Tag: CBN

More measures to ensure privacy have been put in place to ensure that digital lenders, otherwise known as loan apps, ...

Rising food and fuel prices created significant inflation in the country in 2022, causing the Naira, Nigeria's currency, to lose ...

In 2022, the Nigerian government spent N3.63 trillion servicing its external and domestic debts. This is based on information obtained ...

The World Bank has given the Nigerian government $800 million to set up a comprehensive palliative scheme for its citizens ...

According to the World Bank, Nigeria's major challenge is that it spends all of its revenues on debt servicing rather ...

According to the Central Bank of Nigeria (CBN), the Nigerian payment system infrastructure is strong enough to handle the growing ...

The Central Bank of Nigeria (CBN) has issued guidelines on the processes, requirements, and qualifications expected of microfinance, commercial, and ...

The Federal Government's (FG) borrowing rate from the Central Bank of Nigeria (CBN) increased by 93.21 percent between January 2022 ...

The African Export-Import Bank (Afreximbank) has given Nigeria a $350,000 grant for the development of inland waterways along the Lower ...

Afrinvest Limited, a wealth advisory firm said Nigeria's Foreign Portfolio Investment (FPI) and Foreign Direct Investment (FDI) are currently at ...

The intervention of the Central Bank of Nigeria (CBN) in the electricity sector resulted in the release of N3.01 billion ...

In a move aimed at alleviating people's pains due to naira scarcity, the Central Bank of Nigeria (CBN) directs all ...

According to Nigerian Central Bank Governor Godwin Emefiele, central bank digital currency or e-naira transactions have increased 63% to $47.7 ...

The Central Bank of Nigeria (CBN) continued to increase the Monetary Policy Rate (MPR), otherwise known as the interest rate, ...

According to the Central Bank of Nigeria (CBN), it has disbursed N12.65 billion to farmers through its anchor borrower program ...