COVID-19: CBN, Bankers’ committee suspend retrenchment of banks’ staff
The Central Bank of Nigeria (CBN) and Bankers’ Committee on Sunday suspended retrenchment or laying-off of any staff of banks, whether full or part time. The CBN Director, Corporate Communications…
CBN resumes dollar sales, to provide over US$100mn weekly to banks for SMEs, School fees
The Central Bank of Nigeria (CBN) has resumed the provision of foreign exchange to banks to enable parents pay school fees and to allow Small and Medium Enterprises make essential…
CACOVID monetary donations now N25.8bn – CBN
The Central Bank of Nigeria (CBN) on Friday said that monetary contributions to its relief fund under the auspices of Private Sector Coalition Against COVID-19 (CACOVID) had risen to N25.8…
Nigeria’s external reserves shoots up to $46 billion, says CBN
The Central Bank of Nigeria (CBN) says Nigeria’s External Reserves is steadily growing and currently stands at 46 billion dollars. CBN Spokesman, Isaac Okoroafor, said in a statement on Sunday…