11 results
- 7 Feb 2019
How Entrepreneurship Training Institutes Defraud Nigerians By CBN
Central Bank of Nigeria (CBN) has called on the general public to be careful in dealing with some Entrepreneurship Development Institutions (EDIs), purporting to be CBN-accredited EDIs. These…
- 20 Aug 2021
Nirsal MFB Denies Alleged Extortion of Loan Applicants
NIRSAL Microfinance Bank (NMFB) has denied claims that its staff had extorted applicants and promised to grant them approvals for their loan requests. In a statement, the bank management described…
- 25 Nov 2021
Emefiele Flags-off TIE Scheme
Mr Godwin Emefiele, Central Bank of Nigeria (CBN) Governor, yesterday, officially flagged off the Tertiary Institutions Entrepreneurship Scheme (TIES), an intervention of the apex bank aimed at…
- 15 Feb 2019
Banks Set Up Special Funds for ICT, Other Sectors
Bankers Committee has said it is setting aside special funds to provide capacity and support to the creative and the ICT industries. The initiative will be funded from at least 5 percent of…
- 6 Jul 2021
DFA Applauds CBN’s Oversight Functions on NIRSAL’s Operations
The Development Finance Advocates (DFA), a network of individuals who believe and support the adoption of development finance strategy in growing the Nigerian economy has commended the Central Bank…
- 21 Oct 2025
Banks' Funding Failure: The Shocking Rot In Nigeria's Intervention Programmes
By Blaise Udunze For over a decade, the Nigerian government and its financial institutions have launched a flurry of intervention funds, all with the promise to empower industries, revive the…
- 22 Sept 2020
CBN Disburses N3.5tr COVID-19 Intervention Cash
Central Bank of Nigeria (CBN) had disbursed N3.5 trillion to different sectors of the economy to cushion the effects of the Coronavirus pandemic. Mr. Godwin Emefiele, CBN governor It will also…
- 24 Jan 2024
FG Earmarks N200Bn to Support MSMEs
The Federal Government of Nigeria has allocated N200 billion to support Micro, Small, and Medium Enterprises (MSMEs) and the manufacturing sectors, aiming to generate job opportunities and foster…
- 1 Apr 2024
Some Nigerian Reportedly Owing CBN N261.07Bn COVID-19 Loan
Some Nigerians who benefited from the Central Bank of Nigeria (CBN) and NIRSAL Microfinance Bank’s targeted credit facility (TCF) have failed to pay N261.07bn out of N419.42bn given out, according to…
- 7 Oct 2021
CBN Commits over N1.3 trillion to Boost Economy
The Central Bank of Nigeria (CBN) has committed over N1.3 trillion to various intervention programmes, in order to boost the economy, in the last one and half years following the outbreak of the…
- 15 Mar 2021
NIRSAL Microfinance Bank Warns Public on Loan Scammers
NIRSAL) on Monday raised the alarm over the activities of scammers posing as its staff or agents, demanding and receiving money from unsuspecting members of the public purportedly to secure COVID-19…