LAGOS SEPTEMBER 10TH (NEWSRANGERS)-President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) not to provide forex for the importation of food items or fertilizer. Speaking on Thursday at a meeting of the National Food Security Council at the State House in Abuja, the president urged private businesses bent on food importation to source…
LAGOS MAY 4TH (NEWSRANGERS)- The Central Bank of Nigeria (CBN) has barred banks from laying off workers due to the coronavirus. The apex bank corporate communications director Isaac Okorafor made the disclosure in a statement on Sunday. “In order to help minimize and mitigate the negative impact of the COVID-19 pandemic on families and livelihoods,…
By Godwin I. Emefiele, Governor of the Central Bank of Nigeria LAGOS APRIL 15TH (NEWSRANGERS) — As many people are now aware, the outbreak of the Novel Coronavirus Disease (COVID-19) in China has rapidly permeated and profoundly changed the world. While this crisis is first and foremost a public health issue, which has claimed the…
LAGOS MARCH 27TH (NEWSRANGERS)-Guideline for the disbursement of the N50 billion special intervention fund by the Central Bank of Nigeria (CBN) has been released. The fund is meant to serve as a stimulus package for households and small businesses to cushion the effect of the COVID-19 pandemic. Governor of the CBN, Mr Godwin Emefiele, had…