CBN sets 2022 deadline for MfBs’ N200m recapitalisation
The Central Bank of Nigeria (CBN) has set April 2022 deadline for tier-1 Microfinance Banks (MfBs) to achieve N200 million…
Browsing Tag
cbn
Eid-el Fitr: CBN reschedules MPC meeting
The Central Bank of Nigeria (CBN) has rescheduled the Monetary Policy Committee (MPC) meeting from Monday and Tuesday May 25 and…
Nigeria Must Develop Agric Value Chain – CBN
The Central Bank of Nigeria (CBN) has called for the development of agricultural commodities’ value chain through value addition…
COVID-19: CBN Unveils Guidelines for Disbursement of N50bn
Guideline for the disbursement of the N50 billion special intervention fund by the Central Bank of Nigeria (CBN) has been…
CBN speaks on alleged Naira devaluation
The Central Bank of Nigeria, CBN has reacted to news it has devalued the Naira by as much as 15 percent, moving it from the…
Coronavirus: CBN to inject N1tr into economy
The Central Bank of Nigeria (CBN) on Wednesday announced its decision to increase intervention in local manufacturing and import…
CBN Unveils Tougher Sanctions for Microfinance Banks
On Wednesday, the Central Bank of Nigeria (CBN) released a review of guidelines for the regulation and supervision of…
CBN Stops Open-Air Burning of Mutilated Naira Notes
The Central Bank of Nigeria (CBN) will be opting for recycling of mutilated naira notes rather than open-air burning in an…
Milk Import: CBN Exempts Friesland, Nestle, four Others from Forex…
The Central Bank of Nigeria (CBN) has exempted FrieslandCampina WAMCO Plc, Nestle Nigeria Plc and four other milk producing…
CBN sets target to boost Nigeria’s Export Trade to $12bn
The Central Bank of Nigeria (CBN) has set a target to boost Nigeria’s export trade to about $12 billion by the year 2024.
This…