Tag: CBN

The Central Bank of Nigeria (CBN) has authorized foreign banks to work with their parent companies in availing and syndicating ...

According to the International Monetary Fund (IMF), over 40 per cent of deposits in local banks are now in United ...

The journey toward financial inclusion remains one of the primary objectives of the current administration, which will end in a ...

Nigerian lawmakers have finally approved the restructuring of N22.719 trillion borrowed by the Federal Government from the Central Bank of ...

According to Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), the number of transactions conducted online climbed by ...

Plans to phase out the currently in use new Naira Notes have been vetoed by the Central Bank of Nigeria. ...

Money held outside of banks (CoB) increased monthly (MoM) by 66 percent from N843 billion in February 2023 to N1.4 ...

The anticipated removal of subsidies on petroleum products after the end of President Muhammadu Buhari's administration has been put on ...

Acording to a World Bank estimate, the Nigerian diaspora sent $168.33 billion to Nigeria over the course of the previous ...

National Bureau of Statistics (NBS), said on Monday, that the average retail price of a litre of petrol has increased ...

Nigeria's high unemployment rate is alarmingly rising and is projected to hit 40 percent before the end of 2023, and ...

The Nigeria Customs Service has been given permission by the Federal Government to spend N3.4 billion on an aircraft Clement ...

Ray Youssef, the CEO of the popular peer-to-peer cryptocurrency exchange, Paxful, announced his resignation from the company. On the 17th, ...

The low circulation of the new naira notes (N200, N500, N1000) in the country is sending a mixed signal that ...

In a move aimed at ameliorate the pains that will come with removal of fuel subsidy after June, the Nigerian ...