Rice Farmers under the aegis of Rice Farmers Association of Nigeria, RIFAN have commended Unity Bank Plc for the pivotal role it played in facilitating credit...
The Osogbo Branch of Central Bank of Nigeria on Wednesday said it had guaranteed loans running into N2.4bn for over 14,000 farmers since the branch commenced...
The Central Bank of Nigeria on Monday March 22, 2021 released the names of the 47 approved International Money Transfer Operators (IMTOs). Below are the 47...
The Central Bank of Nigeria has extended the deadline for the submission of final proposals for expressions of interest for appointment as independent infrastructure asset manager...
The CBN says it has disbursed over N85 billion to no fewer than 80 projects, under its Healthcare Credit Support scheme, the bank’s Director of Development...
The new “Naira 4 Dollar” initiative was introduced because of the failure of the diaspora remittance policy announced in November 2020, when the apex bank adjusted...
CBN to Pay Receivers of Diaspora Remittances N5 for Every $1 Received In a desperate move to encourage diaspora remittances, the Central Bank of Nigeria (CBN)...
Central Bank Extends One-Year Moratorium by 12 Months The Central Bank of Nigeria (CBN) has extended the repayment of its discounted interest rate on intervention facility...
Banks Cut Borrowings From CBN Over Excess Liquidity Deposit Money Banks have continued to reduce their borrowings from the Central Bank of Nigeria. The CBN attributed...
Ambrose Omordion is one of the ubiquitous experts providing deep analyses of market trends in the Nigerian capital market. He is the Chief Research Officer (CRO)...