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 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…
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…
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