... if allowed would make the CBN a, “statutory corporation under the law, to become a ministry or a mere agency or department of the government.
The value of the Nigerian Naira plunged to a new record low on Thursday morning, trading at a minimum of N730 to $1, down 0.69 percent...
The CBN had also intervened by releasing $265 million to clear part of the forex backlog.
For e-commerce, we have seen a 9.946 percent increase between July and September, and this remains very encouraging.
To combat growing inflation, the Central Bank of Nigeria’s (CBN) policy-setting council increased the Monetary Policy Rate (MPR), which measures interest rates, from 14 percent to...
Wheat farmers received N41 billion in intervention funds to help with output, according to Heritage Bank Executive Director George Oko-Oboh, at a time when the country’s...
“This notable increase was achieved amidst a continued decline in non-performing loans ratio from 5.3 percent in April 2022 to 5.0 percent in June 2022.”
“CBN has been hijacked and used as a funnel to provide extra-budgeting funding for the government and that has led to a significant level of inflation,...
CBDCs if made for offline use, could provide financial services to people who previously lacked bank accounts.
Inbound flights from Dubai to Lagos (EK783) and outbound flights from Lagos to Dubai (EK784) will recommence from Sunday 11th September 2022
