SEC to collaborate with CBN on digital assets regulation

The Securities and Exchange Commission (SEC) is partnering with the Central Bank of Nigeria (CBN) to…

CBN orders banks to accept travel documents, refugee ID for transactions

The Central Bank of Nigeria (CBN) has instructed commercial banks and other financial institutions to accept…

CBN approves N200bn housing loan

The Central Bank of Nigeria (CBN) has approved N200 billion as mortgage finance loan to Family…

CBN cuts interest rate on savings deposits to 1.25%

The Central Bank of Nigeria (CBN) has directed deposit money banks in Nigeria not to pay…

CBN gives Guidelines for Healthcare Research and Development Grant

The Central Bank of Nigeria (CBN), as part of its policy response to the COVID-19 pandemic,…

CBN approves N432bn non-interest loans to farmers

The Central Bank of Nigeria (CBN) has approved the disbursement of some N432 billion non-interest loans…

COVID-19: CBN waives requirement for loan application

The Central Bank of Nigeria (CBN) has waived the requirement for the provision of guarantors by…

CBN gives guidelines on grants for healthcare research and development

The Central Bank of Nigeria (CBN), as part of its policy response to the COVID-19 pandemic,…

CBN Revises Timelines for Dispense Errors, Refund Complaints

The Central Bank of Nigeria (CBN), in its determination to further enhance service quality, particularly quick…

CBN restructures credit facilities in Other Financial Institutions (OFIs)

The Central Bank of Nigeria (CBN) has reduced interest rates on its facilities through participating Other…

CBN assures foreign investors of safe funds transfer

The Central Bank of Nigeria (CBN) has assured that, foreign investors wishing to repatriate their funds…

COVID-19: CBN to fund pharmaceutical firms to boost local drug production

The Central Bank of Nigeria (CBN) and the Bankers Committee have announced a list of local…

FG generates N1.7tn from VAT in 12 months

The Federal Government between January and December 2019, generated the sum of N1.17tn from Value Added…

Fiscal Deficit hits N4.62tn in 2019- CBN

The Federal Government recorded a fiscal deficit of N4.62tn in its operations in the 2019 fiscal…

Central Bank of Nigeria appoints new directors

The Central Bank of Nigeria (CBN) has announced the appointment and redeployment of some directors. A…

Access Bank establishes subsidiary in Cameroon

Access Bank has notified the Nigerian Stock Exchange of its intention to establish a subsidiary in Cameroon,…

Nigeria debt service hits $1.31 billion

Data obtained from Central Bank of Nigeria (CBN) showed that Nigeria spent $1.31 billion to service…

CBN’s new bank charges commences in January

The new Central Bank of Nigeria (CBN) regime of banking charges against customers for services rendered is expected…