The Nigerian Senate has inaugurated an ad-hoc committee to probe the Central Bank of Nigeria (CBN’s) Anchor Borrowers Programme, and…
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The special adviser to President Bola Tinubu on Media and Publicity, Ajuri Ngelale, has said the former Central Bank Governor,…
“Goldman Sachs analysts Andrew Matheny and Bojosi Morule have projected a significant turnaround for Nigeria’s currency, foreseeing a remarkable appreciation to N1,200 against the US dollar within the span of 12 months.”
The Bank ultimately awarded N1.3 trillion in T-Bills at an interest rate of 21.49 percent. These funds will be used by the CBN to intervene in the forex market, buying dollars and selling Naira.
The Central Bank of Nigeria (CBN) reported a significant increase in foreign exchange inflow into the economy in February. Acting…
A crypto investigator Obinna Iwuno says traders on the cryptocurrency trading website Binance, which is accused of allowing $26 billion…
The International Monetary Fund (IMF), says addressing food insecurity should be the immediate priority for the Nigerian government. The IMF…
The Central Bank of Nigeria (CBN’s) N1.053 trillion ($680 million) in short-term instruments were successfully concluded with investors over subscribing…
The ongoing linkages of banks’ customers’ National Identification Numbers (NINs) to their Bank Verification Numbers (BVNs), may affect 85.51 million customers’ ability to make withdraws from their accounts by March 1, 2024.
The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureau De Change (BDC) operators.