JUST-IN: CBN Launches FX Code To Promote Market Integrity
The Central Bank of Nigeria (CBN) has launched the Nigeria Foreign Exchange Code (FX Code) with a vision for a ...
Tag: Central Bank of Nigeria (CBN)
World Bank, IMF Urge CBN To Tackle Inflation As Rate Hits 34.8%
The World Bank and the International Monetary Fund (IMF) have called on the Central Bank of Nigeria (CBN) to remain ...
Naira Pushes To N1,532/$1, 1.1% Gain
The value of the naira closed last week stronger than it began as it appreciated by 1.1 per cent at ...
Inflation Outlook For 2025 Looks Positive – Stakeholders
Stakeholders predicted positive outlook for inflation rate in 2025 on sustained moderation in exchange rate volatility and improvements in foreign ...
Wema Bank Announces Final Tranche Of Recapitalisation Exercise With N200bn
Wema Bank has announced that it will be completing its capital raise through a combination of a Rights Issue and ...
Restoring Sanity To Nigeria’s Banking Sector
The Central Bank of Nigeria (CBN) has once again demonstrated its resolve to uphold stability and discipline in the banking ...
Naira Declines To N1,551/$1 Amid Rising Demand
The value of the naira started the week on a depreciating note, sliding slightly to N1,551 and to the dollar ...
Electronic Transfers Hit N566.39trn
Electronic transfers in Nigeria reached a cumulative total of N566.39 trillion from January to July, indicating a significant increase in ...
CBN Records $6bn External Reserves Growth
The governor of the Central Bank of Nigeria, Olayemi Cardoso has said the bank's foreign reserves grew significantly by $6bn ...
CBN Approves Obozuwa’s Appointment As ED In FCMB
First City Monument Bank (FCMB) has appointed Felicia Obozuwa as executive director, Corporate Services and Service Management, following approval from ...