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…

CBN approves N1.1tn to boost the economy

The Central Bank of Nigeria on Wednesday announced a N1.1tn intervention fund to support critical sectors…

CBN directs banks to restructure loan terms

The Central Bank of Nigeria on Monday announced policy measures to tackle the impact of coronavirus…

CBN cuts special interest rate to 5%

The Central Bank of Nigeria (CBN) has disclosed that the interest rates on all applicable apex bank’s…

CBN considers low interest rate to stimulate growth

The Central Bank of Nigeria (CBN) is condering interest rate cut to stimulate growth and protect…

Naira value falls as dollar sells above N400

The naira is facing one of its toughest times since 2017, the last time it was…

CBN to issue N512.7bn Treasury Bills

The Central Bank of Nigeria (CBN) has stated that it would issue N512.7 billion worth of…

CBN advises cashless transactions to avoid spread of coronavirus

Central Bank of Nigeria (CBN) has advised Nigerians to forego cash transactions and adopt alternative payment…

Banks to commence charges on transaction above N500,000

Banks across the country will on April 1 start imposing charges for cash transactions above N500,…

CBN gets new Deputy Governor

Kingsley Obiora has  assumed duty as Deputy Governor of the Central Bank of Nigeria (CBN). He…

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