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Tag : Central Bank of Nigeria

Business

Former CBN director urges government to intensify efforts to strengthen nation’s economy

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Dr Titus Okunrounmu, a former Director, Budgetary Department of the Central Bank of Nigeria (CBN) has called on the Federal Government to redouble efforts in...
Business

PAGMI: CBN’s purchase of locally produced gold’ll boost foreign reserves

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The Presidential Artisanal Gold Mining Development Initiative, PAGMI, has assured that Central Bank of Nigeria’s purchase of locally produced gold will boost the nation’s foreign...
Business

Expert: Revival of ailing industries will strengthen currency

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Mr Promise Amahah, an economic expert says revamping ailing industries and economic diversification in the country will help to strengthen the value of the Naira...
Business

Banks implement new CBN guidelines on debt recovery

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Deposit Money Banks on August 1 commenced the implementation of the Central Bank of Nigeria’s Global Standing Instruction which allows them to recover outstanding debts...
Business

GSI: Banks notify customers of move to seize debtors’ funds

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As the Global Standing Instruction (GSI) policy of the Central Bank of Nigeria (CBN) came into force at the weekend, many commercial banks have notified...