• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, October 3, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

CBN urges Nigerians to leverage on its interventions

CBN

The Matters Press by The Matters Press
April 27, 2022
Reading Time: 1 min read
0
Nigeria’s food monthly imports dip

CBN governor Emefiele

The Central Bank of Nigeria (CBN) has urged Nigerians to embrace its intervention programmes to promote financial stability and economic development.

RELATED POSTS

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Atiku’s hunger revolution, delusional – TMSG

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

The banks Director of Corporate Communications, Mr Osita Nwanisiobi, said this at the opening session of a two- day fair organised on Wednesday in Owerri by the CBN

Nwanisiobi, represented by the Deputy Director, Corporate Communications Department, Mr Sam Okogbue, said that the intervention programmes were aimed at business emancipation and poverty reduction.

Speaking on the theme, “Promoting Financial Stability and Economic Development”, Nwanisiobi said that the CBN had rolled out interventions in the agricultural, manufacturing and other sectors.

He said that the CBN’s Anchor Borrower’s programme was the nation’s saving grace for increased availability of rice during the heat of the COVID-19 pandemic.

“During the COVID-19 pandemic, rice was the most single popular component of our palliatives. This is a result of the CBN’s Anchor Borrower’s programme for rice farmers,” he said.

He said that Nigeria’s over-dependence on importation was a factor responsible for the fall in the exchange rate of the Naira.

He described the manufacturing sector as a life wire for economic development.

“No successful economy thrives on promotion of imported products over the exportation of locally manufactured products,” he said.

Speaking, Mrs Uchenna Onyene of the CBN’s Currency Operations Department, called on Nigerians to handle the Naira with care in line with the provisions of Section 21, Sub-section 4 of the CBN Act 2007.

She also urged Nigerians to embrace the CBN’s cash-less policy to reduce risk and promote seamlessness of transactions, adding that the bank was committed to ensure innovation in payments for better customer experience.

Tags: CBN
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s hunger revolution, delusional – TMSG

September 23, 2025
‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG
Economy/Technology

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025
2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
NBS reports increase in Inflation
Economy/Technology

Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎

September 17, 2025
Old pension scheme beneficiaries get a boost in entitlements
Economy/Technology

‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

September 14, 2025
Next Post
NESG calls for critical reforms to accelerate economic growth

NESG to enhance Nigeria’s financial environment

Global trade’ll grow to $30tn by 2030

Nigeria, UK commit to strengthening bilateral trade relations

Recommended Stories

Nigeria regains top crude oil production spot in Africa

Digital companies in partnership to revolutionise oil, gas

February 28, 2024
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021

World Bank fights corruption, sanctions 35 firms, individuals

October 13, 2022
Stable petrol supply excites Buhari

IPMAN protests security agencies’ harassment in Anambra

February 24, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎
  • Atiku’s hunger revolution, delusional – TMSG
  • ‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us