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CENTRAL BANK OF NIGERIA
News and analysis about Central Bank of Nigeria
The CBN has signed a Memorandum of Understanding with the Nigeria Cassava Growers Association and Large Scale Cassava Processors.
The CBN has disclosed the complaints received from customers about incomprehensible charges between July and December 2018 in Nigeria, hit 1,612.
The Central Bank of Nigeria (CBN) said it is set to avail rice farmers with access to funding which will facilitate their activities and reduce the cost of producing the commodity.
Mr Godwin Emefiele, the Governor of CBN has disclosed that the rapid increase in food prices and all other products is momentary.
Given the recent inflation figures released by the NBS, chances that the CBN would cut interest rate has grown a lot slimmer
PalmPay has launched a new mobile wallet application in Nigeria to aid CBN’s cashless policy and reward users with bonuses.
The Treasury Bills Auction of the Central Bank of Nigeria (CBN) held on Wednesday was fully subscribed.
The CBN has stated that continuous technological innovations in the world have disrupted the financial service sector.
CBN has directed banks and other financial institutions to stop selling treasury bills to individuals and small firms with effect from November 29th.
The CBN has ordered all commercial banks and other financial institutions to ensure treasury bills are not sold to individuals and small firms.
In line with CBN's financial inclusion programme, Stanbic IBTC Bank has floated @ease wallet to accelerate the agenda of the apex bank.
Elias Igbinakenzua said the charges on PoS transactions are cheaper and it’s a way to motivate Nigerians to embrace CBN's cashless policy.