CBN Bans Foreign Banks’ Representative Office From Banking Business
The Central Bank of Nigeria, (CBN), has banned representative offices of foreign banks from engaging...
Finance & Economy
CBN Threatens To Penalize Shipping Lines over Undocumented Exports
The Central Bank of Nigeria (CBN) has threatened to penalize shipping companies exporting undocumented cargoes...
DMO Sheds More Light On CBN’s N22.7tn Emergency Loan To FG
The Debt Management Office (DMO) has said the securitisation of CBN’s N22.7 trillion “Ways and...
Nigerians Lose Confidence In Naira, Over 40% Of Savings In Banks Are In U.S Dollars – IMF
Over 40 per cent of deposits in Nigerian banks are denominated in United States (U.S.)...
‘How Scarcity Of New Naira Notes May Halt Hoarding’
Samuel Mobolaji There are indications that the unavailability of the redesigned notes in the public...
CBN Puts 7,552 BVN On Watchlist, e-Naira Transaction Hits 1.4m
The Central Bank of Nigeria (CBN) said it has placed 7,552 Bank Verification Numbers (BVN)...
Nigeria Records $1.345bn Non-oil Export In Q1 2023—NEPC
Nigeria recorded earnings of $1.345 billion from the export of about 167 products in the...
Naira Scarcity: CBN Supplies More New Notes To Banks
With rising concerns around the seeming disappearance of newly redesigned notes, the Central Bank of...
Interswitch Group Partners Credit Bank of Kenya and IFAD to Deepen Remittance Play.
As part of sustained efforts to create solutions that enable individuals and communities prosper across...
No Going Back On Redesigned Naira Notes Policy– CBN
The Central Bank of Nigeria (CBN) has said that there is no immediate or future...
