Mobile money agents have become a familiar sight across Nigeria, using handy point-of-sale machines to provide essential ...
In the early stage of this administration, the banks played a major role in the implementation of the continued use of both ...
The Group Managing Director of Cowry Assets Management Limited, Johnson Chukwu, has urged the Central Bank of Nigeria to ...
Nigeria has exited the list of countries blocking the repatriation of airline funds, a new report by the International Air ...
The naira’s ongoing rally in both official and parallel markets highlights the success of financial sector reforms driven by the Olayemi Cardoso-led Central Bank of Nigeria (CBN). This rally reflects ...
The CITN also expressed its support for the tax bills currently under review by the National Assembly, asserting that they ...
The naira settled at N1,538.50 per dollar at the foreign exchange market for the first time after an appreciation streak. The ...
The key steps taken by the Central Bank of Nigeria (CBN) have helped to stabilise the naira against the dollar and increase ...
Days after the ultimatum that the Central Bank of Nigeria (CBN) gave banks to ensure the availability of cash within the banking halls and the Automated Teller Machines (ATMs) around the country, ...
CBN governor Cardoso insisted that empty cash machines will not be tolerated and warned that defaulting banks "will face stringent penalties".
Additionally, the report noted that FX volatility often intensifies within three days of FAAC disbursement. Legacy issues, ...
Nigeria’s headline economic growth has long been celebrated as evidence of its potential as an African powerhouse. Yet this ...