Browsing Tag

CBN

How To Use The eNaira Wallet Without Internet

The Central Bank of Nigeria (CBN) has unveiled the Unstructured Supplementary Service Data (USSD) code for its eNaira, indicating that Nigerians without internet-enabled phones can use eNaira for transactions. The decision by the apex…

Debt Servicing Hits $101m In January – CBN

The Central Bank of Nigeria (CBN) has revealed that the country’s monthly debt service rose by $31.46m in one month to $101.29m in January 2022. According to data released on debt service repayment, the apex bank stated that figures…

How To Repay Your COVID-19 NIRSAL Loans

Recently, we reported that NIRSAL Microfinance Bank (NMFB) has called for the repayment of COVID-19 loans given to households and businesses across the country. The loan was part of the Central Bank of Nigeria’s targeted credit…

CBN Urges Nigerians To Embrace eNaira

The Central Bank of Nigeria (CBN) has yet again urged citizens to embrace the new digital currency, eNaira. The apex bank had on Thursday, said that the introduction of eNaira in the financial system is to, among others, improve the…

CBN Inaugurates Giant Rice Mill To Help Northern States

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has inaugurated the Gerawa Rice Mill in Kano State. The state-of-the-art company can process up to 420 metric tons of rice per day. Speaking at the launch, Emefiele…

CBN Launches TIES Loans For Undergraduates, Graduates

The Central Bank of Nigeria (CBN) has unveiled the Tertiary Institutions Entrepreneurship Scheme (TIES) designed to grant financial support to undergraduates and graduates with entrepreneurial skills. The CBN Governor, Mr Godwin…

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