The Central Bank of Nigeria (CBN) will henceforth fine commercial banks for dispensing unfit naira notes either over the counter (OTC) or through Automated Teller Machines (ATM), while the mutilation of notes will attract a fine of N50,000 or six months imprisonment as the apex bank has released a Clean Note Policy and Banknotes Fitness […]
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CBN issues banknotes fitness guidelines to banks
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CBN Anchor Borrowers’ Programme: NIRSAL Supports Maize Farmers In Abia StateThe Nigeria Incentive- Based Risk Sharing System for Agricultural Lending (NIRSAL) is concluding harvest and post-harvest activities for maize in Lokpa Nta and Umunneochi local government areas of Abia State under the Central Bank of Nigeria(CBN)’s Anchor Borrowers’ Programme (ABP). The harvest processes include handling, storage, processing, transportation and off-take. NIRSAL, a participating financial institution […]
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CBN Sets 80% Target For Financial Inclusion DriveThe Central Bank of Nigeria (CBN) has launched the Revised National Financial Inclusion Strategy targeted to bring in 80 per cent of financially – excluded adults in the country into the inclusive net – access to banking and other financial services. The new strategy that was unveiled yesterday has three cardinal points: frameworks on consumer […]
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CBN unveils new policy to capture the unbankedThe Central Bank of Nigeria on Thursday unveiled the National Financial Inclusion Strategy designed to ensure that at least 80 per cent of Nigerians have access to banking and other financial servi...
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Financial Inclusion: CBN Unveils New Policy To Capture The UnbankedThe Central Bank of Nigeria (CBN), on Thursday unveiled the National Financial Inclusion Strategy designed to ensure that at least 80 per cent of Nigerians have access to banking and other financial services. Mrs Aisha Ahmad, the CBN Deputy Governor on Financial System Stability, made the presentation at the National Financial Literacy Stakeholders’ Conference in […]
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CBN anchor borrowers' program: NIRSAL supports Abia maize farmers - Vanguard News NigeriaThe Nigeria Incentive- Based Risk Sharing System for Agricultural Lending, NIRSAL, is concluding harvest and post-harvest activities for maize in Lokpa Nta and Umunneochi Local Government Areas of Abia State under the Central Bank of Nigeria’s, CBN Anchor Borrowers’ Programme, ABP.
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