Days after the Central Bank of Nigeria ordered Deposit Money Banks to guard against artificial cash scarcity in the country, ...
The Central Bank of Nigeria (CBN) has acknowledged that the country is currently facing a financial and economic crisis.At ...
The launch of Electronic Foreign Exchange Matching System (EFEMS) by the Central Bank of Nigeria (CBN) has propelled the naira to significant gains, with rates strengthening to N1,587.29 to the dollar ...
The Central Bank of Nigeria’s cautious interest rate hike on Tuesday and optimistic messaging on inflation has some ...
Supply Smart, a subsidiary of Wild Fusion Holdings, has been granted an Agency Banking License by the Central Bank of Nigeria ...
The House of Representatives has urged the Central Bank of Nigeria(CBN) to suspend further implementation of its planned retirement of 1,000 staff and associated payoff scheme of N50 billion, pending ...
The Central Bank of Nigeria raised interest rates for the sixth straight time this year, intensifying its quest to curb surging inflation and support the battered naira.
Economists argue that money supply alone does not determine Nigerian inflation and that structural factors need to be ...
Nigeria's inflation rate rose again from September to October 2024, reaching 33.88%. Between January and October 2024, the Nigerian naira lost 82% of its value, according to data analysis firm ...
Nigeria's Central Bank (CBN) has decided to take action to address the cash shortage at ATMs. Starting on December 1, commercial banks failing to supply their ATMs and branches with cash will face ...
Zenith Bank Plc has emerged as ‘Bank of the Year, Nigeria’ in The Banker’s Bank of the Year Awards 2024. The award, which was ...
The Central Bank of Nigeria, CBN, has said that Nigeria remains in a financial and economic crisis. CBN Governor Yemi Cardoso ...