CBN
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CBN Naira Defence Depletes Foreign Reserves by $3.17bn In Q1
Forex scarcity due to falling crude oil price forced the Central Bank of Nigeria to access the country’s foreign reserves…
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Nigeria’s Foreign Reserves Increases by $1.22bn in 11 days
Foreign reserves gain $1.22bn in 11 days The Central Bank of Nigeria has indicated that Nigeria's foreign reserves have risen…
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CBN To Fund Nigerian COVID-19 Vaccine Research – Emefiele
The Central Bank of Nigeria on Tuesday said it “is developing a framework” through which it can provide financial support…
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How Healthcare Investors Can Access CBN’s N100bn Loan
The Central Bank of Nigeria (CBN) has announced required criteria for firms in the healthcare sector to access the N100bn…
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CBN, Bankers’ Committee Prevails On Banks To Suspend Laying Off Workers
The Central Bank of Nigeria (CBN) and the Bankers’ Committee have prevailed on banks by jointly agreeing to suspend sacking…
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CBN Extends Deadlines For Minimum Capital Compliance For Microfinance Banks
The Central Bank of Nigeria has extended the deadlines for compliance with the minimum capital requirements for Microfinance Banks (MFBs)…
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CBN’s N50bn Loans To SMEs, Others, To End 2024
The Central Bank of Nigeria has set December 31, 2024 as the exit date for its intervention loans to the…
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CBN Says Infrastructure Deficit, Forex Pressure May Worsen Inflation
The Governor of Central Bank of Nigeria, Mr Godwin Emefiele, has lamented over the infrastructural deficits and emerging pressures from…
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80,000 Loan Seekers Apply for CBN’s ₦50 billion Targeted Credit Facility
A total number of 80,000 loan seekers have applied for the N50 billion Targeted Credit Facility introduced by the Central…
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CBN Suspends Cheques Clearing Instruments Indefinitely Due to COVID-19
The Central Bank of Nigeria(CBN) in a circular released on Monday to all Deposit Money Banks and the Nigeria InterBank…
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