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COVID-19: CBN Disburses N253bn To 470 Households, 77,000 SMEs

The Acting Director Corporate communications Department of the Central Bank of Nigeria (CBN), Mr. Osita Nwanisobi, has said that the bank disbursed N253 billion...

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 of efforts to boost...

Apply NOW! COVID-19 Targeted Credit Facility Application Portal Re-Opened for New...

Nirsal Microfinance Bank has announced on twitter that the application portal  for the Targeted Credit Facility for COVID-19  which was launched last year as...

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 to increase banking sector...

300,000MT of Maize for Release in February 2021 in Nigeria, Price...

About 300,000 metric tonnes of maize are soon to be released into the Nigerian market from strategic anchors under the Anchor Borrowers' Programme (ABP)...

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 categorization system for the...

BoI Gets $1 Billion Loan to Help Businesses

Nigeria’s Bank of Industry has concluded a $1 billion three-year syndicated loan to support businesses and revitalize the industrial sector in the country. “The deal...

How to apply for CBN’s Solar Intervention Fund ( N500million Maximum)

The Central Bank of Nigeria has introduced a solar intervention fund that will offer obligors access to credit facility that will not exceed a...

N635bn disbursed to 608 Projects in Agric Credit Scheme – CBN

The total amount released by the Central Bank of Nigeria (CBN) to farmers under its Commercial Agriculture Credit Scheme (CACS) since inception stood at...

Microfinance Banks Seek N250bn from CBN to Support MSMEs

The outgoing President of the National Association of Microfinance Banks (NAMB), Mr Rogers Nwoke has made the call for the Central Bank of Nigeria...