As part of efforts to make credit more accessible for women, the Central Bank of Nigeria (CBN) and the International Finance Corporation (IFC), an arm of the World Bank say they are working together to create non-physical collateral for women. Speaking at the International Sustainability Forum in Lagos yesterday, CBN […]
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Non-compliance with sustainable banking principles’ll attract sanctions’
The acting Governor, Central Bank of Nigeria, Dr. Sarah Alade, on Monday said that non-compliance with the nine sustainable banking principles by banks in the country could lead to sanctions. She, however, said the central bank had yet to set any specific deadline for compliance because the concept was still […]
Nigerian naira firms up vs dollar on central bank intervention
Nigeria’s naira firmed against the dollar on the interbank market on Monday after the central bank said it will sell dollars on forward delivery from Monday in its bid to shore up the domestic currency’s value. The naira strengthened 0.69 percent to 163.70 to the dollar, up from its 164.85 […]
