CBN Plans to Enhance Credit Facility with Technology The Central Bank of Nigeria disclosed plans to enhance local credit facility with Technology. “The bank will explore...
CBN: Finance Houses Can Access N220b MSME Cash The Central Bank of Nigeria (CBN) said Finance Houses can now access N220 billion Micro Small and Medium...
CBN to Track, Stop Bad Debtors from Further Borrowing The Central Bank of Nigeria is planning to introduce a new mechanism, called the Global Standing Instruction,...
CBN Stops Forex for Fertiliser Importation The Central Bank of Nigeria has included fertiliser on the list of 41 import items classified as ‘not valid for...
CBN Targets Youths in New Loan Policy The Central Bank of Nigeria (CBN) and the Bankers’ Committee have agreed to set up a committee headed by...
Microfinance Banks Charging Outrageous Interest Rates on Loans — CBN The Central Bank Governor, Godwin Emefiele, has said that microfinance banks in the country are charging...
FG Recorded N66.51bn Deficit in October – CBN The Federal Government’s collected revenue fell by 38.4 per cent in October, and it recorded a deficit of...
Nigeria’s inflation rate is expected to rise to about 11.4 per cent for the rest of this year till mid-2019, the Central Bank of Nigeria has...
Naira Drops Slightly Against Dollar, Exchanges at N364.22 The Nigerian Naira declined slightly against the US dollar on Tuesday at the investors’ window to exchanged at...
Poor Access to Finance Threatens Livestock Farmers – CBN Lack of access to finance from formal financial institutions has been identified as a major threat to...