CBN Records N379bn Debt In Anchor Borrowers Programme
The Central bank of Nigeria recorded a shortfall of N378.5bn in loan repayment by beneficiaries under the Anchor Borrower’s programme ...
Tag: Central Bank of NIgeria
CBN Warns Microfinance Banks Against Forex Transactions
The Central Bank of Nigeria has advised microfinance institutions against engaging in certain prohibited activities, including wholesale banking and foreign ...
CBN Kicks Against Naira Abusers, Money Sprayers To Face Jail Time Under New Policy
The Central bank of Nigeria has warned that that abusers of the naira at social events risk imprisonment or an ...
Anxiety as Court Freezes Bank Accounts of Forex Trading Firms in Nigeria
The Federal High Court Abuja has frozen the bank accounts of some investment and trading platforms that Nigerians have been ...
Bank CEOs Move To Crackdown on Forex Fraudsters
The chief executives of deposit money banks in the country have warned customers against using fraudulent methods to get access ...
Naira Steadies At 509/$1 in Parallel Market
The naira held steady against the dollar at the parallel market on Monday at N509. The naira held steady against ...
FG, CBN Pumps N250bn To Reduce Gas Importation
The Federal Government and the Central Bank of Nigeria (CBN) have announced an N250 billion intervention fund to expand gas ...
Banks Comply With CBN’s Forex Directive, Sells Dollar at N412
As the modified Foreign Exchange (FX) regulation by the Central Bank of Nigeria (CBN) debuts, commercial banks in the capital ...
CBN Lists Regulatory Guidelines For Payments Service Holding Firms
The Central Bank of Nigeria (CBN) issued guidelines on Tuesday for the licensing and regulation of Payments Service Holding Companies ...
IMF Warns Nigeria Against Launching Digital Currency
International Monetary Fund (IMF) has warned Nigeria and other countries on the danger of adopting crypto assets as a national ...
