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Tag: CBN

CBN Releasing $10,000 Twice A Week To FOREX Sales
Business

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…

Christina NgeneSeptember 2, 2020November 11, 2020
Is CBN Unifying Exchange Rates Across Markets in Nigeria?
Finance

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.…

Christina NgeneAugust 10, 2020August 10, 2020
CBN Waives Condition For Applicants Of The N50bn COVID-19 Loan
BusinessFinance

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…

Christina NgeneJune 9, 2020June 9, 2020
ATM: CBN Directs Banks to Resolve Failed Transactions
BusinessFinance

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.…

Christina NgeneJune 2, 2020June 2, 2020
N50bn CBN Loan Disbursement Now Ongoing At NIRSAL MFB
Africa

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…

Christina NgeneMay 4, 2020April 8, 2025
CBN Fire Was Caused by a Failed Air Conditioner System
Featured

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…

Christina NgeneApril 21, 2020April 21, 2020
Free Processing for COVID-19 Loan – Here’s how to access it at NIRSAL
BusinessFinance

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…

Christina NgeneApril 14, 2020June 15, 2020

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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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