• Moves to license shared cash hub operators • Considers areas with large banking activities • To accommodate individuals, corporate entities…
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The stock market of the Nigerian Exchange Limited (NGX) gained N6 billion, even as Monetary Policy Committee (MPC) of the…
*Exporters also guilty of under-invoicing *Action will preserve Nigeria’s scarce forex The Central Bank of Nigeria (CBN) has taken a…
*New system to operate on a Global Price Verification Mechanism guided by benchmark prices The Central Bank of Nigeria (CBN)…
• Trade at a wide swing as illiquidity rises • Official rate closed at N435/$ in 2021 to narrow trading…
The increasing investment in crypto currencies and crypto markets has led to a significant rise in crypto scams and thefts,…
The South-East Amalgamated Markets Traders Association has decried what it described as “multiple and indiscriminate charges and deductions on customers”…
The Central Bank Governor, Godwin Emefiele, said that the apex bank would establish an International Financial Centre at the Eko…
Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), says that in less than four weeks, the eNaira app had…
• MPC retains lending rate at 11.5% for 14th consecutive month • CBN pleased with investors’ interest in First Bank’s…