Tag: Central Bank of Nigeria
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...
Promotion Of Entrepreneurship: CBN To Dole Out N500m To Schooling Youths
The Central Bank of Nigeria has said it will support youths in tertiary institutions with grants to promote entrepreneurship and reduce unemployment.
The CBN disclosed...
CBN To Nigerian Banks: Publish Names, BVN Of Forex Defaulters
The Central Bank of Nigeria (CBN) has directed all banks to publish names of customers who try to break the rules on Forex acquisition...
Boost For Food Security: CBN Disburses N1.487tr
The Central Bank of Nigeria (CBN) has disbursed N1.487 trillion under its various agricultural programmes to boost food security.
Its Governor, Mr Godwin Emefiele, made...
CBN Says Banks Can Offer Youths N2b Agric Loan At 5%...
The Central Bank of Nigeria (CBN) has authorized commercial banks to give up to N2 billion maximum loan to youths interested in going into...
