Tag: CBN

The value of the Nigerian Naira plunged to a new record low on Thursday morning, trading at a minimum of ...

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 ...

Wheat farmers received N41 billion in intervention funds to help with output, according to Heritage Bank Executive Director George Oko-Oboh, ...

“This notable increase was achieved amidst a continued decline in non-performing loans ratio from 5.3 percent in April 2022 to ...

“CBN has been hijacked and used as a funnel to provide extra-budgeting funding for the government and that has led ...

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 ...

The transaction is however still subject to the approval of the UK’s Prudential Regulatory Authority (PRA).

“This transaction is in line with our vision to create a globally connected community and ecosystem; inspired by Africa for ...

“So, there are so many components of remittances. But the component of inflows that came into this country so far, ...

Carbon, Branch, and Fairmoney are some of the leading lending Apps that are in compliance with CBN regulations.

Nwanisobi retiterated that the Bank was not against any company repatriating its funds from the country

Data from the National Bureau of Statistics (NBS) reveals that the last time Nigeria witnessed single-digit inflation was in January ...