The Central Bank of Nigeria has extended deadline for the swapping of old naira notes till February 10, 2023. Nigeria’s Apex bank made the announcement in…
Browsing: CBN
In an effort to further its goal of turning the largest economy in Africa into a cashless society and saving the nation foreign transaction costs, Nigeria’s…
The Central Bank of Nigeria, CBN, has once more been requested to extend the deadline date for the removal of obsolete naira notes from circulation to…
Nigerian President Muhammadu Buhari has requested that the Senate approve its plan to restructure N23.7 trillion Ways and Means advances given the Federal Government by the…
Nigerian banks for the first time in three years reduced consumer loans by 17 per cent (N400 billion), in one month, following a decline in money…
The Director-General of Nigeria’s Debt Management Office (DMO), Patience Oniha, has said that the International Capital Market has closed its doors to the country, making it…
The Central Bank of Nigeria (CBN) and the Africa Fintech Foundry (AFF), an Access bank project to foster and accelerate the growth of Fintech firms in…
Abeg Technologies Limited, a division of Piggytech Global Limited, has been given Approval in Principle (AIP) by the Central Bank of Nigeria, CBN, to operate as…
The Central Bank of Nigeria (CBN), in a recently released Economic report for November 2021, disclosed that consumer credit rose 40 percent, year-on-year, to 2.1 trillion…
Nigerian banks’ credit to the private sector grew by 4.23 per cent MoM to N36.9 trillion last month from N35.4 trillion in January 2022, data from…