SMEDAN seeks CBN licence for microfinance bank as FG targets 1m more firms
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) is seeking a licence from the Central Bank of Nigeria (CBN) to operate a microfinance bank, allowing it to directly disburse and monitor funds meant for small businesses, as well as attract more international development finance.
Reps summon CBN, Banks over unexplained customer deductions
The House of Representatives has summoned the Central Bank of Nigeria (CBN) and major commercial banks to explain the rising wave of arbitrary and unexplained deductions from customers’ accounts across the country.
Cardoso reaffirms collaborative approach to economic coordination
Cardoso has underscored the importance of clear communication, credible data, and strong coordination between fiscal and monetary authorities
Alternative payment channels, lifeline for rural, underserved communities — CBN
The Central Bank of Nigeria (CBN) has described alternative payment systems as a vital lifeline for rural populations and underserved communities across the country.
Our reforms stimulating investments, trade balances, financial inclusion — CBN
The Central Bank of Nigeria (CBN) on Tuesday said that its ongoing reforms and improved policy initiatives are steadily stimulating economic growth, enhancing trade balance, and deepening financial inclusion across the country.
Cardoso assures youths CBN will sustain economic stability, transparency
Mr Cardoso described credibility as the “most valuable currency” in central banking.
