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CBN to increase women’s access to credit

CBN to increase women’s access to credit

Central Bank of Nigeria (CBN) has pledged to improve  access to formal financial services for women, especially credit through its various intervention programmes.

Non-reconstitution of CBN, NSITF, PenCom, SEC boards harming economy, warns NECA

Non-reconstitution of CBN, NSITF, PenCom, SEC boards harming economy, warns NECA

NIGERIA Employers Consultative Association, NECA, weekend in Lagos, expressed concerns over non-reconstitution of the boards of some critical federal parastatals, especially Central Bank of Nigeria, CBN, Nigeria Social Insurance Trustfund, NSITF National Pension Commission,  PenCom, and Security and Exchange Commission, SEC, among others.

Analysing CBN’s new dividend policy

Analysing CBN’s new dividend policy

Many bank directors were notorious for contributing to a greater percentage of non-performing loans which contributed to the collapse of the banking industry

IFC commends CBN over banking reforms

IFC commends CBN over banking reforms

The International Finance Corporation, IFC, has commended the Central Bank of Nigeria, CBN, for implementing sustainable banking principles in the country.

CBN disburses lower currency notes to traders

CBN disburses lower currency notes to traders

Worried by the scarcity of lower currency denominations in circulation, the Central Bank of Nigeria (CBN, yesterday, commenced direct disbursement of the affected notes to traders.

CBN injects $210m as Naira appreciates to N360.19/$

CBN injects $210m as Naira appreciates to N360.19/$

The Naira started the week with a 51 kobo appreciation to N360.19 per dollar in the Investors’ and Exporters’ (I&E) window, even as the Central Bank of Nigeria (CBN) injected $210 million into the foreign exchange market.