CBN hq

“CBN spends $15.9 billion in 9-month on forex interventions”

The Central Bank of Nigeria (CBN) has spent $15.9 billion in nine months on its weekly foreign exchange (forex) intervention, the Managing Director, Afrinvest Securities, Ayodeji Ebo, said yesterday. Ebo, who stated this Thursday in Lagos at the Finance Correspondents Association of Nigeria (FICAN) discourse on Economic Outlook , said the figure was an improvement […]

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Egg production scheme gets CBN ₦10 billion intervention

The National Egg Production Scheme (NEGPRO) which targets 50 million daily egg production has attracted ₦10 billion intervention from the Central Bank of Nigeria (CBN). The programme aimed at developing the poultry sector would be piloted in six states selected from six-geopolitical zones on their comparative advantage and readiness to key into the scheme. The […]

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