News
Nigeria: CBN Assures Adequate Cash Supply Amidst Scarcity Concerns
The Central Bank of Nigeria (CBN) has reassured the public that there is a sufficient amount of cash in circulation, addressing concerns over ...
News
Nigeria: Advancing Financial Inclusion: Nigeria Reaches 74%, Cardoso Advocates Innovation
Dr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria, urged economic stakeholders to embrace innovation in closing the financial inclusion gap ...
Nigeria
Nigeria: Alert Microfinance Bank Secures State Licence Approval from CBN
Alert Microfinance Bank, a deposit-taking institution licensed by the Central Bank of Nigeria (CBN), has announced the receipt of a state licence approval ...
Nigeria
Nigeria: CBN Set to Uphold Tight Monetary Policy Measures in 2024
Analysts predict that the Central Bank of Nigeria (CBN) is poised to maintain a tight monetary policy in 2024 as a strategic move ...
News
Nigeria: NITDA’s Inuwa Envisions Technology Breaking Trade Barriers for Economic Growth
The National Information Technology Development Agency (NITDA) is actively pursuing the elimination of physical trade barriers through digital technology to foster economic growth ...
News
Nigeria: CBN Dismisses Reports on Banks Failing CAR Stress Test, Assures Public of Industry Resilience
The Central Bank of Nigeria (CBN) has discredited recent media reports suggesting that certain licensed commercial banks in the country failed the Capital ...
Nigeria
Nigeria: Finance Minister Advocates Fiscal Policy Review and Tax Reforms for Nigeria’s Economic Revitalization
Mr. Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, has emphasized the urgent need for a comprehensive review of ...
News
Nigeria: NITDA Unveils Strategic Plans to Bolster Resilience in Nigeria’s IT industry
Kashifu Inuwa, the Director-General of the National Information Technology Development Agency (NITDA), provided insights into the agency’s strategic vision to fortify Nigeria’s information ...
Nigeria
Nigeria: CBN Halts Charges on Cash Deposits Above N500k Until April 2024
The Central Bank of Nigeria (CBN) has announced the suspension of processing fees on cash deposits exceeding N500,000, extending this relief measure until ...
News
Nigeria: Central Bank of Nigeria Ensures Adequate Currency Supply Amidst Concerns
Amidst concerns raised by some Nigerians regarding the scarcity of Naira notes, the Central Bank of Nigeria (CBN) reassures the public that there ...
