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Mobile Network Operators (MNOs) have decried political interference as a contributing factor to the ongoing impasse surrounding the non-payment of approximately N150 billion debt owed by...
The Central Bank of Nigeria (CBN) has criticized JP Morgan’s recent estimate of Nigeria’s foreign exchange reserves, calling it a misrepresentation. Hassan Mahmud, Director of the...
The Association of Bureau De Change Operators of Nigeria (ABCON) has assured that the Nigerian economy will begin to see and capture the diaspora remittances that...
In a notable development, the disparity between the maximum lending rate and savings deposit rate within the Nigerian banking landscape dropped by 1.62% during July. For...
The acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, had earlier in August attributed the crash of the naira against the dollar and...
The board of Stanbic IBTC Holdings Plc has announced a delay in the release of its Half-Year (HY) financial results as it seeks the approval of...
Money Supply statistics from the Central Bank of Nigeria (CBN) as of June 2023 showed that currency in circulation increased month-on-month by 3.03% in June to...
The Chartered Institute of Bankers of Nigeria (CIBN) praised the efforts by President Bola Tinubu towards stabilizing Nigeria’s forex rate adding that the effort of the...
The Governor of Kwara State, Abdulrahman Abdulrazaq, has said that the N5 billion palliative approved by the Federal Government to each of the 36 states and...
In a bid to enhance the efficiency of the Nigerian Foreign Exchange Market, the Central Bank of Nigeria (CBN) has unveiled a series of operational changes...