Recapitalisation: CBN sets April 2022 as deadline for Microfinance Banks

Microfinance  Banks (MfBs) has been given a deadline of April 2022 by CBN to achieve N200…

COVID-19: CBN commences disbursement of N50bn intervention fund

The Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL) Microfinance bank, on behalf of the…

CBN extends recapitalisation deadline for Microfinance Banks

The Central Bank of Nigeria (CBN) has extended the deadlines for compliance with the revised minimum…

CBN resumes dollar sales for SMEs

The Central Bank of Nigeria (CBN) has resumed the provision of foreign exchange to banks to…

CBN lifts suspension on clearing of cheques

The Central Bank of Nigeria has lifted suspension on cheque clearing by the Deposit Money Banks.…

CBN to commence disbursement of N50bn COVID-19 funds

The Central Bank of Nigeria will commence the disbursement of N50bn credit facility on Thursday. The…

COVID-19 loans do not require processing fee -CBN

The Central Bank of Nigeria (CBN) has refuted claims in the social media circles that loan…

COVID-19: Banks to disinfect offices

The Central Bank of Nigeria, in an effort to avoid the spread of the coronavirus pandemic, …

CBN suspends forex sales to BDC operators

The Central Bank of Nigeria has granted a two- week market holidays to the Bureaux De…

COVID-19: CBN approves N50bn credit facility to SMEs, households

The Central Bank of Nigeria (CBN) has disclosed the guidelines that must be followed by individuals…

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