The Central Bank of Nigeria (CBN), has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure adequate supply of foreign exchange to customers.

THE Central Bank of Nigeria,CBN, has systematically evolved innovative policies aimed at revving up liquidity and energetic capital inflows to impact economic activities towards building a healthy and balanced economy.

Bureaux De Change (BDCs) operators across the country are set to petition the Central Bank of Nigeria (CBN) against    ongoing suspension of their bank accounts over demand for tax remittances on their turnover volumes.

Managing Director,  Okuta Microfinance Bank Limited, Apostle Blessed Dike, in this interview explained why most Microfinance Banks, MfBs, are unable to access the N220 billion Micro Small and Medium Enterprises Development Fund, MSMEDF. Excerpt:

Agricultural, manufacturing  and the sectors considered as growth and employment stimulating, can now borrow long term as much as N10billion at consolidated nine per cent interest rate under new guidelines issued by the Central Bank of Nigeria.

The Central Bank of Nigeria (CBN) plans to increase the flow of credit to the real sector of the economy to consolidate and sustain the nation’s economic recovery.

The Director General of the DMO, Patience Oniha, revealed, at a press briefing in Abuja on 15th August 2018 that Nigeria’s public debt, had apparently risen from well below N3Tn in 2007 to over N22.30Tn ($73.21bn) by June 2018.

The Central Bank of Nigeria (CBN) says the currency swap agreement with the People’s Bank of China (PBoC), will not cover the importation of substandard goods into the country.

The Central Bank of Nigeria (CBN) has granted N14.9 billion loan to the North East Commodity Association (NECAS), on the platform of its Anchor Borrowers’ Programme (ABP).

 The Central Bank of Nigeria (CBN) has injected 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments of the market.

THE governor of the Cen-tral Bank of Nigeria, CBN, Godwin Emefiele, has indicated that the Microfinance sub-sector is underperforming the set expectations for which they were created.

The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending, NIRSAL,    will commence disbursement of over N246.5 million to farmers under the Anchor Borrowers Programme of the Central Bank of Nigeria (CBN).

THE CENTRAL Bank of Nigeria, CBN, has begun a process that would make the country’s lower currency denominations available to Nigerians.

Managing Director, Coastline Microfinance Bank  Limited, Mrs. Fejiro Ugute, in this interview stressed the need to review the criteria for accessing intervention funds of the  Central Bank of Nigeria, CBN so as to make them accessible to microfinance banks. She also spoke on efforts of the bank towards the financial inclusion target of the apex bank.

THE Central Bank of Nigeria, CBN, yesterday restated its commitment to the economic well-being of all Nigerians.