Central Bank of Nigeria
Tweaking Nigeria’s financial inclusion strategy
The Central Bank of Nigeria says the country is not on track to meet the 2020 targets of an 80 percent financial inclusion rate for the adult population set out in the National Financial Inclusion strategy in 2012.
Nigeria's FX reserves drop 0.34% to $48bn in June
Fresh data from the Central Bank of Nigeria shows that Nigeria's forex reserves fell by 0.34 per cent to $48bn in June.
How Africa can create the right ecosystem to drive industrialisation
Emir of Kano and Former governor of the Central Bank of Nigeria, Muhammadu Sanusi says improved transparency and how governments prioritise national revenues can go a long way to free up funds to drive industrialisation on the continent.
41 items still banned under Nigeria-China currency swap deal - CBN
The Central Bank of Nigeria has announced that the Nigeria- China currency swap deal will not cover the importation of the 41 items blacklisted from the official foreign exchange.
CBN boosts forex liquidity with $210mn
As players in Nigeria's fixed income space await the results of today's primary market auction, the Central Bank of Nigeria boosted liquidity in the foreign exchange space with the sale of 210 million dollars.
Alleged Disappearance of $150,000 IAAF money: Reps to investigate AFN
The House also resolved to summon the Minister of Sports, Solomon Dalung and Central Bank of Nigeria officials over alleged disappearance of 150,000 dollars from the International Amateur Athletic Federation (IAAF) to the Athletic Federation of Nigeria (AFN).
CBN to auction N253bn Treasury Bills
The Central Bank of Nigeria plans to auction about 253 billion naira in treasury bills this week.
CBN, FIRS, others to meet to review Financial System Strategy 2020
The Central Bank of Nigeria, Federal Inland Revenue Service and other agencies involved in the administration of the Financial System Strategy 2020, are scheduled to meet today to review and deliberate on the Financial System Strategy 2020.
CBN targets to reduce financial exclusion to 20% by 2020
The Financial Inclusion Secretariat of the Central Bank of Nigeria's core mandate is to reduce the percentage of adult Nigerians that are excluded from financial services from 46.3 per cent in 2010 to 20 per cent by 2020.
Challenges to financial inclusion in Nigeria
The Central Bank of Nigeria launched the National Financial Inclusion Strategy in 2012 aimed at reducing its unbanked population to 20 percent by 2020.