FG inaugurates committee to boost MSME financing in Nigeria, approves loan scheme
The National Council on Micro, Small, and Medium Enterprises (MSMEs) has constituted a high-level committee to interface with the Central ...
Tag: CBN
CBN orders Nigerian Banks to cut insider loans within six months
Nigeria’s banking regulator has issued a sweeping directive mandating commercial banks to comply with stricter insider lending limits or risk ...
Expert calls for halt in interest rate hikes by CBN’s Monetary Policy Committee
The Centre for the Promotion of Private Enterprise (CPPE) has called upon the Monetary Policy Committee (MPC) of the Central ...
Digitalization: CBN to expand financial access for underserved communities in Nigeria – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to leveraging digitalization ...
Cardoso seeks stronger economic ties with Middle East, highlights FX and banking reforms
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for deeper economic ties between Nigeria and ...
CBN announces Monetary Policy Committee Meeting in local languages
The Central Bank of Nigeria (CBN) has used four indigenous languages - Yoruba, Hausa, Igbo, and Pidgin to announce the ...
Nigeria’s capital inflow drops to $1.63 billion in November 2024 – CBN
Nigeria’s capital inflow dropped to $1.63 billion in November 2024, reflecting a 13.8% decline from October’s $1.89 billion.
CBN: 75% of Nigerian businesses struggle with high interest rates in January 2025
About 75% of businesses have identified high interest rates as their primary operational constraint in January 2025.
ATM charges: Bank customers decry CBN’s increased ATM withdrawal charges
Bank customers in Nigeria have criticized the recent upward review of Automated Teller Machine (ATM) withdrawal charges by the Central ...
BDCs implementation of CBN forex policy strengthens naira to N1,545/$1 in the black market – ABCON
The Association of Bureau De Change Operators of Nigeria (ABCON) has praised its members for the effective implementation of the ...
