Tag: CBN

The rise in deficit spending was driven by 20.5 per cent increase in expenditure which moderated the impact of a ...

Scarcity of the naira currencies has persisted in the commercial banks in Nigeria. This despite the Central Bank of Nigeria ...

The Central Bank of Nigeria (CBN) has announced it will freeze accounts without a Bank Verification Number (BVN) or National ...

Deimos Managed Infrastructure (DMI) to provide resilience and growth opportunities for businesses

Tunde Lemo, a former Deputy Governor, Central Bank of Nigeria, has advised against the free floating of the naira. He ...

The second edition of the International Financial Inclusion Conference (#IFIC2023) Nigeria’s flagship Financial Inclusion event is scheduled to hold on ...

The figures released by NBS on Friday indicates a high in inflation rate for the Africa's largest economy in close ...

Writer: TOLULOPE OLANIYI More than US$20 billion dollars was remitted into Nigeria last year by the nearly 1.5 million Nigerian migrants ...

Unlike conventional payment platforms, Swap is not just another payment solution—it's a commitment to reimagine foreign currency exchange, with promises ...

The evolution of online and digital banking has spurred a whole new set of expectations among customers, especially around Digital ...

The CBN spent 40.42 per cent more than the N53.29bn it spent in the preceding year, to rollout the naira ...

The Central Bank of Nigeria (CBN) has refuted reports that it unveiled a series of fresh operational guidelines for forex ...

Despite providing N155.63 billion for staff allowances in 2022, which included categories like furniture, housing, leave, transport, productivity allowances, and ...

Also, on Thursday, the CBN declared a consolidated Group and Bank’s profit of N103.85 billion and N65.62 billion respectively for ...

Writer: LAURA FISAYO-KOLAWOLE, Head, Equities and Alternative Asset Solutions at FBNQuest Asset Management. The financial industry in Nigeria has experienced ...