Saturday, May 4, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "Central Bank of Nigeria (CBN)"

Crypto ban, halt in FX sale to BDCs… 5 CBN policies that impacted Nigerians in 2021

    Crypto ban, halt in FX sale to BDCs… 5 CBN policies that impacted Nigerians in 2021

Throughout 2021, the Central Bank of Nigeria (CBN) implemented various reforms and policies to ensure economic and financial stability. While it received kudos for some of its policies, the apex

0 comment Read Full Article

Anchor Borrowers’ Programme: Farmers owe CBN N77bn, says BOA

    Anchor Borrowers’ Programme: Farmers owe CBN N77bn, says BOA

Alwan Hassan, acting managing director, Bank of Agriculture (BOA), says N77.18 billion loans collected by farmers under the Anchors Borrowers’ Programme (ABP) have not been repaid. ABP is an agricultural

0 comment Read Full Article

Banks notify customers as CBN automates forex forms for BTA, tuition fee

    Banks notify customers as CBN automates forex forms for BTA, tuition fee

Nigerian banks have informed their customers regarding the automation of Forms A and NCX for invisible and non-commercial exports transactions.  This is in adherence to the directive issued by the

0 comment Read Full Article

eNaira app recorded 600,000 downloads in less than a month, says Emefiele

    eNaira app recorded 600,000 downloads in less than a month, says Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the eNaira application has registered almost 600,000 downloads since its launch in October. A statement signed by Nelson Olagundoye,

1 comment Read Full Article

CBN launches youth entrepreneurship scheme, gives N5m loans to graduates

  CBN launches youth entrepreneurship scheme, gives N5m loans to graduates

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), on Thursday, launched the Tertiary Institutions Entrepreneurship Scheme (TIES), an

0 comment Read Full Article

Naira slides further, trades N560/$1 at parallel market after MPC meeting

  Naira slides further, trades N560/$1 at parallel market after MPC meeting

The Nigerian naira weakened further against the dollar at the parallel market on Wednesday to trade at N560 per dollar.

0 comment Read Full Article

CBN: eNaira will work with other countries’ digital currencies

  CBN: eNaira will work with other countries’ digital currencies

The Central Bank of Nigeria (CBN) says eNaira, its digital currency, will be interoperable with other central bank digital currencies

0 comment Read Full Article

Naira falls by 2.8% to N545/$1 at parallel market

  Naira falls by 2.8% to N545/$1 at parallel market

The naira, on Friday, depreciated against the dollar at the parallel section of the foreign exchange market. Bureaux De Change

0 comment Read Full Article

IMF: CBN needs to manage cyber security, operational risks of eNaira

  IMF: CBN needs to manage cyber security, operational risks of eNaira

The International Monetary Fund (IMF) says there is a need to manage cyber security and operational risks associated with the

0 comment Read Full Article

150,000 farmers to benefit as CBN flags off wheat production programme

  150,000 farmers to benefit as CBN flags off wheat production programme

The Central Bank of Nigeria (CBN) has flagged off the Nigerian Brown Revolution, an intervention programme to boost wheat production

0 comment Read Full Article
error: Content is protected from copying.