The Central Bank of Nigeria (CBN) made a significant move on Thursday, June 22nd, 2023, by auctioning $29.5 million at the interbank window. This auction showcased the CBN's intervention in the forex ...
In the first two months of 2023, the Central Bank of Nigeria (CBN) has allocated N12.65 billion to the Anchor Borrowers Programme (ABP), a primary agricultural intervention initiative, according to Go...
According to reports, MTN Telecommunications sued 18 Nigerian banks over a mobile money fraud that cost them $22.3 billion ($53.7 million). MTN claims that its newly registered mobile money ...
According to the World Bank, the Central Bank of Nigeria's numerous currency rates, restrictions on trade, and public deficit financing continue to harm the business environment. The World Ba...
The Tertiary Institutions Entrepreneurship Scheme was created by the Central Bank of Nigeria as part of its commitment to enhance economic growth by reducing level of unemployment among Nigerian ...
NIRSAL Microfinance Bank is one of Nigeria's top financial institutions, regulated by the Central Bank of Nigeria (CBN) to provide loans for various purposes, including the Nirsal Covid-19 loan.NIRSAL...
Nigeria's sugar cane imports in 2021 reach N425.6 billion Sugar cane imports in Nigeria increased by 61.31 percent to N425.6 billion in 2021, compared to N263.84 billion the previous year and acco...
Trading of Wema Bank Shares have been restricted by NGX Wema Bank Plc, or simply Wema Bank, is a commercial bank based in Nigeria. The Central Bank of Nigeria, the country's banking authority, has...
IMF warns CBN that eNaira may lead to new money-laundering and terrorism financing risks The expansion of the eNaira's use to cross-border cash transfers and agency bank networks could result in...
Nigeria's new forex plan aims for $200 billion in inflows Nigeria's central bank has devised a new strategy to entice $200 billion in foreign dire...