Tag: CBN
Flutterwave, Wema Bank, and Kadavra BDC Introduce ‘Swap’: Digital FX Solution...
Flutterwave, Africa's leading payments technology company, has joined forces with Wema Bank and Kadavra BDC to launch 'Swap', a cutting-edge digital FX solution. Endorsed...
CBN Ends 25-Month Ban on FX Sales by Bureau De Change...
In a significant move aimed at stabilizing Nigeria's fluctuating foreign exchange (FX) market, the Central Bank of Nigeria (CBN) has introduced new guidelines for...
Central Bank of Nigeria Introduces Forex Price Verification System to Streamline...
In a move aimed at enhancing transparency and efficiency in the foreign exchange landscape, the Central Bank of Nigeria (CBN) has unveiled the Foreign...
NNPCL denies intentions of increasing fuel pump prices at retail stations
In a bid to address growing apprehensions among Nigerians, the Nigerian National Petroleum Company Limited (NNPCL) has vehemently denied any intentions of hiking fuel...
Central Bank of Nigeria Reveals Audited Accounts: Records N103.8 Billion Profit...
The Central Bank of Nigeria (CBN) has, at last, unveiled its long-anticipated audited accounts spanning seven years. The recently disclosed figures for the financial...
40% of Nigerian MSMEs are Owned by Women; NBS
A groundbreaking study conducted by Small Firm Diaries and published by the National Bureau of Statistics (NBS) has shed light on the ownership landscape...
House of Rep Urges CBN to Suspend Implementation of Social Media...
The House of Representatives has called on the Central Bank of Nigeria (CBN) to suspend the implementation of its directive to commercial banks regarding...
Nigerian Banks Experience Significant Asset Growth and Increased Industry Credit, Boosting...
In an encouraging development for Nigeria's Micro, Small, and Medium Enterprises (MSMEs), Nigerian banks have witnessed a remarkable surge in total assets, soaring by...
Old Naira Notes can still be exchanged after Deadline, Emefiele says
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the CBN will continue to accept old naira notes after the latest deadline.
Emefiele...
N75b agricultural loan disbursed to Farmers, says CBN
The Central Bank of Nigeria (CBN), under the Anchor Borrower's Programme (ABP), has disbursed N75.9 billion loan to farmers between November and December 2021.
The...