Banks sell $3.3bn as CBN battles fresh naira slump
The naira suffered a fresh slide both at the official and parallel foreign exchange markets on Friday. The national currency ...
Monday, December 23, 2024
Tag: Banks
Banks, IMTOs to pay dollars, other diaspora remittances in naira
International Money Transfer Operators and banks in the country have halted the payment of dollars to their customers. Some banks ...
Airlines get $62m as CBN repays banks $2bn debt
The Central Bank of Nigeria has paid $2bn to clear a part of its backlog of matured foreign exchange obligations ...
CBN Investigation: Banks sustain positive outlook on NGX
Banking stocks on the Nigerian Exchange Limited maintained their positive trend as the local bourse shed N139bn on the first ...
Your money is safe in banks, CBN assures Nigerians
The Central Bank of Nigeria has affirmed the safety of funds in Nigerian banks, emphasising the stability of the country’s ...
CBN probes banks, PoS operators over naira scarcity
The Central Bank of Nigeria says it is investigating collusion between the banks and Point-of-Sale operators over the lingering cash ...
Banks need higher capital to support economy – Cardoso
The Governor, Central Bank of Nigeria, Mr Olayemi Cardoso, has said the banks need increased capital to support the economy. ...
Nigerian Banks Deemed Sound with Capital Adequacy Ratio at 14.2% – CBN
The Central Bank of Nigeria (CBN) has affirmed the soundness of the Nigerian banking sector, stating that the banks are ...
Banks income tax rises 132% to N311bn in 9 months
At the backdrop of the sharprise in their profit this year, leading commercial banks in the Nigeria have reported 132.1 ...
Nigerian Govt to shut online banks pestering debtors
Nigerian Government to shut online banks pestering debtors. The Federal Trade Commission has stated that it will delist any loan ...
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