CBN
-
How To Invest In Treasury Bills In Nigeria
Read More »Treasury bills in Nigeria are offered by the federal Government of Nigeria through the CBN (Central Bank of Nigeria). They are investments instruments that you as an individual or cooperation can invest in. Additionally, treasury bills are a way to raise funds from individuals and organizations by the Federal Government (FG) to meet up with …
-
Naira Gains 9.3% At Parallel Market Against Dollar (See New Rate)
Read More »Naira vs Dollar Nigerian currency, Naira has gained 9.3% as it strengthened to N435 to a dollar at the parallel market yesterday. This is against about N480 to a dollar it had been trading in the past days. However, this showed a gain of N45, representing about 9.3% rise. Currency dealers attributed the development …
-
CBN Extends Minimum Capital Requirement Deadlines For MFBs
Read More »Central Bank of Nigeria, CBN, has extended the deadlines for compliance with the revised minimum capital requirements for Microfinance Banks. CBN has considered the impact of the Covid-19 pandemic on general economic activities to extend the deadlines for compliance with the minimum capital requirements for Microfinance Banks (MFBs) in Nigeria. CHECK ALSO: 3 Nigerian …
-
How To Apply For CBN 50B Loan For COVID-19 Intervention
Read More »The Central Bank of Nigeria (CBN) has launched a Covid-19 Intervention loan of N50 Billion to support Nigerians and Businesses, see how to apply. COVID-19 intervention loan. In line with the ongoing world deadliest pandemic of our time, citing damages and losses suffered by businesses and lockdown has led the Central Bank of …