As the country awaits the National Bureau of Statistics(NBS) September inflation report, a Financial Inclusion, Wealth Management expert, MD/CEO SD & D Capital Managment Limited, Mr Idakolo Gbolade has disclosed that the efforts put forward by Central Bank of Nigeria(CBN)…
The House of Representatives has ordered the Central Bank of Nigeria (CBN) to suspend the sale of Polaris Bank Plc. The House gave the directive on Wednesday during plenary after adopting a motion of urgent public importance by Rep. Henry…
Retail lender, Unity Bank Plc has received an Award of Recognition for emerging as the “Best Bank in Customer Complaint Resolution 2021” recently at the Kano Central Bank of Nigeria/Banker’s Committee event held to uphold quality customer service culture in…
…Says developing SMEs to export, earn foreign exchange key in its focus To drive growth in the nation’s economy, the Central Bank of Nigeria (CBN) has disbursed the sum of N2.1 trillion under the Real Sector Support Facility Initiative –…
The Central Bank of Nigeria (CBN), says it is committed to initiating programmes and policies aimed at supporting Small and Medium Enterprises (SMEs) in Nigeria. Mr Osita Nwanisobi, CBN’s Director, Corporate Communications, said this on Thursday at the apex bank’s…
The Governor, Central Bank of Nigeria (CBN) Godwin Emefiele has urged early detection of challenges in banks and quick intervention to avert financial distress of depositors. This is contained in a statement posted on the CBN website on Wednesday. According to…
By Matthew Denis Abuja The Minister of Finance Budget and National Planning Dr Zainab Shamsuna Ahmed has stated that the Ministry in collaboration with the Central Bank of Nigeria, Nigerian Deposit Insurance Corporation and other relevant Government agencies has made…
Nigeria’s foreign reserves have fallen by $2.202 billion to $38.318 billion as of September 29, 2022, from $40.520 billion as of December 31, 2021. This is a 5.42% decrease in foreign reserves. Despite rising oil prices this year, Nigeria’s foreign…
A total sum of N3.7 trillion out of N9. 3 trillion funds disbursed for intervention schemes of the Central Bank in the last four years has been recovered by the apex bank from beneficiaries. According to the Director of Development…
The Central Bank of Nigeria (CBN) has stated that the eNaira application has so far recorded a total of 905,588 downloads. However, only 282,600 are currently active. This was revealed by the Governor of the CBN, Mr. Godwin Emefiele,/ during…
