December 11, 2023/CBN Please recall the processing charges imposed on cash deposits above N500,000 for Individuals and N3,000,000 for Corporates as contained in the “Guide to Charges by Banks, Other Financial Institutions and Non-Bank Financial Institutions” issued on December 20, 2019, under reference FPR/DIR/GEN/CIR/07/042. The Central Bank of Nigeria hereby […]
Money Market
AfDB Approves $66 Million Loan for Equity Enhancement of Tanzania Agricultural Development Bank
The financing will enable TADB to strengthen its capital and enhance the structure and effectiveness of financial and non-financial services it offers to entrepreneurs in the agriculture and related value chains December 11, 2023/AfDB The African Development Bank Group’s Board of Directors has approved a $66 million loan to the […]
CBN Alerts of Fake Naira Notes in Circulation
December 8, 2023/CBN The attention of the Central Bank of Nigeria (CBN) has been drawn to the circulation of counterfeit banknotes, especially higher denominations, by some individuals for transactions in food markets and other commercial centres across major cities in the country. For the avoidance of doubt, Section 20(4) of […]
