The naira extended its appreciation on Monday, closing at N1,355/$ at the official foreign exchange window, according to data from…
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Coronation Merchant Bank has completed its recapitalisation programme, raising its paid-up capital to N50.26 billion, in compliance with the N50…
The naira closed stronger at N1,363.5 per dollar at the official foreign exchange market on Friday, rebounding after a sharp…
The Central Bank of Nigeria (CBN) has directed banks and other card issuers to significantly expand the deployment of Automated…
The Central Bank of Nigeria (CBN) has revised its guidelines on dormant accounts, removing the mandatory affidavit requirement for customers…
The Central Bank of Nigeria (CBN) has indicated that Nigerian banks may be required to raise additional capital following the…
The Central Bank of Nigeria (CBN) has introduced a temporary ₦20,000 transaction limit for customers who activate or reinstall mobile…
Nigeria’s deposit money banks (DMBs) placed nearly N7 trillion in excess liquidity at the Central Bank of Nigeria’s (CBN) Standing…
The Central Bank of Nigeria (CBN) has introduced stricter controls on suspected fraudulent transactions, Bank Verification Number (BVN) enrolment and…
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said ongoing economic reforms are reinforcing the foundations of…