Business
Nigeria’s gross external reserves rise to $52.52bn
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), on Tuesday, July 21, disclosed that Nigeria’s gross external reserves rose to $52.52 ...
Politics
CBN confirm opening 2 domiciliary accounts linked to controversial agency, PFIPC on AGF’s office directive
The Central Bank of Nigeria (CBN) on Monday, July 20, confirmed opening two domiciliary accounts linked to the controversial Presidential Foreign Investment Promotion ...
Business
CBN revoke licences of 46 microfinance banks over failure to meet regulatory requirements
The Central Bank of Nigeria (CBN) on Wednesday, July 1, revoked the operating licences of 46 Microfinance Banks (MFBs), citing their failure to ...
Business
CBN retains interest rate at 26.5%
The Monetary Policy Committee of the Central Bank of Nigeria, CBN has retained the benchmark interest rate at 26.5 per cent. The CBN ...
Business
Naira appreciates by 1.12% to trade N1,340 per dollar at parallel market
The naira appreciated by 1.12 percent in the parallel segment of the foreign exchange market on Friday, climbing to N1,340 per dollar. This ...
Business
Nigeria’s FX reserves soar to $48.5bn, highest in 13 years
Nigeria’s Foreign Exchange, FX, reserves surged to $48.5 billion on Tuesday, February 17, marking the highest level in roughly 13 years. Data from ...
Economy
Senate demands explanation from CBN over N1.44trn unremitted surplus
The Senate on Thursday demanded a detailed explanation from the Central Bank of Nigeria, CBN, regarding the alleged non-remittance of N1.44 trillion in ...
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Wale Edun spotted at public appearance in Abuja amidst report of deteriorating health
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made a public appearance in Abuja on Sunday, after days of ...
Business
CBN, Bank of Angola sign MoU to boost bilateral cooperation
The Central Bank of Nigeria, CBN, and the Bank of Angola have signed a Memorandum of Understanding to strengthen bilateral cooperation, promote knowledge ...
Business
CBN, Bank of Angola sign landmark agreement to strengthen technical cooperation, cross-border financial supervision
The Central Bank of Nigeria, CBN, and the National Bank of Angola have entered into a historic Memorandum of Understanding, MoU, aimed at ...