Latest Banking News
CBN Raises Benchmark Interest Rate To 17.5%
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) ended…
Naira Depreciates, Trades N753/$1 At Black Market
The Naira depreciated in exchange for the US dollar at the black…
NGX Closes Negative, As Capitalization Dips N25Bn
Nigeria’s equities market closed negative on Tuesday, as bears took over the…
Rumour About CBN Withholding N89Trn Stamp Duty Untrue – Emefiele
The governor of the Central Bank of Nigeria, Godwin Emefiele, on Tuesday…
Again, Senate Asks CBN To Shift Old Banknotes’ Withdrawal Deadline
The Senate on Tuesday reiterated the need for the Central Bank of…
Nigeria’s Equities Market Opens Positive, As Investors Gain N18Bn
Nigeria’s equities market closed positive on Monday, as bulls took hold of…
Naira Depreciates, Exchanges N748/$1 At Parallel Market
The Naira weakened in the black market on Thursday, trading at N748/S1…
AfDB Forecasts 4% GDP Growth For Africa In 2023-2024
The African Development Bank (AfDB) has projected that Africa is set to…
State Governors To Parley CBN Governor On Banknotes’ Policy
The 36 state governors in the country have invited the Governor of…
Nigeria’s Equities Market Closes Negative, As Investors Lose N46Bn
Nigeria’s equities market closed negative on Wednesday as bears dominated the trading…