Tag: Cbn
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The CBN highlights the government’s dedication to fostering business growth through SMEDAN’s N19 billion allocation
The Central Bank of Nigeria has highlighted the 238.87% increase in the 2024 budget allocation for the Small and Medium Enterprises Development Agency of...
The CBN is considering increasing banks’ capital base to N900 billion, as per a recent report
A recent report suggests that the Central Bank of Nigeria might instruct commercial banks with international banking licenses to increase their capital base to...
ACF expresses opposition to the transfer of CBN units and FAAN headquarters to Lagos
The Arewa Consultative Forum strongly criticizes the President Bola Tinubu-led administration's decision to relocate key departments of the Central Bank of Nigeria and the...
Over a six-month period, CBN reported that expenditures on overseas medical and school bills amounted to $1.58 billion
Nigerians channeled $1.58 billion into health tourism, foreign education, and personal expenditures in the first half of 2023, as per data from the Central...
CBN reverses prohibition on cryptocurrency transactions
The Central Bank of Nigeria has changed its stance on crypto assets in the country and asked banks to disregard its earlier ban on...
