The Central Bank of Nigeria (CBN) has taken steps to manage the country’s rising money supply, withdrawing N1.335 trillion from circulation. The measure, often referred to...
The Central Bank of Nigeria (CBN) on Friday said it sold 543.5 million dollars through a two-way quote at the Nigeria Foreign Exchange Market (NFEM) to...
The Central Bank of Nigeria (CBN) has expressed concerns over the country’s foreign exchange reserves, citing potential risks stemming from the removal of the petrol subsidy...
The Central Bank of Nigeria (CBN) has mandated all Payment Service Providers to route transactions from Point of Sale (PoS) terminals—both physical and electronic—through an approved...
The Federal Government of Nigeria has successfully raised over $900 million through its inaugural Domestic Federal Government of Nigeria (FGN) US Dollar Bond issuance. The Debt...
The Bank of Industry, BOI, has successfully raised €1.425 billion from the senior phase of its global loan syndication to boost financing for Nigeria’s businesses. The...
The Securities and Exchange Commission (SEC) on Wednesday, explained that it granted approval-in-principle to two crypto exchanges recently to give Nigerian youths the opportunity for capital...
President Bola Tinubu has approved the appointment of a new board of the Bank of Industry Limited According to a statement signed by Ajuri Ngelale, Special...
The Nigeria Data Protection Commission (NDPC) says the Federal Government has fined Fidelity Bank Plc. N555,800,000 for data breaches. National Commissioner of NDPC, Dr Vincent Olatunji,...
In the latest testament to the Central Bank of Nigeria’s (CBN) ongoing commitment to support the proper functioning of the foreign exchange market by enhancing liquidity...