CBN did not authorise any bank to collect N500, N1000 old note
The Central Bank of Nigeria has debunked false media report that it authorised commercial banks to collect old N500, N1000 notes.
Why AfDB, AGF solicit increased financing access for women entrepreneurs
The African Development Bank (AfDB) and the African Guarantee Fund (AGF) have stressed the need to close the finance access gap for women-led businesses to increase their contributions to the country’s economic growth.
Why UK agency approves naira for financing transactions
Britain’s export finance agency will add the naira to its list of “pre-approved currencies” for financing transactions.
CBN refutes claims of Naira devaluation, says $1/N465 remains
The Central Bank of Nigeria (CBN), has debunked media report of its devaluation of naira to N631 from the rate of N461/$.
FAAC share N1.1trn to FG, states, LGCs for August
The Federation Account Allocation Committee (FAAC), has shared the sum of N1.1 trillion to the Federal Government, states and Local Government Councils (LGCs) for August.
Why 1,368 BDCs to get $20,000 CBN FX intervention
About 1368 eligible Bureau De Change (BDC) Operators in Abuja, Awka, Kano and Lagos are set to benefit from the 20,000 dollars weekly FX...
