‘N50bn up for grabs’ Households, businesses can apply for COVID-19 loans, CBN says
The Central Bank of Nigeria has said that households and businesses affected by the COVID-19 can now apply for loans ...
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Tag: CBN
‘We’re not aware’ Finance ministry, CBN denies printing billions to cushion financial trouble
The Central Bank of Nigeria had denied knowledge of claim that Nigeria printed billions of naira last month to cushion ...
Read moreDetails‘Part of fiscal responsibility’ CBN gives reasons why Nigeria cannot stop borrowing
The Central Bank of Nigeria (CBN) has said that Nigeria cannot stop borrowing, especially when it is necessary as it ...
Read moreDetails‘Court order’ CBN to freeze 194 accounts in 17 banks
The Central Bank of Nigeria, CBN has secured three separate interim orders from a Federal High Court in Abuja to ...
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‘COVID-19 loans’ Banks to extend discounted interest rates, CBN directs
The Central Bank of Nigeria (CBN) has directed commercial banks to formally extend repayment of credit facilities given to cushion ...
Read moreDetails‘Influx drive’ CBN to pay N5 bonus for every $1 of diaspora remittances
The Central Bank of Nigeria (CBN) has introduced a “Naira 4 Dollar Scheme” — an incentive for senders and recipients ...
Read moreDetails‘Bridging the gap’ CBN orders banks to accept travel documents, refugee ID for transactions
The Central Bank of Nigeria (CBN) has ordered commercial banks and other financial institutions to accept Machine Readable Travel Documents ...
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‘Expert knowledge’ When will CBN deal with Shekau, Katsina abductors like #EndSARS? Aisha Yesufu quizzes
Human rights activist and a co-convener of the BringBackOurGirls movement, Aisha Yesufu, has taunted the Governor of the Central Bank ...
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‘With immediate effect!’ Forex recipients to determine mode of payment, CBN directs banks
The Central Bank of Nigeria (CBN) has directed banks in the country to close all naira ledger accounts opened specifically ...
Read moreDetails‘Excess liquidity’ CBN introduces special bills to mop up idle cash in economy
The Central Bank of Nigeria (CBN) has introduced a special bill to mop up excess liquidity (idle cash) in the ...
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