The recent announcement by the Central Bank of Nigeria (CBN) to relocate key departments to its Lagos office has sparked mixed reactions, particularly among some workers who are expressing concerns ...
The Central Bank of Nigeria (CBN) is set to relocate some of its departments to Lagos State, as part of an effort to decongest the apex bank's head office. An ...
The naira has lost 26.36 per cent of its value against the dollar at the official Investor and Exporter window of the foreign exchange market since the Central Bank of ...
In a decisive move on Wednesday, the Central Bank of Nigeria (CBN) dissolved the boards and managements of Polaris, Union, and Keystone Banks. CBN, through Hakama Sidi Ali, its acting ...
The Central Bank of Nigeria has paid $2bn to clear a part of its backlog of matured foreign exchange obligations to the Deposit Money Banks. Reports have put CBN’s forward ...
According to the Central Bank of Nigeria’s (CBN) economic report for the third quarter of 2023, foreign direct investors have significantly increased their asset disposals in Nigeria, reaching a substantial ...
The Federal Government has grown its non oil revenue by 67 per cent to approximately N4tn quarter-on-quarter, according to the Central Bank of Nigeria’s third quarter report. The report also ...
The volume of eNaira in circulation rose by 284.6 per cent to N9.78bn in August, according to the Central Bank of Nigeria. This is as the volume of notes and ...
Banking stocks on the Nigerian Exchange Limited maintained their positive trend as the local bourse shed N139bn on the first trading day after the Christmas holiday. The All-Share Index and ...
The Central Bank of Nigeria has affirmed the safety of funds in Nigerian banks, emphasising the stability of the country’s banking sector. The apex bank therefore advised the public to ...
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