We spend N75bn to print banknotes in 2019 – CBN
The 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…
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We Have Disbursed N338.6b COVID-19 Intervention Funds So Far – CBN
Monetary 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 readingDetailed List of CBN Loans and Fund Interventions For SME Businesses and Agriculture – Plus Application Guidelines
The 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 readingWe Only Have Sixteen (16) Members Who Benefited From CBN COVID-19 Loan – NASME
President 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 readingCBN Devalues Naira Again, Official Exchange Rate Now N380/$1
The 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 reading60% of N220bn SME Fund (MSMEDF Loan) Will Go to Women – CBN
The 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- Dutch Auction Of Nigeria Treasury Bills
CENTRAL 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 readingDetailed Guidelines on How to Access CBN Fund for Non-Oil Export Sector (NESF)
The 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 readingBasic Guidelines on How to Access CBN MSMEDF Loan – Micro, Small and Medium Enterprises Development Fund
After 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…
Continue readingDetailed Requirement on How to Access CBN Non-Interest Accelerated Agricultural Development Scheme (AADS Loan)
In furtherance of its pivotal role in providing funding to assist the critical sector of the Nigerian economy, the Central Bank of Nigeria (CBN) has introduced a Non-Interest Accelerated Agricultural…
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