NCR To Boost MSMEs Lending By Over N1.23tn   The Central Bank of Nigeria has said that the National Collateral Registry would boost lending by financial institutions to the Micro, Small and Medium Enterprises by over N1.23tn. The CBN Governor, Mr Godwin Emefiele, said this on Monday...

CBN Supports 568 Agric Projects with N577bn   A total of 568 agricultural projects valued at N577.3bn have been financed by the Central Bank of Nigeria under the Commercial Agriculture Credit Scheme. The CACS commenced in 2009 as part of the developmental role of the CBN to...

CBN’s ‘Unconventional’ Policy And Rise In Entrepreneurship   At the early stage of the development intervention by the Central Bank of Nigeria (CBN), amid its novelty, was regarded by many as a waste of taxpayers fund. By 2016, the nation's real sector has been supported up to...

Report Says "CBN Recorded $40.9bn Forex Inflow In 9months"   Between January and September last year, a total foreign exchange inflow of $40.93bn was recorded by the Central Bank of Nigeria. The inflow of $40.93bn, when compared with the $27.95bn recorded in the first nine months of...

CBN Cautions Against Rising Debt Level The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday cautioned the Federal Government against the rising debt level in the country. The committee warned that except the Federal Government came up with measures to address the country’s...

Analysts Rule Out Interest Rate Cut As MPC Meets As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) commences its first meeting in 2019 today, financial market analysts have ruled out the possibility of a cut in interest rate, on the eve of the...