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Money

243 Firms Jostle For CBN’s Multibillion Naira Loan Scheme

The Central Bank of Nigeria has disbursed a total of N23.2bn to 28 firms whose projects satisfied the apex bank’s criteria for ‘100...

Money

100 For 100 PPP: CBN Disburses N23.2billion To 28 Maiden Beneficiaries

Godwin Emefiele,CBN Gov. The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has formally launched the 100 for 100 policy on Production...

Money

CBN May Increase Interest Rate This Year, Says Report

A new report has said likely stronger dollar demand will convince the Central Bank of Nigeria of the need to tighten monetary conditions...

Money

Banks’ll Increase Credit To Economy In 2022, Says CBN

Godwin Emefiele CBN Gov. The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the banking sector will increase access to...

Money

CBN Disburses 92.4% of N400bn Targeted Credit Facility

Godwin Emefiele, CBN Gov. The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the bank has disbursed N370bn out of...

Money

FG Revenue falls By 52%Amid Rising Spending – CBN Report

The Federal Government recorded a fiscal deficit of N405.28bn in August, the Central Bank of Nigeria said in its economic report. It said...

Money

Shareholders Seek Reduction In Banks’ Mandatory Cash Reserve Ratio

Members of Independence shareholders Association of Nigeria (ISAN) have criticised hike in banks’ mandatory Cash Reserve Ratio (CRR).   In a statement on Sunday,...

Money

CBN Releases Modalities To Boost Productivity, Sets N5bn Loan Limit

The banking industry regulator, the Central Bank of Nigeria (CBN), has released guidelines for its “Production and Productivity” initiative, through “100 projects for...

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