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…
Browsing: CBN
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…
The International Monetary Fund (IMF) has requested the Central Bank of Nigeria to reduce its credit intervention programmes over market distortion concerns,in the long run. The…
The Central Bank of Nigeria (CBN) says it will begin issuing e-invoices to importers and exporters on February 1, 2022. This was made known by an…
Nigeria’s exchange rate management policies have been criticized by the World Bank as discouraging investment and fueling inflation The bank announced this in its November Nigeria…
Nigeria will on Monday launch a digital currency, the eNaira months after it barred banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies.…
Five top commercial banks in Nigeria have reportedly paid a total sum of N1.4bn as penalties to financial regulatory bodies in the first half of the…
The governor of the Central Bank of Nigeria, Godwin Emefiele on Thursday announced the sack of the entire members of the board of First Bank Holding…