, Budget and National Planning.