The nation’s external reserves are set to hit six months high of $45 billion before the…
CBN
Developing Nigeria’s private sector is key to sustainable growth – World Bank
Nigeria’s short-to-medium term growth outlook is constrained by a weak macroeconomic framework, policy uncertainty, and slow…
CBN Presents 2019 budget proposal to N/A
The Central Bank of Nigeria (CBN) has presented its 2019 budget proposal to the House of…
CBN sets new rule on money laundering
Central Bank of Nigeria (CBN) has introduced new rules to prevent money laundering in the country.…
FG approves posting of treasury officers to key revenue agencies
President Muhammadu Buhari has approved the posting of treasury officers from the Office of the Accountant-General of…
CBN to reveal institutions over forex infractions
The Central Bank of Nigeria has said it will partner with the Economic and Financial Crimes…
Diamond Bank Receives CBN Approval to Operate as a National Bank
The management of the bank on Monday 3rd of December 2018, notified the Nigerian Stock Exchange…
The Apex Bank retains MPR, warns against money laundering
The Central Bank of Nigeria (CBN) has retained its more than two-year Monetary Policy Rate (MPR)…
CBN reviews capital requirements for microfinance banks upward
The Central Bank of Nigeria has increased the capital requirements for microfinance banks in the country…
External reserves drop by $1.45bn in one month
Data obtained from the Central Bank of Nigeria on Monday showed that the nation’s foreign exchange…
CBN to examine new submissions and documentation over MTN transfer dispute
Nigeria’s Central Bank Governor Godwin Emefiele said on Tuesday he was optimistic the bank would…
CBN again holds rate at 14%
The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR), otherwise known…
NIRSAL develops new insurance product for farmers
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has developed a new insurance product…
“Spraying Naira is Punishable with 6 Months Jail Term” – CBN
According to the Central Bank Of Nigeria (CBN), spraying the Naira notes is an offense punishable…
Only One out of Every 128 MFBs has National Licence in Nigeria
Less than one percent of Microfinance Banks, MfBs, licenced by the Central Bank of Nigeria, CBN,…
CBN boosts credit facilities to female entrepreneurs
The Central Bank of Nigeria (CBN) has said it is partnering the National Centre for Women…
CBN orders banks to resolve USSD disputes in three days
The Central Bank of Nigeria (CBN) at the weekend directed all commercial banks to resolve disputes…
Fidelity Bank’s shareholders applaud $400m Eurobond
Shareholders of Fidelity Bank Plc, at the weekend, commended the lender for the success of its…