Wednesday, May 12, 2021
MARKET UPDATE

TheCable

Advertisement

Tag "Central Bank of Nigeria (CBN)"

KPMG appointed transaction adviser for Nigeria’s N1trn infrastructure company

    KPMG appointed transaction adviser for Nigeria’s N1trn infrastructure company

The Central Bank of Nigeria (CBN) has hired KPMG, an accounting firm, as the transaction adviser for the newly-created Infrastructure Corporation of Nigeria Limited (InfraCorp). THISDAY quotes Osita Nwasinobi, the

1 comment Read Full Article

CBN reduces charges on USSD transactions to N6.98

    CBN reduces charges on USSD transactions to N6.98

Mobile Network Operators (MNOs) and Deposit Money Banks (DMBs) have agreed to reduce the charge on customers using unstructured supplementary service data (USSD) to N6.98 for each transaction. In a

0 comment Read Full Article

CBN extends application deadline for asset managers in infrastructure company

    CBN extends application deadline for asset managers in infrastructure company

The Central Bank of Nigeria (CBN), Africa Finance Corporation (AFC), and Nigeria Sovereign Investment Authority (NSIA) have extended the deadline for expressions of interest from qualified asset managers active in

0 comment Read Full Article

APPLY: CBN reopens N50bn COVID loan portal for households, businesses

    APPLY: CBN reopens N50bn COVID loan portal for households, businesses

The Central Bank of Nigeria (CBN)  is receiving applications for its N50 billion targeted credit facility (TCF) aimed at supporting households and micro, small and medium enterprises (MSMEs) affected by

108 comments Read Full Article

Emefiele: N5 for $1 policy will make remittances cheaper for Nigerians abroad

  Emefiele: N5 for $1 policy will make remittances cheaper for Nigerians abroad

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the new diaspora policy — “Naira 4 Dollar Scheme”

0 comment Read Full Article

In major FX inflow drive, CBN to pay N5 bonus for every $1 of diaspora remittances

  In major FX inflow drive, CBN to pay N5 bonus for every $1 of diaspora remittances

The Central Bank of Nigeria (CBN) has introduced a “Naira 4 Dollar Scheme” — an incentive for senders and recipients

0 comment Read Full Article

CBN extends interest rate cut on intervention facilities by 12 months

  CBN extends interest rate cut on intervention facilities by 12 months

The Central Bank of Nigeria (CBN) has announced an extension period for its reduced interest rates on intervention facilities to

0 comment Read Full Article

Olam, Premier Flour benefit as CBN releases 50,000mt of maize

  Olam, Premier Flour benefit as CBN releases 50,000mt of maize

The Central Bank of Nigeria (CBN), through its anchor borrowers’ programme (ABP), has released 50,000 metric tonnes of maize to

0 comment Read Full Article

Emefiele: 2.9m farmers have benefitted from anchor borrowers’ programme

  Emefiele: 2.9m farmers have benefitted from anchor borrowers’ programme

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says 2.9 million farmers have cultivated 3.6 million hectares across

0 comment Read Full Article

Nigeria’s N1trn infrastructure company to commence operations later in 2021, says Emefiele

  Nigeria’s N1trn infrastructure company to commence operations later in 2021, says Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the Infrastructure Corporation of Nigeria (Infra-Co) will commence operations

0 comment Read Full Article