The Central Bank of Nigeria (CBN) has reported a 39% increase in inflows through International Money Transfer Operators (IMTOs) for…
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The average spot price of Nigeria reference crude oil (bonny light) stood at $85.68 in the first quarter of 2024-…
The federal government has raised N225.714 billion in the July 2024 bond auction, which is about 75% of its target…
The Nigerian Vice President, Kashim Shettima, has said that the federal government is committed to bringing over 30 million unbanked…
In recent weeks, a series of monetary policy decisions have seen central banks across Africa hold benchmark interest rates, as…
The Central Bank of Nigeria (CBN) has announced the sale of $106.5 million as foreign exchange (FX) to 29 FX…
KuCoin, a leading cryptocurrency exchange in Nigeria, announced it would resume a 7.5% Value Added Tax (VAT) on all crypto…
The Corporate Affairs Commission (CAC) has asked the 4,173 Bureau De Change companies whose licences were recently revoked by the…
The Central Bank of Nigeria says it will discontinue the foreign exchange price verification system portal used by importers from…
The governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has said that the country recorded a total foreign…
The Central Bank of Nigeria (CBN) has officially discontinued its Price Verification System (PVS) portal just ten months after its…
The Governor of the Central Bank, Yemi Cardoso, stated that the country has already experienced the worst of naira volatility…
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has emphasized the necessity of maintaining higher interest rates…
The Securities and Exchange Commission (SEC) has published its comprehensive framework for the 2024 banking sector capitalisation programme. Released on…
Mr. Sam Onukwue is the Chairman of the Association of Securities Dealing Houses of Nigeria (ASHON) and a Fellow of…
The Senate Committee on Banking, Insurance, and Financial Institutions is set to convene a Public Hearing on Thursday to discuss…
The National Assembly’s move to review the Central Bank of Nigeria Act 2007 has sparked concerns among analysts, who warn…
The Central Bank of Nigeria (CBN) has announced a 150 basis points increase in the interest rate, raising the Monetary…
The Central Bank of Nigeria (CBN) has identified “seasonal demands” as a key factor contributing to the recent instability observed…
The Central Bank of Nigeria (CBN) has announced that mobile money operators, including fintech firms like OPay, Palmpay, Kuda Bank,…