CBN registers 8 cash-in-transit, 2 currency processing firms
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the bank has registered eight companies to carry out Cash-In-Transit (CIT) as part of key policy measures towards promoting effective and efficient currency management in the country.
CBN teaches school children to embrace savings culture
The Central Bank of Nigeria (CBN) on Thursday set out to educate school children about money, savings, creating livelihoods and becoming entrepreneurs.
Economic activities resume expansion —CBN report
The level of economic activities in Nigeria may have returned to expansion, though marginally, in March 2019 after a dip recorded last month.
Experts commend CBN for cutting lending rate to 13.5%
Two financial experts, Dr Samuel Nzekwe and Dr Titus Okurounmu, on Wednesday commended the Federal Government for reducing the benchmark lending rate from 14 per cent to 13.5 per cent.
N8bn CBN scam: Court dismisses defendant’s objection to EFCC evidence
Justice Nathaniel Ayo-Emmanuel of the Federal High Court, Ibadan, on Tuesday dismissed the objection raised by the second defendant, Muniru Olaniran, in the N8 billion CBN currency scam case.
Operators commend CBN’s review of minimum capital base for MFBs
Microfinance Bank operators in the country have commended the Central Bank of Nigeria, CBN, for reviewing the minimum capital requirement for the industry as well as the extension of the recapitalisation deadline.
