Discover and read the best of Twitter Threads about #CBN
Most recents (24)
#CBN Governor, Mr. Godwin #Emefiele, launched the Financial Literacy eLearning Platform, #SabiMONI, with the declaration that the Bank is determined to meet the target of 95% financial inclusion by 2024. 1/5 
#SabiMONI portal will serve as a repository of information not only for learners and trainers but also for researchers in the most effective manner. 2/5
“#SabiMONI portal will help the Bank reach more people, make them aware of the benefits of financial products/services, increase the use of financial services, make better financial decisions and further drive Financial Inclusion’’ - Deputy Governor, FSS, Mrs. Aishah Ahmad. 3/5
[Alerte ail des ours]
Lundi 27 février se tenait une conférence de l'ethnobotaniste du #CBN Pyrénées, Raphaële Garetta. Au cœur de l’intervention : Allium ursinum, une plante sauvage très prisée des cueilleurs, et de plus en plus en vue dans la filière agro-alimentaire.
Lundi 27 février se tenait une conférence de l'ethnobotaniste du #CBN Pyrénées, Raphaële Garetta. Au cœur de l’intervention : Allium ursinum, une plante sauvage très prisée des cueilleurs, et de plus en plus en vue dans la filière agro-alimentaire.
Et le sujet n’est pas anodin. L’ail des ours est une ressource qui connaît une pression conséquente ces dernières années, en raison du regain d’intérêt pour les produits naturels, la cueillette sauvage et les préparations “maison”.
Un enthousiasme alimenté par un éventail de médias, chaînes youtube et autres coach nature, qui encouragent la consommation de plantes sauvages sans mettre en garde sur les précautions à prendre pour limiter les pressions sur ces ressources, ni sur les risques de confusion.
#CBN Governor, Godwin Emefiele delivers #CIBN Annual lecture; outlines policy thrust for 2023.
Emefiele expresses optimism that the short-term outlook of the Nigerian economy remains good.
Emefiele expresses optimism that the short-term outlook of the Nigerian economy remains good.
#CBN Governor urges Nigerians to find imaginative solutions to build a country where balanced growth and shared prosperity is guaranteed for all.
#Emefiele says monetary policy will remain focused on the objectives of price, monetary, and exchange rate stability.
#Emefiele says monetary policy will remain focused on the objectives of price, monetary, and exchange rate stability.
“We will maintain the current tight Monetary Policy stance in the near-term, especially in view of rising inflation expectations and exchange market pressures,” – Emefiele.
He projects that GDP growth rate will remain positive in the remaining quarter of 2022 and during 2023.
He projects that GDP growth rate will remain positive in the remaining quarter of 2022 and during 2023.
#NairaRedesign
During the pre-colonial era, different cultures used a variety of items as means of exchange. These included cowries, manilas, beads, bottles and salt amongst others.
The first major currency issue in Nigeria was undertaken sequel to the colonial ordinance of 1880
During the pre-colonial era, different cultures used a variety of items as means of exchange. These included cowries, manilas, beads, bottles and salt amongst others.
The first major currency issue in Nigeria was undertaken sequel to the colonial ordinance of 1880
which introduced the Shillings and Pence as the legal tender currency in British West Africa. The units of coins managed by the Bank of England were one shilling, one penny, 1/2 penny and 1/10 penny and were distributed by a private bank,
the Bank for British West Africa till 1912.
From 1912 to 1959, the West African Currency Board (WACB) issued the first set of banknotes (insert hyperlink) and coins in Nigeria, Ghana, Sierra Leone and the Gambia.
From 1912 to 1959, the West African Currency Board (WACB) issued the first set of banknotes (insert hyperlink) and coins in Nigeria, Ghana, Sierra Leone and the Gambia.
CBN ‘Ways and Means’ loan to the FG rise to N20 trillion as of June 2022
The Central Bank of Nigeria has extended a total sum of N19.9 trillion circa (N20 trillion) in loans to the Federal Government under its Ways and Means provision as included in the CBN Act.
Thread 1/9
The Central Bank of Nigeria has extended a total sum of N19.9 trillion circa (N20 trillion) in loans to the Federal Government under its Ways and Means provision as included in the CBN Act.
Thread 1/9
The Ways and Means provision allows the government to borrow from the Apex Bank if it needs short-term or emergency finance to fund delayed government expected cash receipts of fiscal deficits.
Provisions in the act cap monetary financing of fiscal deficits at 5%...
2/9
Provisions in the act cap monetary financing of fiscal deficits at 5%...
2/9
....of the prior year’s revenues.
However, since the government started experiencing a significant shortfall in revenue,
It has relied heavily on the central bank to finance its expenditure programs via Ways and Means.
According to the central bank’s....
3/9
However, since the government started experiencing a significant shortfall in revenue,
It has relied heavily on the central bank to finance its expenditure programs via Ways and Means.
According to the central bank’s....
3/9
Today marks 4 yrs of #IndiasGlocalLeader. So, here's a thread on how .@ncbn & #NTR's bonhomie grew.
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#ChandrababuNaidu was youngest minister in T. Anjaiah’s cabinet in 1980...
#ChandrababuNaidu #AndhraPradesh #Telangana #CBNBiography #JoharNTR #TDP .@JaiTDP #TeluguPolitics
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#ChandrababuNaidu was youngest minister in T. Anjaiah’s cabinet in 1980...
#ChandrababuNaidu #AndhraPradesh #Telangana #CBNBiography #JoharNTR #TDP .@JaiTDP #TeluguPolitics
Between 1980 & 1983, Naidu served as a minister with diverse portfolios - archives, cinematography,
technical education, animal husbandry & minor irrigation. A dynamic young man to some and
a leader to others, #ChandrababuNaidu rose rapidly in politics.
#IndiasGlocalLeader #CBN
technical education, animal husbandry & minor irrigation. A dynamic young man to some and
a leader to others, #ChandrababuNaidu rose rapidly in politics.
#IndiasGlocalLeader #CBN
#ChandrababuNaidu was a huge admirer of Nandamuri Taraka Rama Rao’s (NTR) films & adored him as a person. When he was minister for cinematography, Naidu met NTR’s son N. Jaykrishna (noted cinematographer) & sought to set up meeting with his fav actor.
#IndiasGlocalLeader #CBN
#IndiasGlocalLeader #CBN
The Central Bank of Nigeria has Announced a New FX Policy.
(Aka how to access dollars)
Here’s why you should care👇
(Aka how to access dollars)
Here’s why you should care👇
The Policy says that:
1. CBN would stop selling FX to Bureau de Change (BDCs) operators, aka the guy that sells dollars on the street.
2. CBN would also no longer issue new license to BDCs.
1. CBN would stop selling FX to Bureau de Change (BDCs) operators, aka the guy that sells dollars on the street.
2. CBN would also no longer issue new license to BDCs.
3. FX would now be channeled through commercial banks.
4. Banks would set up a desk to serve customers in need of FX
4. Banks would set up a desk to serve customers in need of FX
Thread: Before I release some correspondence between myself & others in regards to the committee & following #CaringWell I want to point out that some were acting on the only available action/directive they could, I do feel few were doing more behind the scenes & faced such+
opposition due to road blocks by higher authority & mass bullying (as said in Moore's letter) and I heard about that long before that was released, I'd posted many times about the "red tape" "roadblocks" because I knew that the opposition was fierce. Why? Because people like +
RonnieFloyd, Augie Boto, Paige Patterson etc.etc. do not want the lid of sexual abuse stories opened up for questions of handling because it would overthrow/disrupt their power structure. Please note this is why I say we need to tear it down to its roots, new leadership overhaul+
#Emefiele says 1tn Naira made available to manufacturing and agric sectors - 856bn has been disbursed to 77 companies; 36 Agro-based, 30 in services and 11 in mining tailored towards employment generating and output stimulating sectors of the economy at 5% interest rate. #CBNMPC
#MPC pushes for additional 100bn Naira for Targeted Credit Facility to stimulate growth.
#CBN Governor, #Emefiele says First Bank of Nigeria is one of Nigeria’s systemically important banks given its historical significance, balance sheet size, large customer base and high level of interconnectedness with other financial service providers. #FBN
#CBN reassures First Bank of Nigeria depositors, creditors and other stakeholders of the bank of its commitment to ensure the stability of the financial system.
Consistent with the global trend, Nigeria aspires to ensure that remittance flows and diaspora investments become a significant source of external financing. #Emefiele
#CBN strives to constantly improve our remittance infrastructure, ease the process of international money transfer and simplify the experience for senders and recipients. #Emefiele
In an effort to reduce the cost burden of remitting funds to Nigeria by working Nigerians in the Diaspora, the #CBN has introduced a rebate of N5 for every $1 of fund remitted to Nigeria, through IMTOs licensed by the CBN. The Scheme will take effect on the 8th of March 2021.
#Emefiele hosts the signing of local production contract between P&G and Colori Cosmetics Nigeria, for the localization of manufacturing of Oral B products by P&G in Nigeria, as part of commitment by the #CBN to strengthen the manufacturing sector.
Manufacturing industries have been a key focus of the efforts by the monetary and fiscal authorities towards driving recovery of the Nigerian economy. #Emefiele
Nigeria offers significant advantages for multinational manufacturing firms that choose to invest in domesticating their production lines in Nigeria. #Emefiele
#CBN Interventions in Cotton Textile and Garment sector is designed to resuscitate and return the Textile industries back to its glory days, creating jobs, diversifying Nigeria's economy and achieving self-sufficiency in cotton production.
Over N120b invested across CTG value chain with over 320,000 farmers financed between 2016 - 2020 #CBN
Expected output for seed cotton in 2020 is projected to be over 300,000 metric tons #CBN
ఎందుకీ మార్పు?
మోడీకి గారికి బిజేపికి మతిమరుపు లేదు !
@ncbn గారు.
“నీకు కుటుంబం,బంధాలు లేవు.మా హక్కులు కాలరాశారు.మాఅభివృద్ధిని ఒర్వేకపోతున్నారు.నీ కంటే నేను ముందే సియం,అయ్యాను.గుజరాత్ ని ఏం అభివృద్ధి చేసావు? మీరాష్ట్రం కంటే దక్షిణ భారత దేశంలో అన్ని రాష్ట్రాలు అభివృద్ధి చెందాయి?
మోడీకి గారికి బిజేపికి మతిమరుపు లేదు !
@ncbn గారు.
“నీకు కుటుంబం,బంధాలు లేవు.మా హక్కులు కాలరాశారు.మాఅభివృద్ధిని ఒర్వేకపోతున్నారు.నీ కంటే నేను ముందే సియం,అయ్యాను.గుజరాత్ ని ఏం అభివృద్ధి చేసావు? మీరాష్ట్రం కంటే దక్షిణ భారత దేశంలో అన్ని రాష్ట్రాలు అభివృద్ధి చెందాయి?
మీకు మేము బానిసలం కాదు.మీరు పబ్లిసిటీ పీఎం.మీరు పనిచేసే పీఎం కాదు. మాకు పనిచేసే పీఎం కావాలి” ఇవన్నీ సందర్భానుసారంగా 2018 మర్చి నుండి 2019 ఏప్రిల్ మధ్య మీరు మాట్లాడిన మాటలు బాబు గారు.
నేడు .. మీ వాఖ్యలు..!
“మీ సమర్ధ, శక్తివంతమైన నాయకత్వంలో దేశ భద్రత గణనీయంగా ఇనుమడించింది.
నేడు .. మీ వాఖ్యలు..!
“మీ సమర్ధ, శక్తివంతమైన నాయకత్వంలో దేశ భద్రత గణనీయంగా ఇనుమడించింది.
మన సాయుధ దళాలు నూతన విశ్వాసాన్ని పొందాయి.అంతర్గతంగా,ఉగ్రవాదులు మరియు ఉగ్రవాద శక్తుల నుండి వచ్చే ముప్పు తగ్గింది, దేశం వెలుపల సరిహద్దులు బలోపేతం చేయబడ్డాయి
ఇవి తాజా లేఖలో మీరు మోడీగారికి చేసిన భజన.
రాజకీయాల్లో మీరు,మీ పార్టీ
అవసరానుగుణంగా భజన చేయడం మీకు మామూలే .
ఇవి తాజా లేఖలో మీరు మోడీగారికి చేసిన భజన.
రాజకీయాల్లో మీరు,మీ పార్టీ
అవసరానుగుణంగా భజన చేయడం మీకు మామూలే .
🌻#ఆత్మీయులందరికీ #మంగళవారం #శుభోదయం 💝🌻🙏🌻💝...
🌻#CBN ఏమి కట్టాడు.... అనే వాళ్ళకు నా స్పష్టమైన సమాధానం 👇...
🌻 #సచివాలయం కట్టేశారు .. వాడుతున్నారు ..!!
🌻#శాసనసభ కట్టేశారు .. వాడుతున్నారు..!!
🌻#శాసనమండలి కట్టేశారు... వాడుతున్నారు..!!
#AndhraPradesh
🌻#CBN ఏమి కట్టాడు.... అనే వాళ్ళకు నా స్పష్టమైన సమాధానం 👇...
🌻 #సచివాలయం కట్టేశారు .. వాడుతున్నారు ..!!
🌻#శాసనసభ కట్టేశారు .. వాడుతున్నారు..!!
🌻#శాసనమండలి కట్టేశారు... వాడుతున్నారు..!!
#AndhraPradesh
#CBN and Bankers' Committee take over rehabilitation work at the National Theatre, Iganmu, Lagos.
Facility will help in unleashing the creative talents of Nigeria’s youths across multiple sectors and in supporting Mr.President's objective of creating new employment opportunities for Nigerians. #Emefiele
Harnessing the talents of our youths in the creative industries, will lead to the buildup of a more resilient economy #Emefiele
Thread:
#CBN Unveils plans to release a framework for the integration of non-interest window in all its intervention programmes
#CBN Unveils plans to release a framework for the integration of non-interest window in all its intervention programmes
particularly the Anchor Borrowers’ Programme (ABP) and the Targeted Credit Facility (TCF) to support households and Micro, Small and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic.
#CBN earmarks N432bn to fund the value chains of nine commodities in the 2020 wet season farming.
Thread:
#CBN develops framework for grants and long-term facilities to researchers, science institutions and biotechnology firms to develop Nigerian Vaccine for Corona Virus.
#CBN develops framework for grants and long-term facilities to researchers, science institutions and biotechnology firms to develop Nigerian Vaccine for Corona Virus.
#COVID19 #Emefiele says CBN will support development of vaccine ONCE validated by the Health Authorities
#Emefiele challenges Nigerian Scientists across the world to develop a Nigerian vaccine to check corona virus
#CBNResponsetoCOVID19 #COVID19 Emefiele, Bank Chiefs meet on March 21, 2020 to strategize on Stimulus Plan
#CBNResponsetoCOVID19 #COVID19 CBN to boost health sector with additional N100b loan
Thread:
CBN Gov, #Emefiele restates commitment of Central Bank of Nigeria to support household, businesses, other stakeholders to cushion economic impact of corona virus #CBNResponsetoCOVID19 #COVID19
CBN Gov, #Emefiele restates commitment of Central Bank of Nigeria to support household, businesses, other stakeholders to cushion economic impact of corona virus #CBNResponsetoCOVID19 #COVID19
CBN grants one-year moratorium on all principal repayments on all CBN intervention facilities #CBNResponsetoCOVID19 #COVID19Nigeria
CBN directs participating financial institutions to provide new amortization schedule for all beneficiaries of CBN intervention facilities #CBNResponsetoCOVID19 #COVID19Nigeria
A Thread
To guard against excess, unapproved or arbitrary charges by banks and other financial institutions, the Guide to Bank Charges stipulates a penalty of N2,000,000 per infraction
To guard against excess, unapproved or arbitrary charges by banks and other financial institutions, the Guide to Bank Charges stipulates a penalty of N2,000,000 per infraction
or as may be determined by the #CBN from time to time for financial institutions that breach any provision of the guide.
The guide also emphasizes that failure by any bank to comply with CBN’s directive in respect of any infraction shall attract a further penalty of N2,000,000 daily
A Thread
In a bid to encourage financial inclusion and to reduce the burden of bank charges on consumers of financial service
In a bid to encourage financial inclusion and to reduce the burden of bank charges on consumers of financial service
#CBN has issued a revised Guide to Charges by Banks, Other Financial and Non-Bank Financial institutions in response to the evolution in the financial industry over the last few years.
#CBN new guide includes, amongst others; downward review of charges for electronic banking transactions.
Review of other bank charges to align with market developments
Review of other bank charges to align with market developments
Effective from today, you will pay a huge fine for cash deposit or withdrawal above N500k individual or N3m corporate in Abia, Abuja, Anambra, Kano, Lagos, Ogun or Rivers State. Rest of the country will take effect from 31 March 2020.
It's worthy of note that this government is bent on inflicting more pains on average&poor Nigerians.
They want to charge both cashed&cashless(online) transactions.
So you don't have option any longer, next is to start keeping your money and boycott the bank,then arm robbers
They want to charge both cashed&cashless(online) transactions.
So you don't have option any longer, next is to start keeping your money and boycott the bank,then arm robbers
You might consider joining a 1st Nigerian digital cooperative platform investa.ng of @InvestaNigeria.
One kobo would not be deducted from your money, rather it increases because your money would be working for you and giving you returns.
Register today! #CBN
One kobo would not be deducted from your money, rather it increases because your money would be working for you and giving you returns.
Register today! #CBN
