Mobile Money: CBN Requests N5bn Capital Investment From Telcos The Central Bank of Nigeria has asked telecommunications companies that intend to deepen financial inclusion in the...
E-payment Reduces Currency Outside Bank — CBN The preference for electronics payment above cash is further driving down the currency outside the banks, data from the...
850,000 Farmers Benefit from Anchor Borrowers Programme – CBN The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said that over 850,000 farmers...
CBN Warns On Impending Threats In The Banking Sector The Deputy Governor, Corporate Service Department of the Central Bank of Nigeria (CBN), Mr Edward Adamu in a...
Dollar Sales by BDCs Jump 163% in 6 Months Sales of US dollar to the Bureau De Change Operators (BDCs) across the country rose by 163 percent...
CBN Releases N38.53 Billion to NEMSF Power firms In Six Months The Central Bank of Nigeria (CBN), in an economic report, has made known that a...
FG Spends N16 Billion on TSA Transactions in Two Years The Federal Government has spent a total of N16 billion on all service charges incurred on...
Foreign Investment Falls as Two Global Banks Leave Nigeria The Hongkong and Shanghai Banking Corporation (HSBC) and the United Bank of Switzerland (UBS), have closed their...
Nigeria’s Foreign Exchange Reserves Plunge to 8-Month Low Falling capital importation and weak business sentiment continued to weigh on Nigerian foreign reserves, according to data from...
New TSA Model: Payers to Bear Service Charges According to a report on the stakeholders’ sensitization programme on Treasury Single Account (TSA), held on Wednesday by...