CBN Injects $500Mn Into FX Market For Outstanding Commitments
The Central Bank of Nigeria (CBN) announced the release of another $500…
Intervention Funds: Bank Customers, NANTS, Others Seek MFBs’ Involvement
Worried by the recent alleged abuses in the disbursement of poverty alleviation…
PwC Hinges Nigeria’s Economic Growth On 7 Determinants In 2024
….Forecasts 38.8% Poverty Level In 2024 Leading professional services firm, PwC Nigeria,…
ABCON Renews Moves On Publication Of Parallel Market FX Rates
After over two years the Central Bank of Nigeria (CBN) banned AbokiFX…
CBN Tackles FX Transactions Abuses In Clearing Liabilities Backlog
….Assures On Settlement Of Verified FX Backlog In furtherance of its sustained…
2024: Maiden OMO Bills Auctions Record Mixed Subscriptions
The first Open Market Operations (OMO) bills auctions for 2024 have recorded…
CBN Dissolves Boards Of Union Bank, Keystone Bank, Polaris Bank
…..Announces New CEOs For Lenders The apex bank’s Acting Director, Corporate…
CBN Settles Additional $61.64Mn FX Forwards With Banks
In furtherance of its commitment to offset the backlog of pending matured…
Naira Opens Year 2024 Negative, Loses N81.35/$1 At NAFEM
The naira opened the 2024 year on a negative note on Tuesday…
New Guidelines: CBN Prohibits Cash Withdrawals From Crypto Accounts
The Central Bank of Nigeria (CBN) has announced that cash withdrawals will…