CBN approves N1bn for SMEs in Niger
The Central Bank of Nigeria (CBN) has approved the release of second tranche of N1 billion from the Micro Small and Medium Enterprises Development Fund (MSMEDF) for disbursement to Small and Medium Enterprises (SMEs) in Niger State.
No fire at CBN head office – officail
The Central Bank of Nigeria has denied reports that there was fire at its head office in Abuja
CBN captures 31m Nigerians in Bank Verification Number Project
The Central Bank of Nigeria (CBN) has captured no fewer than 31 million account customers in its Bank Verification Number (BVN) project aimed at ensuring unique identifier in the Nigerian banking industry.
Economic expansion persists in February—CBN report
CENTRAL Bank of Nigeria, CBN, yesterday released its Purchasing Managers Index, PMI report for February, saying economic expansion persisted for the 13th month in manufacturing and non manufacturing sectors.
CBN raises 2018 money supply growth forecast to 10.98%
THE Central Bank of Nigeria (CBN) last week released its Monetary, Credit, Foreign Trade and Exchange Guidelines for the 2018 and 2019 fiscal years, raising its money supply growth forecast for 2018 to 10.98 percent. The CBN had earlier projected a money supply growth of 10.29 percent for 2018.
CBN limits USSD transactions to N100, 000 per day
EFFECTIVE from June this year bank customers will not be able to use Unstructured Supplementary Service Data (USSD) channel to conduct transactions more than N100, 000 per day.
