cash Archives

Cash outside banks drop to ₦4.92trn, lowest in months

The amount of cash held outside Nigeria’s banking system declined to N4.92 trillion in June 2026, the lowest level in seven months. This is according to the latest Money and Credit Statistics released by the Central Bank of Nigeria. The latest figure marks a significant retreat from the elevated cash levels recorded at the end […]

aadelekepdnlimited-com
28th July 2026
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NNPCL secures $2bn oil-for-cash loan from Afreximbank, UBA

The African Export-Import Bank as well as the United Bank for Africa have disbursed $2.25 billion from a $3.3 billion oil-for-cash loan facility created by the Nigerian National Petroleum Company Limited. The first payment of $2.25 billion has been disbursed, with a second tranche of $1.05 billion scheduled to follow. The $3.3 billion emergency loan […]

bfatoyepdnlimited-com
15th January 2024
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224 Views

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CBN fails to tackle spraying as cash scarcity bites harder

The traditional and cultural practice of spraying(spending) cash during parties in Nigeria has become increasingly challenging to control. A lot of Nigerians can still buy their way into getting enough cash especially in new notes to spray at these events despite the ban by the apex bank. A business man based in the FCT, Adekunle […]

bfatoyepdnlimited-com
8th January 2024
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289 Views

US, Iran near deal to reopen Strait of

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Tag: cash

Cash outside banks drop to ₦4.92trn, lowest in months

NNPCL secures $2bn oil-for-cash loan from Afreximbank, UBA

CBN fails to tackle spraying as cash scarcity bites harder

Apple seeks court order to block OpenAI AI.

Amazon faces antitrust lawsuit over treatment of delivery.

US, Iran near deal to reopen Strait of.

ICYMI: Amazon’s market value hits $3trn on AI.

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