CBN issues guidelines on establishment of Subsidiaries and SPVs

The Central Bank of Nigeria (CBN) has issued guidelines to Development Finance Institutions (DFIs) on the establishment…

CBN to secure reserves against UK $9bn court ruling

The Central Bank of Nigeria (CBN) on Monday it will strive to protect the country’s currency…

Nigeria to save $20bn from food import ban

Data obtained from the Central Bank of Nigeria (CBN) has shown that the implementation of the…

CBN targets 95% financial inclusion rate in five years

The Central Bank of Nigeria (CBN) Governor and Chairman of the National Financial Inclusion Steering Committee,…

AMCON’s debt to CBN rises to N5.5tn

The Asset Management Corporation of Nigeria (AMCON) has said its debt to the Central Bank of…

CBN confirms licensing of three new banks in Nigeria

The Central Bank of Nigeria (CBN) has finally confirmed the licensing of three new banks. This…

Access Bank plans more funding for creative industry

Access Bank Plc has reiterated its commitment to lending more to the Creative Industry. The lender’s…

First Bank promotes financial inclusion

First Bank of Nigeria Limited said it now has over 27,000 agents on its Firstmonie Agent…

New capital base coming for banks- Emefiele

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele on Monday said banks are to be…

CBN to sanction  naira abusers

The Central Bank of Nigeria (CBN) has begun clamping down on naira note abusers across the…

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