CBN orders astronomical increase in capital base of Microfinance banks
THE Central Bank of Nigeria (CBN) has jerked up the minimum capital base for Micro-finance Banks (MfBs) by between 150 and 900 percent.
CBN urges industrialists to access, utilize financing schemes for business growth
The Central Bank of Nigeria (CBN), has urged industrialists and businessmen in Nigeria to take advantage of its low interest loans to grow their busine
GENCOs raise alarm over delay in releasing CBN’s N213bn fund
With the continued poor supply of power in Nigeria, the Electricity Generation Companies, GENCOs, have made a strong case for the injection of additional funds into the sector.
CBN, stakeholders lament gender inequality in financial sector
THE Central Bank of Nigeria, CBN, and stakeholders have lamented persistence of gender inequality in the financial sector.
CBN gives $317.52m, CNY58.40m for agric, raw materials
The Central Bank of Nigeria (CBN), on Friday, provided 317.52 million dollars and 58.40 million Chinese Yuan (CNY) to customers seeking foreign exchange in the agricultural and raw material sector.
Osun poll: Security beefed up at INEC, CBN in Osogbo
Ahead of the Saturday’s governorship election in Osun, security has been beefed up around the Independent National Electoral Commission (INEC) office along Gbongan/Ibadan Road, Osogbo.
