CBN

January 31, (THEWILL) - The Central Bank of Nigeria (CBN) has released a guide on how and where you can lodge a complaint against financial institutions it regulates. THEWILL reports that the financial institutions include Deposit Money Banks (DMBs), Microfinance...

January 30, (THEWILL) - The Central Bank of Nigeria (CBN), has announced a reduction of fees for electronic banking operations in its published guidelines to banks and other financial institutions on Thursday, 27 January 2022. The bank said the review...

January 22, (THEWILL) - The Central Bank of Nigeria (CBN) has set February 1 take-off date for all importers and exporters to submit an electronic invoice (e-invoice) authenticated by the authorised dealer banks to the regulator. The CBN’s ‘Guidelines on...

January 18, (THEWILL) - The Central Bank of Nigeria (CBN) says its intervention in the agricultural sector in Nigeria has massively reduced the importation of rice into the country from Thailand. The apex bank explained that in 2014 Thailand exported...

January 17, (THEWILL) -President Muhammadu Buhari will unveil the Central Bank of Nigeria (CBN)'s Rice Pyramids in Abuja on Tuesday, January 18, 2022. THEWILL reports that the mega rice pyramids project is a collaboration of the CBN with Rice Farmers...

January 09, (THEWILL) - The Association of Bureaux De Change Operators of Nigeria (ABCON), an umbrella body for over 5,3000 Central Bank of Nigeria (CBN)-licenced Bureaux De Change (BDCs) has advised the apex bank to de-risk BDCs operations to allow...

December 12, (THEWILL) - The Central Bank of Nigeria (CBN) has  launched the Tertiary Institutions Entrepreneurship Scheme (TIES) . It is designed to catch budding entrepreneurs full of bankable ideas and energy to pursue their dreams. This is one...

November 23, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained its benchmark and policy rates at the last meeting of the year held November 22-23, 2021. The policy rate is the rate at...

The apex bank of Nigeria for decades usually comes with initiatives aimed at enhancing the financial condition of people. From regime to regime this type of fund intervention programme had come with different names and format. Recall that under Jonathan's...

November 01, (THEWILL) - Exactly six days after it launched Nigeria’s digital currency, eNaira, the Central Bank of Nigeria (CBN) on Monday unveiled the selection criteria for private sector companies to participate in its new financial instrument tagged, “The...