• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Nigeria's Central Bank To Unveil New FX Bidding Regime

Nigeria’s Appetite For Foreign Goods Destroying The Naira- CBN

4 years ago
Nigeria Thump Tunisia In WAFCON Opener

Nigeria Thump Tunisia In WAFCON Opener

2 hours ago
2025 ITTF Tournament: Nigeria, Togo Target Titles’ Defence As West African Nations Storm Lagos

2025 ITTF Tournament: Nigeria, Togo Target Titles’ Defence As West African Nations Storm Lagos

3 hours ago
Ethiopia Imposes New Tax To Offset Loss From USAID Funding Freeze

Ethiopia, Nigeria Move To Scrap Visa Requirements For Diplomats, Officials

3 hours ago
Gabon’s Coup Leader and President Nguema Launches New Political Party

Gabon’s Coup Leader And President Nguema Launches New Political Party

5 hours ago
Pinnick: Ex-Nigeria Football Chief Returns To CAF

Pinnick: Ex-Nigeria Football Chief Returns To CAF

8 hours ago
Sunday, July 6, 2025
  • About
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Gabon’s Coup Leader and President Nguema Launches New Political Party

    Gabon’s Coup Leader And President Nguema Launches New Political Party

    Trump Demands Probe Of Subsidies Offered To Musk’s Firms

    After Fallout With Trump, Elon Musk Considers Floating Political Party

    Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

    Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

    Russia Becomes First To Recognise Taliban Government Of Afghanistan

    Russia Becomes First To Recognise Taliban Government Of Afghanistan

    Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

    Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

    ADC: Major Shake-Up In Nigerian Politics As Top Figures Unite

    ADC: Major Shake-Up In Nigerian Politics As Top Figures Unite

    Tanzania: Prime Minister Majaliwa To Step Down

    Tanzania: Prime Minister Majaliwa To Step Down

    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

  • Economy
    Namibia Suspends State Funerals Following Criticism Over High Costs

    Namibia Suspends State Funerals Following Criticism Over High Costs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    Senegal Moves To Reduce Reliance On Foreign Lenders, Targets Improved IGR

    Senegal Promises To Clear Undeclared Debt Incurred By Past Administration

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    US-Africa Summit Wraps Up with Trade and Investment Deals Worth Over $2.5 Billion

    US-Africa Summit Wraps Up With Trade And Investment Deals Worth Over $2.5 Billion

    S/Africa Introduces $54 Million Incentive To Boost Local Manufacturing Of EVs

    South Africa Secures $474.6 Million Loan From AfDB To Boost Energy Transition

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Gabon’s Coup Leader and President Nguema Launches New Political Party

    Gabon’s Coup Leader And President Nguema Launches New Political Party

    Trump Demands Probe Of Subsidies Offered To Musk’s Firms

    After Fallout With Trump, Elon Musk Considers Floating Political Party

    Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

    Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

    Russia Becomes First To Recognise Taliban Government Of Afghanistan

    Russia Becomes First To Recognise Taliban Government Of Afghanistan

    Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

    Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

    ADC: Major Shake-Up In Nigerian Politics As Top Figures Unite

    ADC: Major Shake-Up In Nigerian Politics As Top Figures Unite

    Tanzania: Prime Minister Majaliwa To Step Down

    Tanzania: Prime Minister Majaliwa To Step Down

    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

  • Economy
    Namibia Suspends State Funerals Following Criticism Over High Costs

    Namibia Suspends State Funerals Following Criticism Over High Costs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    Senegal Moves To Reduce Reliance On Foreign Lenders, Targets Improved IGR

    Senegal Promises To Clear Undeclared Debt Incurred By Past Administration

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    US-Africa Summit Wraps Up with Trade and Investment Deals Worth Over $2.5 Billion

    US-Africa Summit Wraps Up With Trade And Investment Deals Worth Over $2.5 Billion

    S/Africa Introduces $54 Million Incentive To Boost Local Manufacturing Of EVs

    South Africa Secures $474.6 Million Loan From AfDB To Boost Energy Transition

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Nigeria’s Appetite For Foreign Goods Destroying The Naira- CBN

September 6, 2021
in Economy, Top Stories
0
Nigeria's Central Bank To Unveil New FX Bidding Regime

CBN Governor Godwin Emefiele.

0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

 

By Chioma Iruke

Relatedreading

Nigeria Thump Tunisia In WAFCON Opener

2025 ITTF Tournament: Nigeria, Togo Target Titles’ Defence As West African Nations Storm Lagos

Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has decried that the appetite for foreign goods by Nigerians is seriously destroying the Naira.

This was disclosed by the Director, Corporate Communications Department, CBN, Osita Nwanisobi, at a one-day interactive session with the organised labour and civil society on the five-year policy thrust of the CBN.

Nwanisobi said the apex bank implemented roughly 37 intervention programs, primarily in agriculture, to grow the economy, lower inflation, and create more jobs for the youth.

“But I think what we have to know about interventions of the CBN is that they are purpose-driven, they are functionally based and it is also well thought out like I have always said. The CBN interventions are borne out of the critical issues within our economic space.

“We are here to discuss about CBN policies and intervention programmes with some significant stakeholders in this country. Our mission is to speak to workers’ leaders on what we are doing in Central Bank and they will be able to take the message back to their people with the language they will understand so that they will be at pace with what we are doing in CBN.

“We know the issues of insurgency, insecurity, exchange pass through, issues of price adjustment in terms of power or fuel and others. All of these parked together is what we are seeing as inflation today. That is also why CBN is doing massive intervention especially in agriculture,” he stated.

Tags: CBNGodwin EmefieleMuhammadu BuhariNaira
ShareTweetSend
Previous Post

12 Things You Should Know About Guinea’s Coup Leader, Mamady Doumbouya

Next Post

Scientists Uncover 55 Long Term Effects of COVID-19

Related Posts

Nigeria Thump Tunisia In WAFCON Opener

Nigeria Thump Tunisia In WAFCON Opener

July 6, 2025
2025 ITTF Tournament: Nigeria, Togo Target Titles’ Defence As West African Nations Storm Lagos

2025 ITTF Tournament: Nigeria, Togo Target Titles’ Defence As West African Nations Storm Lagos

July 6, 2025

Ethiopia, Nigeria Move To Scrap Visa Requirements For Diplomats, Officials

Gabon’s Coup Leader And President Nguema Launches New Political Party

Pinnick: Ex-Nigeria Football Chief Returns To CAF

After Fallout With Trump, Elon Musk Considers Floating Political Party

Next Post
Scientists Uncover 55 Long Term Effects of COVID-19

Scientists Uncover 55 Long Term Effects of COVID-19

Please login to join discussion
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Nigeria Thump Tunisia In WAFCON Opener

Nigeria Thump Tunisia In WAFCON Opener

July 6, 2025
2025 ITTF Tournament: Nigeria, Togo Target Titles’ Defence As West African Nations Storm Lagos

2025 ITTF Tournament: Nigeria, Togo Target Titles’ Defence As West African Nations Storm Lagos

July 6, 2025
Ethiopia Imposes New Tax To Offset Loss From USAID Funding Freeze

Ethiopia, Nigeria Move To Scrap Visa Requirements For Diplomats, Officials

July 6, 2025
Gabon’s Coup Leader and President Nguema Launches New Political Party

Gabon’s Coup Leader And President Nguema Launches New Political Party

July 6, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Nigeria Thump Tunisia In WAFCON Opener

July 6, 2025

2025 ITTF Tournament: Nigeria, Togo Target Titles’ Defence As West African Nations Storm Lagos

July 6, 2025

Ethiopia, Nigeria Move To Scrap Visa Requirements For Diplomats, Officials

July 6, 2025

Gabon’s Coup Leader And President Nguema Launches New Political Party

July 6, 2025

Pinnick: Ex-Nigeria Football Chief Returns To CAF

July 6, 2025

After Fallout With Trump, Elon Musk Considers Floating Political Party

July 6, 2025

US: Death Toll In Texas Flooding Hits 51, 27 Girls Still Missing

July 6, 2025

JUST IN: African Champion Kolawole Crushes American, Others To Win Spanish Grand Prix Gold

July 5, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

From Hope To Fear: Kenya Joins East Africa’s Crackdown On Free Expression

AfDB Set For A New President, As Ould Tah Gains Continental Endorsement

How Dangote Is Turning Trump’s Trade War Into Africa’s Opportunity

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • Privacy Policy

© 2024 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • About HT
  • Contact us

© 2024 Heritage Times (HT) Media.

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