CBN POLICY MEASURES IN RESPONSE TO COVID-19 OUTBREAK AND SPILLOVERS
CBN POLICY MEASURES IN RESPONSE TO COVID-19 OUTBREAK AND SPILLOVERS
IMPACT OF COVID-19 ON THE ECONOMY ON INTEREST RATES ON NIGERIA ECONOMY
The Central Bank of Nigeria has announced its first set of policies to cushion the negative impact the deadly coronavirus on Nigerian businesses and economy. The CBN governor, Godwin Emefiele, announced in Abuja that the interventions included the immediate cut on interest rates of all applicable CBN intervention facilities from nine per cent to five percent per annum for […]
FBNQuest holds 5th yearly General Meeting, reports ₦4.2 billion PBT
FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, has declared a profit before tax (PBT) of ₦4.15billionfor the year ended 31st December 2019. This represents a 48 percent increase from the₦2.8 billion recorded in the previous year, as reported by the Chairman of the Board of Directors,Mallam Bello Maccido,at […]
BUHARI NOMINATES KINGSLEY OBIORA AS CBN DEPUTY GOVERNOR
President Muhammadu Buhari has sent the name of Dr Kingsley Isitua Obiora to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria, CBN. Buhari’s nomination of Obiorah was contained in a letter sent to the President of the Senate, Ahmad Lawan. A statement signed and sent to DAILY POST by Buhari’s […]