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OPINION: CENTRAL BANK OF NIGERIA AND ITS LOAN ENTIRETY

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...

CBN Unveils Criteria for ‘100-for-100 PPP’

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...

PPP: CBN Rolls Out Selection Criteria For New Financial Instrument 

November 01, (THEWILL) - The Central Bank of Nigeria (CBN) has rolled out selection criteria for private sector companies to participate in its new financial instrument tagged, “The 100 for 100 PPP" The policy, 100 for 100 Policy on Production...

eNaira: CBN Explains Outage, Says App Undergoing Upgrade

October 28, (THEWILL) - The Central Bank of Nigeria (CBN) says the eNaira speed wallet app is currently undergoing an upgrade. eNaira is a digital currency issued by the CBN. It is a digital form of the naira that is...

CBN Alerts Nigerians To Fake eNaira Social Media Accounts

October 27, (THEWILL) - The Central Bank of Nigeria (CBN) has alerted Nigerians to fake social media handles of eNaira. The central bank digital currency, called eNaira,was launched on Monday  by President Muhammadu Buhari in Abuja. To access the eNaira, users have...

CBN To Finance 100 Companies In 100 Days In New Financial Instrument

October 25, (THEWILL) - The Central Bank of Nigeria (CBN) has unveiled a new financial instrument to be known as “The 100 for 100 Policy on Production and Productivity” to boost production and productivity in various sectors of the economy. The...

eNaira: CBN Integrates 33 Banks Into Platform, Releases N200m For Programme Take-Off

October 25, (THEWILL) - The Central Bank of Nigeria (CBN) has integrated 33 Banks into the eNaira platform with N500m successfully minted by the apex bank for the take off of the digital currency programme. The CBN Governor, Godwin Emefiele,...

CBN Revises Regulatory Framework For BVN Operations

October 17, (THEWILL) - The Central Bank of Nigeria (CBN) has issued a Revised Regulatory Framework for Bank Verification Number (BVN) Operations and Watch-List for the Nigerian banking industry. It said the move is in line with its objective...

CBN Issues Guidelines On Disposal Of Non-Permissible Income 

October 15, (THEWILL) - The Central Bank of Nigeria (CBN) has issued guidelines on the disposal of Non-Permissible Income (NPI) for Non-Interest Financial Institutions (NIFI). Non-permissible income ( NPI) is any income that accrues to non-interest finance institutions, such as interest...

CBN Financing Lagos Blue Line Rail Project With N110bn

The Central Bank of Nigeria (CBN) on Thursday said it is financing the Lagos State blue line rail project with N110 billion under its Real Sector Support Facility (RSSF) Differentiated Cash Reserve Requirement (DCRR) intervention fund. Already, the CBN has...
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Captives In Minefield: Kidnappers Turn Forests Into Death Traps As Woman Gives Birth In Captivity

The developments emerged from two separate kidnapping incidents involving prospective National Youth Service Corps (NYSC) members travelling to orientation camps in the South-East and South-South, and farmers abducted from their fields in Niger State.
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