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CBN

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…

How To Apply For CBN ₦5bn In ‘100 For 100 PPP Loan’

The Central Bank of Nigeria (CBN) has announced the introduction of a policy on production and productivity (PPP) to be known as 100 for 100 PPP. The CBN wants to provide funds for interested and qualified private companies who will be…

eNaira speed wallet app now back on Google play store

The eNaira speed wallet is back on the Google Play Store after disappearing for hours. The apps were on October 27 reportedly missing. Sources confirmed that the sudden disappearance was due to necessary updates. The Central Bank of…

How To Download and fund your eNaira Speed Wallet

The Nigerian Central Bank Digital Currency (CBDC), known as the eNaira was officially unveiled yesterday by President Muhammadu Buhari and it's now live. The eNaira will serve as a digital legal tender and carries the same value as the…

Buhari unveils Nigerian Digital Currency e-Naira

The much anticipated Nigerian digital currency, e-Naira has finally been officially unveiled today at the country's State House in Abuja. mNaija recall that the Central Bank of Nigeria (CBN) had earlier announced that President Muhammadu…

President Buhari To Launch E-Naira On Monday – CBN

The Central Bank of Nigeria, CBN, has announced that President Muhammadu Buhari will officially unveil the e-Naira on Monday, October 25, 2021. mNaija recalled that the CBN had on September 30 suspended the launch of its digital…

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