The figures from the Central Bank of Nigeria have revealed that the country’s external reserves dropped by $50.84m from $35.75bn as of October 2 to $35.69bn as of October 12….
Continue readingThe Central Bank of Nigeria, CBN, has disclosed that it spent N75 billion to print banknotes in 2019. The apex bank disclosed these in its Currency Operation Department Annual Report…
Continue readingMonetary Policy Committee (MPC) member, Sanusi Aliyu Rafindadi, has revealed that report has shown significant progress in the implementation of the CBN’s COVID-19 intervention funds, saying the Central Bank of…
Continue readingThe Central Bank of Nigeria (CBN) in its bid to ensure that businesses across all sectors of the country economy sustain their operations aftermath the COVID-19 pandemic, introduced several loan…
Continue readingPresident of National Association of Small and Medium Enterprises (NASME), Prince Degun Agboade, has said many MSMEs are going into oblivion, claiming that only sixteen members of the association benefitted…
Continue readingThe Central Bank of Nigeria (CBN) has devalued the Naira against other foreign currencies. This will be the second time in 2020, that the apex bank, will devalue the Naira,…
Continue readingThe Central Bank of Nigeria (CBN) has announced that 60% of N220bn Micro, Small and Medium Enterprises Development Fund (MSMEDF Loan) SME Fund will be given to women. The apex…
Continue readingCENTRAL BANK OF NIGERIA ON BEHALF OF DMO OFFERS NIGERIAN TREASURY BILLS DEADLINE: 30TH JULY, 2020 Notice is hereby given by the CENTRAL BANK OF NIGERIA on behalf of DMO……
Continue readingThe Central Bank of Nigeria (CBN) has introduced the Non-Oil Export Stimulation Facility (NESF) fund to diversify the revenue base of the economy and to expedite the growth and development…
Continue readingAfter identifying the huge financing gap which hinders the development of MSMEs, the Central Bank of Nigeria (CBN) as part of its developmental role and mandate of promoting a sound…
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