Central Bank of Nigeria

SMEs can reduce unemployment, says CBN

Dr Aniefiok Umoren, Zonal Coordinator, South-South and South-East, Development Finance Activities, Central Bank of Nigeria (CBN), has said Small and…

5 years ago

CBN gives reasons for Naira devaluation

The Central Bank of Nigeria (CBN) has explained that COVID-19, shortage in foreign exchange supply and other factors were responsible…

5 years ago

Abuja banks comply with CBN forex directive and sell dollar at N412

In accordance with the new foreign exchange regulations (FX) of the Central Bank of Nigeria (CBN), commercial banks in Abuja…

5 years ago

CBN should provide clarity in forex policy, say analysts

The Central Bank of Nigeria (CBN) has to remove the opaqueness that has shrouded the country’s foreign exchange policy, to…

5 years ago

CBN to refund capital deposits, licensing fees of pending BDC applicants

The Central Bank of Nigeria (CBN) has announced that it will commence the immediate refund of capital deposits and licensing…

5 years ago

CBN releases 50,000 metric tonnes of maize

The Central Bank of Nigeria (CBN), to moderate and control the prices of maize, has approved the release of 50,000…

5 years ago

CBN tasks stakeholders on National FinTech Strategy

The Central Bank of Nigeria (CBN), has tasked stakeholders in the financial sector to ensure the development of a robust,…

5 years ago

CBN reassures of rice prices crash in few months

The Central Bank of Nigeria (CBN) has commenced mapping over 500,000 hectares of farmland for the cultivation of rice in…

5 years ago

Nigeria, UK business teams meet in Abuja

The Federal Government has given assurances to United Kingdom companies operating in Nigeria of its support in ensuring that they…

5 years ago

CBN’s intervention in textile industry creates 620,000 jobs- Governor

Over 620,000 direct and indirect jobs were created in two years as a result of the Central Bank of Nigeria’s…

5 years ago

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