MFBs, Others Contributed N2.79 trillion of Banking Industry Credit in 2021
Microfinance Banks(MfBs), Development Banks, merchant banks and mortgage banks (Other Financial Institutions - OFIs), in 2021 contributed N2.79 trillion representing ...
Tag: CBN
Central Bank of Nigeria to Launch Digital Currency Before December
The Central Bank of Nigeria (CBN) has disclosed plan to launch a digital currency before the end of this year. ...
CBN Licenses 10 More International Money Transfer Operators
The Central Bank of Nigeria (CBN) has granted operating licences to 10 additional international money transfer operators (IMTOs) as part ...
CBN increases target credit facility for households, MSMEs to N300 billion
The Central Bank of Nigeria (CBN) has set aside another increased the amount set aside for the Target Credit Facility ...
CBN Announces New Charges for USSD Services
The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data services. The ...
Apply NOW! COVID-19 Targeted Credit Facility Application Portal Re-Opened for New Applications
Nirsal Microfinance Bank has announced on twitter that the application portal for the Targeted Credit Facility for COVID-19 which was ...
CBN to Increase Agric Sector Lending to 10%
The governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has disclosed that the apex bank is set ...
CBN Approves New Categories of Licenses for Payment Systems
The Central Bank of Nigeria (CBN) has published a press releases on its website providing approval for a new license ...
CBN revokes licenses of seven payment service providers
The Central Bank of Nigeria (CBN) has revoked the operating licenses of seven payment service providers and one payment switching ...
WorldRemit Announces USD Payout Option In Nigeria
WorldRemit, a leading digital cross-border payments business has announced that its customers in Nigeria can now receive remittances in foreign ...
