
CBN sells $122.7 million to 46 dealers in FX market stabilisation effort
Key Points The Central Bank of Nigeria (CBN) sold $122.7 million to 46 authorised dealers to stabilise the foreign exchange

Key Points The Central Bank of Nigeria (CBN) sold $122.7 million to 46 authorised dealers to stabilise the foreign exchange

Key Points GTCO launched a public offer to raise N400 billion on Monday. This move is in response to the

Key Points CBN discontinued the price verification system portal Expert underscored the importance of collaboration between CBN and the private

In light of the forthcoming bank recapitalisation in Nigeria, the Nigerian Exchange Group (NGX) has embarked on a proactive initiative

Court documents have revealed intricate details of the alleged theft of $6,230,000 from the Central Bank of Nigeria (CBN) on

She warned that restricting naira transactions on cryptocurrency exchanges could drive Nigerians to US dollar-denominated assets, worsening the naira’s

The Nigerian Deposit Insurance Commission (NDIC) and the House of Representatives have assured Heritage Bank depositors of the protection of

After denials by the Nigerian Deposit Insurance Corporation (NDIC) of a liquidation process, Nigeria’s Central Bank has taken decisive action

The Central Bank of Nigeria (CBN) has revoked the banking licence of Heritage Bank Plc. This action, according to the

Nigeria’s letter of credit payments has descended rapidly by 63 per cent in the first quarter of 2024 compared to

“The Central Bank of Nigeria was a strange place. …I found a culture in which my state of origin and

On Friday, May 24, 2024, Justice Yellim Bogoro of the Federal High Court in Ikoyi, Lagos, issued an interim forfeiture











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