Tag Archives: Central Bank Of Nigeria Governor

Currency scarcity: CBN issues traders with lower naira notes

The Central Bank of Nigeria has commenced the disbursement of smaller naira notes to traders in order to improve upon the circulation of N5, N10, N20, and N50 in the economy. The acting Director, Currency Operations Department, Priscilia Eleje, said this at a publicity campaign on “Disbursement of Lower Denominations of the Naira’’ in Wuse Market, Abuja, on Tuesday. She ...

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Ondo inaugurate N42b egg powder plant

A N42 billion egg powder plant has been inuagurated in Ondo State under a Public Private Partnership (PPP) arrangement between the state government and Greenfield Assets Limited. The plant, which is to be situated at Emure-Ile, near Owo, will provide 25,000 new jobs, a foreign exchange earnings of $1 billion in addition to increased incomes for poultry farmers in Nigeria. ...

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