Home > CBN

Report: National Theatre To Undergo N21 Billion Reconstruction

The National Art Theatre, Iganmu-Lagos State is set to undergo N21 billion reconstruction, courtesy of the Central Bank of Nigeria (CBN), Guardian reports. According to Guardian, the proposed work on the facility includes modernizing the design, ensuring general aesthetics, rehabilitating the lighting and cooling systems. The reconstruction is expected to be executed

Read More
Yemi Osinbajo

Cryptocurrency should be regulated, not prohibited – Osinbajo tells CBN

Vice president Yemi Osinbajo on Friday called for the regulation of cryptocurrencies in the country, as against the prohibition of digital currencies. “There is a role for regulation here,” Osinbajo said at the Bankers Committee Vanguard in Lagos State. “And it is in the place of both our monetary authorities and SEC

Read More
Buhari

FG accused of freezing accounts of Nigerians who promoted #EndSARS

The Federal government has been accused of freezing the bank accounts of Nigerians who promoted the #EndSARS protests. Nigerians took to the streets on October 8 to demand an end to the Special Anti-Robbery Squad unit of the Nigeria police and an end to police brutality. The protest took a different turn when

Read More
CBN criteria to access 50bn intervention

CBN SETS CRITERIA TO ACCESS N50bn COVID-19 INTERVENTION LOANS

The APEX Bank in the country has stated its set criteria for stakeholders interested in benefiting from the N50bn intervention loans for small and medium scale enterprises approved by the Federal Government. The Central Bank of Nigeria introduced the N50bn Targeted Credit Facility as a stimulus package to support households

Read More