Tag: Central Bank of Nigeria
Students Admonished By CBN To Pay School Fees With eNaira
The Central Bank of Nigeria (CBN) has advised students to use the eNaira platform to pay school fees and other payments.
The advice came during...
Why Foreign Textile Materials’ Importers Must Be Arrested – Dangote
Nigeria and Africa’s richest man, Aliko Dangote, has demanded that all dealers of foreign textile materials should be arrested by the Federal Government with...
Proposed Sale Of Polaris Bank Halted By House Of Reps
The House of Representatives has asked the Central Bank of Nigeria (CBN) to immediately suspend the planned sale of Polaris Bank Plc pending the...
New Temporary Loan Access Rules For Banks Set By CBN
The Central Bank of Nigeria (CBN) has set new rules on how banks can access loans from its discount window on auction days.
The new...
Support For Real Sector: CBN Disburses N2.1tr
The Central Bank of Nigeria (CBN) says it has disbursed N2.1 trillion to 426 projects to support the real sector of the economy.
Director, Corporate...
Over N2tn Disbursed To 426 Industries By CBN
The Central Bank of Nigeria has disbursed a cumulative sum of N2.10tn to 426 projects under its Real Sector Support Facility.
This was disclosed by...
Xpress Payments Granted Mobile Money License By CBN
A subsidiary of Xpress Holdings Limited, Xpress Payments, has been granted a mobile money operator license by the Central Bank of Nigeria.
According to a...
Unpaid N600bn Loans: CBN Goes After States, Farmers
The Central Bank of Nigeria (CBN) has begun an aggressive drive to recover the loans it gave out under its development finance interventions.
Top on...
Naira Card Transactions Abroad Suspended By Banks
Commercial banks have joined the Central Bank of Nigeria (CBN) in the fight to save the naira by reducing dollar spendings abroad.
Banks have announced...
CBN Expresses Worries Over Rate Cybercrime Is Affecting Nigerian Banks
A non-Executive Director of the Central Bank of Nigeria (CBN), Prof. Mike Obadan, has stated that the bane of the banking industry in Nigeria...
