Naira sees biggest plunge at official window as the country’s Central Bank adjusted the exchange rate on its website to N413.49 to a dollar. Naira touched...
In its circular, BSD/DIR/GEN/LAB/12/070, to banks dated January 07, 2020 on the regulatory measures to improve lending to the real sector of the Nigerian economy, the...
: “This is to inform all authorised dealers, Nigerian Customs Service, shipping lines and airlines, national museum and monuments and the general public of the deployment...
“In 2020, there were higher withdrawals by DMBs than deposits, due to the panic need to hold cash to deal with the emergencies and reduced banking...
“The ecosystem should provide support in re-orientating, training, and providing a financing model apt to the peculiarity of the sector within which the businesses operate."
"Cumulatively, the bank has disbursed the sum of N1.08tn under this scheme. As part of its effort to support the resilience of the healthcare sector, the...
The MPC stated that its policy over the previous months has begun to show results, owing to the 4.03% growth in real GDP and the 6th...
“The bank has also cumulatively disbursed the sum of N108.65bn to hospitals and pharmaceutical industry; 54 of the 117 projects funded are for hospital services.”
“The full implementation of the eNaira would be done in four phases, culminating in offline eNaira payments solutions, cross-border payment and interoperability of the eNaira with...
"The fall in outflow was due mainly to a decrease in the bank’s intervention in the foreign exchange market and lower direct payments, which reduced the...
