FG Spent $894m To Service Foreign Debts From January To April 2023 - CBN   Data released by the Central Bank of Nigeria (CBN) has revealed that the federal government spent $894 million to service foreign debt obligations from January to April 2023. The export and international...

CBN Urges Women To Use eNaira For Transactions   The Central Bank of Nigeria (CBN) has called on women to embrace the eNaira for their transactions. The apex bank said this during a sensitisation programme on eNaira at the Law Ladies Day programme at the University of...

FG Disburses N173bn To Beneficiaries Under 100-for-100 Policy - CBN The Central Bank of Nigeria (CBN) has disbursed N173.31bn to beneficiaries under its 100-for-100 Policy on Production and Productivity since the commencement of the intervention. According to the bank, the CBN Governor, Godwin Emefiele, disclosed this...

CBN Sentisises Women on eNaira Adoption Central Bank of Nigeria has taken the sensitisation drive of eNaira to women during the Law Ladies Day programme in University of Lagos, Yaba, Lagos. A statement said the initiative was to further promote adoption of eNaira, the country’s central...

CBN Revokes 179 Microfinance Banks, Others’ Licences   The Central Bank of Nigeria (CBN) has revoked the licences of 179 microfinance banks in the country, as well as four primary mortgage banks and three finance companies. This was disclosed in the official gazette of the Federal Government,...

External Reserves Drop By $1.5bn In Four Months - CBN   The country’s external reserves fell by $1.5bn in four months, figures obtained from the Central Bank of Nigeria (CBN) has revealed. Latest figure on movement of the external reserves by the CBN revealed that the figure,...