The non-interest lending facility was introduced by the Central Bank of Nigeria in collaboration with NIRSAL micro finance bank. In this post, we will guide you on how to apply for the CBN interest-free loan. This loan presents a special opportunity for those who meet the requirements to access financing without the restrictions of conventional … Read more
The exchange rate between the Nigerian Naira (NGN) and the United States Dollar (USD) is an important factor for businesses, investors, travelers, and individuals involved in international transactions. This article provides the latest updates and analysis of the Dollar to Naira exchange rate, shedding light on the factors influencing the rate and the potential impact … Read more
Folashodun Adebisi Shonubi is a prominent figure in the Nigerian banking sector and currently serves as the Governor of the Central Bank of Nigeria (CBN). With an impressive career spanning decades, Shonubi has contributed significantly to the development and stability of Nigeria’s financial system. Shonubi’s journey in the banking industry started with his early education … Read more
The Central Bank of Nigeria (CBN) has stated that with the introduction of the National Domestic Card system, Afrigo, it will be setting a timetable beyond which the country‘s current card schemes will no longer be permitted to be used for domestic transactions. Godwin Emefiele, the Governor of the CBN, said the following Thursday during … Read more