Nigeria Economy Archives — Page 3 of 3

May 5, 2021 No Responses

CBN Decries Low Participation Of South-East In Economic Programmes

The Central Bank of Nigeria (CBN) has decried the low participation of the South-East in its economic intervention policies and programmes. The acting Director, Corporate Communications Department of the bank, Mr Osita Nwanisobi, explained on Tuesday during CBN Fair in...

February 27, 2021 No Responses

CBN Tasks Bank CEOs, Others To Reset Economy

The Governor of the Central Bank of Nigeria (CBN) Mr Godwin Emefiele, has urged Bank Chief Executive Officers and other stakeholders to work together to reset the Nigerian economy to achieve massive growth. Emefiele gave the advice at a one-day...

February 17, 2021 No Responses

Inflation: Expert Tasks CBN On Agric Interventions

The Association of Capital Market Academics of Nigeria (ACMAN) has urged the Central Bank of Nigeria (CBN) to scale up interventions in agricilture sector to stem the rising inflation figure. ACMAN President, Prof. Uche Uwaleke, said this in an interview...

January 19, 2021 No Responses

CBN Boosts Manufacturing In Kano With N10b

Kano Investment and Diaspora, in partnership with the Foreign Commonwealth Development ((LINKS) and Manufacturers Association of Nigeria (MAN) have secured a N10 billion intervention fund from the Central Bank of Nigeria (CBN) to revive companies impacted by t...

December 7, 2020 No Responses

Experts Proffer Leeway For Post COVID-19 Nigerian Economy

For the Nigerian economy to survive the negative impact of COVID-19 pandemic, some stakeholders in the financial market have offered solutions that would help boost the economy. Speaking at the weekend in Lagos, Uche Uwaleke, a Financial Economist and a....

November 6, 2020 No Responses

NEPZA To Establish Special Economic Zone In Taraba

Nigeria Export Processing Zones Authority (NEPZA) is working toward establishing a special economic free zone in Taraba State. The Managing Director, Prof. Adesoji Adesugba, who made the development public on Thursday when Governor Darius &nbs...

September 21, 2020 No Responses

Economic Recovery: Heritage Bank Boss Seeks More Impactful Role In Banking

In the quest to aid speedy economic recovery and impactful service delivery to stakeholders caused by macro-economic headwinds and Covid-19, banking sector’s players have been charged to maximize the opportunities by re-strategizing its roles that will addre...

September 3, 2020 No Responses

NLC Rejects Hike In Fuel Price

The Nigeria Labour Congress (NLC) has rejected increase in Premium Motor Spirit (PMS), also known as petrol from N148. 50 per liter to N151.56 per litre. Reacting to the increase in a chat with News Agency of Nigeria (NAN), NLC...

September 1, 2020 No Responses

Heritage Bank To Stimulate Economic Growth With Youth Empowerment Schemes

As part of its further response to deal with the global economic challenge occasioned by COVID-19, Heritage Bank Plc has reiterated commitment to deepen its support to young entrepreneurs in Nigeria to grow their businesses either as start-ups or prospective.....

August 31, 2020 No Responses

LCCI To CBN: Review New Directive On Form “M”

The Lagos Chamber of Commerce and Industry (LCCI) has appealed to the Central Bank of Nigeria (CBN) to review its new directive on payments for imports in the interest of the Nigerian economy. In a statement on Sunday, Director-General, LCCI,...

August 18, 2020 No Responses

Bauchi Partners JAIZ Bank, To Boost Rice Production

Bauchi State Government is to partner JAIZ Bank and Tiamin Integrated Rice Company to boost rice production in the state. Governor Bala Mohammed made this known when the Managing Director of JAIZ Bank, Malam Hassan Usman and Chief Executive Officer...