Business CBN approves dollar sales by Payment Service Banks Olusegun Kugbayi Oct 25, 2022 The Central of Nigeria (CBN) has released supervisory framework for Payment Service Banks. The framework among other things…
CBN Disburses N2.10trn For 426 Real Sector Projects Olusegun Kugbayi Oct 7, 2022 The Central Bank of Nigeria said it has supported the real sector of the nation’s economy with N2.10 trillion as project support…
Business Bank assets rise by 21% to N64.32tn – CBN Reporter Jul 4, 2022 Nigerian banks’ total assets rose by N11.15tn in one year to N64.32tn as of the end of April. Figures obtained from the Central…
Central Bank releases N3.5b for non-oil export rebates Olusegun Kugbayi Apr 15, 2022 The Central Bank of Nigeria (CBN) has released N3.5 billion as rebates for exporters of semi- and fully-processed non-oil…
Fidelity Bank backs CBN’s $200b non-oil exports target policy Admin Newsclickng Feb 28, 2022 Fidelity Bank Plc has reaffirmed its commitment to support the Central Bank of Nigeria’s (CBN) efforts to achieve its goal of $200…
CBN Seeks More Credit For Agricultural Sector To Boost Food Security Olusegun Kugbayi Feb 16, 2022 The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has revealed plans to increase credit to the agricultural…
CBN says fake N1000, N500 note declined in 2020 Olusegun Kugbayi Nov 7, 2021 The Central Bank of Nigeria (CBN) says the faking of higher denomination banknotes in Nigeria dropped 20.80 per cent in volume and…
Business CBN commits over N1.3trn to boosting economy Olusegun Kugbayi Oct 8, 2021 The Central Bank of Nigeria, CBN, has in the last one and half years, committed over N1.3 trillion to various intervention…
Business CBN selects technical partner for digital currency project Olusegun Kugbayi Aug 31, 2021 The Central Bank of Nigeria (CBN) has announced the formal engagement of the global Fintech company, Bitt Inc., as the Technical…
CBN to refund N35m capital deposits to BDC applicants Olusegun Kugbayi Jul 30, 2021 The Central Bank of Nigeria (CBN) on Thursday says it will start immediate refund of capital deposit to Bureaux de Change (BDC)…