Naira4dollar scheme

Banking

How anchor borrowers’ program created over 2.5 million jobs in Nigeria

How anchor borrowers’ program created over 2.5 million jobs in Nigeria Anchor borrowers’ program – the Central Bank of Nigeria’s governor, Godwin Emefiele has revealed the utmost impact of the federal government instituted anchor borrowers’ program under President Mohammad Buhari,… Continue Reading…

Banking

Banks to support vulnerable sectors with N60bn – Emefiele

Banks to support vulnerable sectors with N60bn – Emefiele. As Nigeria foreign reserve has continued to improve progressively, the Central Bank Governor, Godwin Emefiele disclosed that Nigeria external reserve now amounts to $47bn from $46bn recorded weeks back.  However the… Continue Reading…

Banking

CBN DGs, MPC newly confirmed members Assume duty

CBN DGs, MPC newly confirmed members Assume duty. The newly deputy Governors of Central Bank Aisha Ahmad and Edward Adamu alongside the Monetary Policy Committee have assumed duty after being confirmed by the senate, they resumed on Wednesday. In the… Continue Reading…

small business loan

Importation

CBN Intervention: Apex Bank injects $339.89m into forex market

CBN Intervention: Apex Bank injects $339.89m into forex market. The Central Bank of Nigeria (CBN) can confirm it has injected  $339.89 million into the forex market to further enhance sustainability of its proposed intervention in the Retail Secondary Market Intervention… Continue Reading…

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