FGN funds for MSMEs, small business enterprises in Nigeria
The federal government, FGN has been influencing the MSME sub-sector of the Nigerian economy with funds in recent years. It achieves this by employing the …
Tag: CBN
How government spending is impacting Nigeria in 2021
Federal government spending for 2021 is regularly being reported alongside its deficits by the Budget Nigeria Office. The FG projected an aggregate revenue of N8.13 …
Details of CBN digital currency, eNaira, Bitt Inc. and things to know
The Central Bank of Nigeria, CBN has formally engaged with global Fintech company, Bitt Inc., as its technical partner on the eNaira digital currency project. …
CBN partners with Bitt Inc for digital currency, eNaira project
The Central Bank of Nigeria (CBN) has announced the formal engagement of the global Fintech company, Bitt Inc., as the Technical Partner for its digital …
CBN digital currency, e-naira could offer a major boost
The introduction of the e-naira by the Central Bank of Nigeria, CBN as a scheme in the protection of the local currency could also give …
What $3.4bn SDR from IMF means for Nigeria and its foreign reserve
Before the SDR from the IMF, Nigeria had its foreign reserve quoted at $33.54 billion. Global multilateral lender, the International Monetary Fund (IMF) has confirmed …
CBN requires other financial institutions to set up cyber threat intelligence, CTI programme
CBN directs other financial institutions to set up a CTI programme. In its recent risk-based cybersecurity framework and guidelines for other financial institutions, OFIs, the …
Things to know about the CBN, federal reserve, monetary policy
There are so many things that to know about the operations and activities of the CBN. The CBN is a fully autonomous body, performing its …
How to access credit as an MSMEs, small business in Nigeria
Credit access that is available to MSMEs, businesses in Nigeria. The Central Bank of Nigeria, CBN, has been cautious about access to credit for micro, …
CBN directs banks to set up FX sales points for travel allowances, others
Deposit money banks (DMBs) in Nigeria have received a directive from the Central Bank of Nigeria, CBN, to set up teller points at designated branches …