The Central Bank of Nigeria (CBN) recently increased the minimum capital base of Micro Finance Banks (MFBs) in Nigeria. Currently, there are over 1000 microfinance bans scattered across Nigeria. CBN…
Central bank of Nigeria
-
-
News
Only Private Sector Can Grow Nigeria’s Economy – VP Yemi Osinbajo
by Damilare Salami July 17, 2018Vice President Yemi Osinbajo said it is the private sector, rather than government, that can spur growth and development of the Nigerian economy. He said a private sector-led economy encapsulates…
-
News
Senate confirms Aishah Ahmad, Edward Adamu, Deputy Govs. Central Bank
by Reporter March 22, 2018Nigerian Senate on Thursday confirmed Mrs. Aishah Ahmad and Mr. Edward Lametek Adamu, Deputy Governors of Central Bank of Nigeria, newsmen report, According to the senate president, Dr. Bukola Saraki,…
-
The report showed that linked BVN accounts grew from 26 million in 2016 to 41.3 million in 2017 The Central Bank of Nigeria, CBN is pushing to bring more Nigerians…
-
CENTRAL Bank of Nigeria (CBN) has cautioned Nigerians to be wary of investments in cryptocurrency, stressing that virtual currencies are not legal tender in Nigeria. A press release issued by…
-
In a circular to all Deposit Money Banks posted on its website, the regulator said the decision to reintroduce the charges on cash deposits was part of the review of…
-
The Central Bank of Nigeria (CBN), yesterday, said the objective of the Anchor Borrowers Programme (ABP) was to create an economic linkage between smallholders and reputable large scale processors with…
-
BusinessMedia
10,000 Youths to benefit from CBN Anchor Borrowers Scheme in Ogun
by Arinze Ago January 5, 2017About 10,000 youths and other small-scale farmers are set to benefit from the Central Bank of Nigeria’s (CBN) Anchor Borrowers Programme, in Ogun state. The State Coordinator and Special Assistant…