CBN Releasing $10,000 Twice A Week To FOREX Sales
The Central Bank of Nigeria, CBN, announced that it is reopening the sales of forex to licensed Bureau de Change operators, BDC, on September 7. …
Tag: CBN
Is CBN Unifying Exchange Rates Across Markets in Nigeria?
For the second time in the last months, the CBN appears to have further adjusted the official rates of naira/dollar. The rate is now down …
CBN Waives Condition For Applicants Of The N50bn COVID-19 Loan
The Central Bank of Nigeria (CBN) has waived one condition for accessing the N50bn COVID-19 loan for applicants. The Targeted Credit Facility was released by …
ATM: CBN Directs Banks to Resolve Failed Transactions
In a revised money reversal timeline, the Central Bank of Nigeria, CBN, directs banks to resolve failed ATM, POS, transactions. Starting June 8, and for …
N50bn CBN Loan Disbursement Now Ongoing At NIRSAL MFB
Allocation of the Central Bank of Nigeria’s, CBN N50bn intervention fund is now ongoing at NIRSAL microfinance bank. 3,256 individuals and small businesses will be …
CBN Fire Was Caused by a Failed Air Conditioner System
The Central Bank of Nigeria Jos, Plateau Branch experienced a minor fire outbreak today. The incident was directly announced on the CBN twitter account and …
Free Processing for COVID-19 Loan – Here’s how to access it at NIRSAL
Following the lockdown which was initiated due to the coronavirus pandemic, the Central Bank of Nigeria introduced N50 billion Targeted Credit Facility (TCF) stimulus package. …