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CBN identifies major economic sabotage in Nigeria
BANKING

CBN warns banks against FX malpractice, threaten sanctions

September 12, 2021 Tosan Olajide

CBN warns banks against FX malpractice, threaten sanctions – Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has warned that banks involved in any form […]

CBN AGSMEIS Loan Form 2020/2021: How To Apply Without Collateral
BANKING

Nigeria’s central bank denies converting customers’ domiciliary accounts to naira

September 12, 2021 Sam Gabriel

Nigeria’s central bank denies converting customers’ domiciliary accounts to naira – The Central Bank of Nigeria (CBN) has said it did not direct banks to convert […]

CBN Urges Fintech, Banks to Collaborate to reduce Cost of Transaction
Tech

Nigeria’s central bank’s clampdown on fintech firms may hinder investments

August 23, 2021 Tosan Olajide

Nigeria’s central bank’s clampdown on fintech firms may hinder investments – Finance and investment analysts at the weekend flayed the Central Bank of Nigeria (CBN)’s decision […]

See how you can apply for CBN loan for creative industry
BANKING

CBN places limit of N1m per transaction for microfinance banks loan

August 22, 2021 Sam Gabriel

CBN places limit of N1m per transaction for microfinance banks loan – The Central Bank of Nigeria (CBN) has pegged maximum loan limit for Microfinance Banks […]

CBN AGSMEIS Loan Form 2020/2021: How To Apply Without Collateral
ECONOMY

CBN may Sanction Microfinance Banks for illegal Forex Trading

August 21, 2021 Sam Gabriel

CBN may Sanction Microfinance Banks for illegal Forex Trading – The Central Bank of Nigeria (CBN) has threatened to sanction and revoke the licences of microfinance […]

CBN AGSMEIS Loan Form 2020/2021: How To Apply Without Collateral
BANKING

Nigeria’s central bank freezes company accounts over alleged fraud

August 18, 2021 Tosan Olajide

Nigeria’s central bank freezes company accounts over alleged fraud – The Federal High Court, Abuja has granted the request of the Central Bank of Nigeria to […]

Anxieties Rise as Dollar Sells for 455 NAIRA In black Market
ECONOMY

Naira Loses 0.21% to Trade N411.67/$1 at I&E

August 17, 2021 Sam Gabriel

Naira Loses 0.21% to Trade N411.67/$1 at I&E – The Naira started the new trading week on a wrong note as it depreciated against the Dollar […]

CBN identifies major economic sabotage in Nigeria
ECONOMY

Improved Vaccination Will Push up Nigeria’s GDP Growth, CBN Predicts

August 14, 2021 Sam Gabriel

Improved Vaccination Will Push up Nigeria’s GDP Growth, CBN Predicts – The Central Bank of Nigeria (CBN) has estimated that Nigerian GDP will grow by 3 […]

Nigerias Digital Currency ‘E Naira to Be Designated Critical National Infrastructure
Cryptocurrency

Nigeria’s Digital Currency ‘E-Naira’ to Be Designated Critical National Infrastructure

August 11, 2021 Sam Gabriel

Nigeria’s Digital Currency ‘E-Naira’ to Be Designated Critical National Infrastructure – According to a report, the Central Bank of Nigeria (CBN) is planning to have its […]

Naira dollar rates3
ECONOMY

Nigerian Naira falls to N510/$ at parallel market

August 10, 2021 Cynthia Charles

Nigerian Naira falls to N510/$ at parallel market – THE Nigerian local currency yesterday lost N5 to close at N510/$1 at the parallel market over rising […]

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