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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...

CBN approves N50bn Intervention Fund for Textile Industry

The Central Bank of Nigeria (CBN) has approved N50billion intervention fund for the textile industry, which will be administered by the Bank of Industry...

CBN launches Grant to fund Infectious Diseases Research

The Governor of Nigeria’s Central Bank of Nigeria (CBN), Mr Godwin Emefiele has announced the  launch of  a grant to fund research for the...

60% of N220bn MSME Fund will be given to Women –...

As part of its developmental role and mandate of promoting a sound financial system, the Central Bank of Nigeria(CBN)  has disclosed that women will...

CBN Unveils Non-Interest Guidelines for AGSMEIS, AADS, MSME Development Fund and...

The Central Bank of Nigeria (CBN) has unveiled series of guidelines for Non-Interest Financial Institutions under its Agri-Business, Small and Medium Enterprise Investment Scheme...