Tag: Central Bank of Nigeria

100% cashless economy possible in Nigeria - Emefiele
Economy

FG inaugurates 35-hectare Imo farm estate

THE Federal Government has inaugurated the rehabilitated 35-hectare Achara-Ubo Emekuku Integrated Farm Estate in Imo State, engaging about 1,000 farmers in the project. It said the rehabilitated farm estate, which was abandoned for about 30 years, now had six poultry houses with 18 pens that contain about 15,000 birds, three goat houses with 196 goats […]

100% cashless economy possible in Nigeria - Emefiele
Policy and Regulations

CBN releases operating guidelines for R200 policy

The Central Bank of Nigeria has released guidelines for the operationalisation of its R200 policy. The apex bank recently initiated the R200 policy in an effort to reduce exposure to volatile sources of foreign exchange and to earn more stable and sustainable inflows. The policy is aimed at raising 200 billion dollars in Foreign Exchange […]