The Central Bank of Nigeria has increased the capital requirements for microfinance banks in the country…
CBN
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…
CBN issues new forex circular to banks and BDCs
The Central Bank of Nigeria (CBN) has directed all commercial banks in the country to sell…
“Demand for New Naira Notes from Banks”-CBN
The trending circulation of torn and worn out Naira notes within the economy is no longer…
Pensioners demand payment of 2017 retirement benefits
MATTHEW OTOIJAGHA Federal Government Pensioners, who are under the Contributory Pension Scheme (CPS), have written…
Factors that motivate and sustain excess bank charges
There have been series of sad and uncomplimentary comments on banks in Nigeria concerning their practice…
CBN scraps extra fees on forex sales
The Nigeria’s Apex Bank has expressed optimism that the sequence of economic growth in the country would…
FG may allow marketers to sell petrol above N145
The Federal Government on Tuesday hinted that independent marketers might be allowed to sell petrol above…