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Tag: CBN

CBN eNaira wallet limits, minimum balances for all account types
BusinessFinance

CBN eNaira wallet limits, minimum balances for all account types

For the purpose of the eNaira account operations, limits and balances, the Central Bank of Nigeria, CBN grouped customers into…

Christina NgeneNovember 17, 2021November 17, 2021
eNaira Speed Wallets and other options available on the CBN platform
BusinessFinance

eNaira Speed Wallets and other options available on the CBN platform

What are eNaira Speed Wallets? The Central Bank of Nigeria, CBN built the eNaira app with several capabilities to provide…

Christina NgeneNovember 1, 2021November 1, 2021
CBN eNaira – download, sign up and use eNaira wallet
BusinessFinance

CBN eNaira – download, sign up and use eNaira wallet

The Naira upgrades to a new status with eNaira and wallet. The CBN has announced that President Muhammadu Buhari will…

Christina NgeneOctober 25, 2021October 25, 2021
Access to CBN eNaira, download and use of CBN eNaira wallet
BusinessFinance

Access to CBN eNaira, download and use of CBN eNaira wallet

Anyone can have access to the CBN eNaira through the wallet, use it as cash and for forex. The Central…

Christina NgeneOctober 21, 2021October 21, 2021
CBN denies customers on the BVN watch-list  access to credit facilities
BusinessFinance

CBN denies customers on the BVN watch-list access to credit facilities

The Central Bank of Nigeria (CBN) has issued a revised regulatory framework for bank verification number (BVN) operations and a…

Christina NgeneOctober 13, 2021October 13, 2021
CBN yet to announce eNaira launch date after independence day
BusinessFinance

CBN yet to announce eNaira launch date after independence day

CBN extended eNaira launch date and put the project on hold indefinitely. The Central Bank of Nigeria, CBN announced that…

Christina NgeneOctober 5, 2021October 5, 2021
CBN digital currency eNaira website launches sooner than October 1
Business

CBN digital currency eNaira website launches sooner than October 1

Central Bank of Nigeria, CBN launches website for eNaira, Nigeria’s digital currency. The CBN has said that the eNaira, the…

Christina NgeneSeptember 29, 2021October 5, 2021
CBN affirms it will not convert forex in domiciliary account to naira
BusinessFinance

CBN affirms it will not convert forex in domiciliary account to naira

The Central Bank of Nigeria, CBN, has affirmed with a statement that it will not convert forex in domiciliary accounts…

Christina NgeneSeptember 11, 2021September 11, 2021
CBN new directive on bulk payment in banks, PSPs
BusinessFinance

CBN new directive on bulk payment in banks, PSPs

The Central Bank of Nigeria, CBN, has advised banks and Payment Services Providers, PSPs, to henceforth dis-aggregate bulk payment saying…

Christina NgeneSeptember 8, 2021September 8, 2021
How SMEs, MSMEs in Nigeria can get business loans
BusinessFinance

How SMEs, MSMEs in Nigeria can get business loans

A number of financial institutions in Nigeria have been employed by the federal government over the years to participate in…

Christina NgeneSeptember 7, 2021September 7, 2021

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The explosion and a suspected attack on the Trans-Niger Pipeline, TNP, have warranted a state of emergency in Rivers State. President Bola Tinubu made the announcement Tuesday, where he also suspended the current administration as well as, instated a new leader, Vice Admiral Ibokette Ibas, for six months to run the affairs of the state.

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