The amount represents a 15.04 percent increase over the N13.3 trillion raised from investors in 2024,…
Tag: CBN
CBN Launches New Board to Overhaul Agricultural Lending
In a significant move aimed at revitalizing Nigeria's agricultural sector, the Central Bank of Nigeria (CBN)…
CBN Releases List of Registered BDC Operators on Website
Nigeria’s Central Bank (CBN) has granted operating licenses to 82 Bureau de change operators effective from…
Nigeria’s Foreign Reserves Hit $46.7bn, Highest in Nearly Seven Years – CBN
The Central Bank of Nigeria has announced a significant milestone in the country's economic recovery, with…
HOR SUMMONS GOVT ENTITIES, TO BEGIN INVESTIGATION IN FUND UTILISATION AFTER GRANTING THEM EXTRA TIME
The House of Representatives Special Committee, tasked with investigating the use of take-off grants, bailout funds,…
SENATE CRITICISE CBN OVER FAILURE TO PROVIDE CRUCIAL DOCUMENTS MEANT FOR PROBING WAYS AND MEANS ADVANCE
The Senate Ad-hoc Committee charged with investigating Ways and Means Advance has accused the Central Bank…
NiDCOM BOSS COMMENDS CBN’S INTRODUCTION OF NON RESIDENT ACCOUNTS
The Chairman of the Nigerians in Diaspora Commission (NiDCOM), Abike Dabiri-Erewa, has commended the Governor of…
CBN PUTS STOP ON REQUEST FOR EXTENSION OF REPATRIATION ON EXPORT PROCEEDS
The Central Bank of Nigeria (CBN) has announced there will no longer be requests for extensions…
CBN FACES LAWSUIT FROM DISMISSED EMPLOYEES OVER UNLAWFUL MASS TERMINATION OF APPOINTMENT
The claimants allege that this provision was ignored, stating that they were given only three days…
CBN Imposes Fine of N150m On Banks Releasing New Notes To Hawkers, Deploys Mystery Shoppers to Banking Halls
Further clarification was issued in a circular signed by the Acting Director of the Currency Operations…
