Tag: Central Bank of Nigeria
Trapped Funds: Â CBN Releases $265m To Airlines
In a move to check a brewing crisis in the aviation sector, the Central Bank of Nigeria (CBN) has released $265 million to airlines...
Flights By Emirates From Nigeria To Be Suspended September 1
Middle East carrier, Emirates Airlines has officially announced that it will suspend all flights from Nigeria effective September 1, 2022.
The carrier cited ongoing difficulties...
Intervention Loans Rates Reversed To 9% By CBN
The Central Bank of Nigeria has reversed its five per cent intervention loans granted before July 20, 2022 to cushion the effect of COVID-19...
Loan Of N75.9b Given To Farmers In Two Months By CBN
The Central Bank of Nigeria (CBN) disbursed N75.9 billion loan to farmers between last November and December, under the Anchor Borrowers’ Programme (ABP).
The fund...
BDC Operators To CBN: Now’s Time To Abolish Official Exchange Rate
The Association of Bureaux Des Change Operators of Nigeria has urged the Central Bank of Nigeria to float the naira to halt its further...
Over N595bn Borrowed By Banks From CBN In Two Months
Banks borrowed N595.34bn from the Central Bank of Nigeria between January and February, data obtained by our correspondent have shown.
The CBN’s monthly economic report...
Credit Risk Regulations: CBN Sets August 1 For Enforcement
The Central Bank of Nigeria (CBN) has mandated the enrolment of other financial institutions (OFIs) on the credit risk management system (CRMS).
https://www.youtube.com/watch?v=JHbaW_E2F6E&t=11s
CBN gave the...
Open Banking: CBN Issues Guidelines To Boost Competition
The Central Bank of Nigeria has issued the regulatory framework for Open Banking in Nigeria in its efforts to enhance competition and innovation in...
Service Rendering: CBN Enlightens Nigerians On How To Report Banks When...
The Central Bank of Nigeria has released a guide for bank customers and others on how and where they can lodge complaints against financial...
Finally, Here Comes eNaira From CBN
At last, the Central Bank Digital Currency (CBDC) eNaira has taken off with over N500m of the currency minted so far.
The Central Bank of...
