Reforms: Nigeria on path to sustainable economic growth — CBN
The Central Bank of Nigeria (CBN) has said Nigeria is on a path towards greater economic stability, increased competitiveness and sustainable growth following ongoing monetary, financial and foreign exchange reforms.
CBN grants Flutterwave banking licence to expand financial services
Flutterwave has received a banking licence from the Central Bank of Nigeria (CBN), allowing the fintech giant to move beyond payments and offer broader financial services to businesses across Africa.
CBN concludes recapitalisation as 33 banks raise N4.65trn
The CBN confirmed that 33 banks had met the revised minimum capital requirements established under the programme.
CBN renovates classrooms, boosts education in Taraba
The Jalingo branch of the Central Bank of Nigeria (CBN) has renovated two blocks of classrooms and an administrative office at Howai Government Secondary School in Jalingo, Taraba State, as part of its ongoing education intervention projects.
CBN, financial system and regulatory balance
By ARIZE NWOBU The financial system is one of the major ‘engines’ which drives the economy towards achieving its growth potential. It is broadly segmented into the capital market and money market which consists of financial institutions, financial markets and products, operators and regulatory agencies. The capital market segment of the financial system mobilises long-term funds […]
CPPE hails CBN as 32 banks meet recapitalisation target
The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria (CBN) over the successful implementation of its bank recapitalisation programme, revealing that 32 banks have met the new minimum capital requirements.
