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CBN Reviews Stringent Criteria For Accessing MSMEs Funds

The Central Bank of Nigeria has expressed concern that “not a penny” of the N26 billion Agri-Business, Small and Medium Enterprises Investment Scheme (AGSMEIS)...
Banking

FOREX LIQUIDITY: CBN Injects Fresh $210 Million

By 'Dotun Akintomide The apex bank Wednesday said it had injected $210 million sustain liquidity in the forex market. According to the Acting Director, Corporate Communications...
Banking

Bitcoin Breaks $10,000 Mark

Virtual currency Bitcoin continued its stratospheric rise on Wednesday, breaking  through the $10,000 barrier for the first, a record of over 900 per cent...
Banking

Bank Directors Account For Most Non-Performing Loans – NDIC

Nigerian Deposit Insurance Corporation has disclosed that from its examinations, most of the non-performing loans by the deposit money banks are insiders loan availed...
Banking

We ‘ll Soon Dump ATM Code For BVN Biometrics, Says CBN

The Central Bank of Nigeria (CBN) has disclosed that with the Bank Verification Number (BVN) in place, biometrics will soon be used for transactions...
Banking

FG Moves To Seize Accounts Without BVN

Justice Nnamdi Dimgba of the Federal High Court in Abuja  has granted a request by Attorney General of the Federation, Abubakar Malami, for a...
Banking

12m Farmers Set For CBN Anchor Borrowers Programme

Alhaji Aminu Goronyo, National President, Rice Farmers Association (RIFAN), says more than 12 million rice farmers will participate in this year’s Anchor Borrowers Programme...
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