Business
33 out of 38 banks meet capital requirements, as CBN close recapitalisation exercise
The Central Bank of Nigeria (CBN) says 33 banks out of 38 met the revised minimum capital requirements under its recapitalisation programme aimed ...
Business
Nigeria’s gross external reserves rise to $50bn, highest in 13 years
Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), says Nigeria’s gross external reserves have risen to $50.45 billion – the ...
Business
Nigeria target $1bn monthly diaspora remittances, following $600m monthly increment of inflows
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Thursday, February 19, said Nigeria is targeting $1 billion in monthly ...
Business
Nigeria’s foreign reserve rises to $46bn
Nigeria’s foreign reserves have risen to over $46 billion, according to the governor of the Central Bank of Nigeria (CBN), Yemi Cardoso. Cardoso, ...