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 readingIn 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…
Continue readingThe figures released by the Central Bank of Nigeria (CBN) on Thursday showed that the country’s foreign reserves fell by $454.05m from $36.57bn on June 1 to $36.12bn on July…
Continue readingNigeria’s apex bank, The Central Bank of Nigeria (CBN) has further devalued the local currency (Naira) bowing to demand pressure. Bloomberg reported at the weekend that the CBN raised the…
Continue readingNigeria banks have applied to the Central Bank of Nigeria (CBN) for permission to restructure 33% of their loans due to the fallout from the coronavirus pandemic and a slump in oil…
Continue readingThe Central Bank of Nigeria (CBN) and the Bankers’ Committee, created the Agri-Business/Small and Medium Enterprise Investment Scheme AGSMEIS Loan, as an initiative to support the Federal Government’s efforts in the promotion…
Continue readingIn 2019, the Central Bank of Nigeria (CBN) in collaboration with the Bankers’ Committee developed a Creative Industry Financing Initiative (CIFI), also known as Creative Industry loan to boost job…
Continue readingThe Central Bank of Nigeria (CBN), is set to provide agricultural funding for about 1.6 million farmers during the 2020 wet planting season. The CBN stated it would support farmers…
Continue readingCENTRAL BANK OF NIGERIAwww.cbn.gov.ngTENDER NOTICECENTRAL BANK OF NIGERIA ON BEHALF OF DMO OFFERS NIGERIAN TREASURY BILLS Notice is hereby given by the Central Bank of Nigeria on behalf of DMO……
Continue readingThe Central Bank of Nigeria (CBN), has released a new directive to further enhanced the quality of service in Banks, especially as it relates to quick refunds of customers whenever…
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