Financial Services
Bank of Industry Secures €2 Billion Loan to Boost Trade in Nigeria
The Bank of Industry (BOI) has achieved a landmark milestone, securing a €2 billion loan to bolster trade and trade-related...
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Federal Government Initiates National Youth Bank to Empower Nigerian Youth
The Federal Government has inaugurated a technical committee to lay the groundwork for the National Youth Bank, an initiative aimed...
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How to Report Cash Scarcity at ATMs and Bank Branches to CBN – See Directory and Procedure
In a bid to enhance access to cash through Over-The-Counter (OTC) withdrawals and Automated Teller Machines (ATMs), the Central Bank...
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CBN Launches Redesigned Website with Enhanced Features
The Central Bank of Nigeria (CBN) has announced the launch of its newly redesigned website, which will go live on...
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CBN Directs Banks to Dispense Cash, Encourages Nigerians to Report Banks Without Money in ATMs
The Central Bank of Nigeria (CBN) has mandated all deposit money banks (DMBs) to ensure efficient cash disbursement to customers...
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Accion Microfinance Bank’s Financial Inclusion Seminar, To Address Impact of Digital Lending on Informal Sector
Accion Microfinance Bank has announced the seventh edition of its Financial Inclusion Seminar, focusing on the impact of digital lending...
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CBN Raises Interest Rate To 27.50 Per Cent
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 27.50 per cent from 27.25 per...
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African Development Fund releases $99 million for rice value chains cultivations in West Africa
The Board of Directors of the African Development Fund has approved initial funding of $99.16 million to develop regional rice...
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FCMB and EStars Collaborate to Promote Esports Education in Nigerian Schools
First City Monument Bank (FCMB) has partnered with EStars to introduce esports education to Nigerian schools, aiming to equip students...
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CBN Warns Nigerians Against Rising SWIFT Transfer Scams; See Action plans for MSMEs and Individuals
The Central Bank of Nigeria (CBN) has issued a strong advisory to the public following a surge in fraudulent claims...
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