100 for 100 PPP: CBN disburses N29 billion to 31 companies, here’s how to get in on the action
The CBN has disbursed over N29 billion to companies that applied for the 100 for 100 Policy on Production and ...
Tag: Central Bank of Nigeria
News and analysis about Central Bank of Nigeria
Reps urge the CBN to reinforce the use of coins as legal tender
The House of Reps has urged the CBN to reinforce the use of coins as a legal tender and ensure ...
CBN says oil theft is causing problems for foreign reserves
The Central Bank of Nigeria has agreed that increasing oil thefts on the economy is affecting the accretion of the ...
CBN plans intervention to make fuel readily available
The Central Bank of Nigeria (CBN) has stated that it is prepared to intervene in order to ensure that fuel ...
CBN introduces Bank Neutral Cash Hubs to enhance cash management efficiency
The Central Bank of Nigeria (CBN) in collaboration with the Bankers' Committee has introduced cash collection centres called Bank Neutral ...
CBN says banks’ non-performing loans hit the lowest in 10 years
The CBN stated that commercial banks' non-performing loans (NPLs) levels in Nigeria fell below 5% to 4.94% at the end ...
Zenith, Access, others publish names, BVNs and account numbers of forex defaulters
Nigerian banks have published the names, Bank Verification Numbers (BVN) and account numbers of forex defaulters.
Trouble in Nigerian Ports, as CBN e-invoice policy causes strike action
The Central Bank of Nigeria's implementation of the e-evaluation and e-invoice policy has caused major problems in ports.
Amid fluctuations in oil prices, CBN focused on diversifing the economy
The CBN has stated that it is focusing on diversifying the country's economy to avoid problems caused by global oil ...
CBN rejects Senate’s proposed new anti-money laundering legislation
The CBN has rejected Senate's plan to pass a new anti-money laundering legislation without amending the existing Money Laundering (Prevention) ...
