CBN denies probing extortion allegation at Ecobank
The Central Bank of Nigeria (CBN) has denied probing Ecobank Nigeria and…
CBN okays Unity, Providus Banks’ merger arrangement
The Central Bank of Nigeria (CBN) has granted approval for a financial…
Tinubu seeks global assistance to tackle illicit financial flows
President Bola Tinubu says his administration has implemented bold policies to propel…
Banks come under pressure as recapitalisation requirement fall short of N4trn
Nigerian banking industry is currently faced with the pressure of raising capital…
CBN targets FX liquidity with another $148m sales to 29 dealers
The Central Bank of Nigeria (CBN) has sold $148 million to 29…
NASS passes Finance Bill, imposes 70% levy on Banks’ windfall forex profits
The National Assembly on Tuesday passed proposed amendment to the Finance Act which seeks…
Dormant accounts are more susceptible to fraud – Cardoso
Olayemi Cardoso, the governor of Central Bank of Nigeria (CBN), says dormant…
CBN injects $106.5m into forex market amid demand surge
The Central Bank of Nigeria (CBN) on Friday said it sold the…
Why inflation may increase – NESG
The Nigeria Economic Summit Group (NESG) has said the inflationary pressures in…
CBN approves sale of FX to BDCs at N1,450/$
CBN has approved the sale of foreign exchange (FX) to eligible bureau…