Nigerian banks, others borrowed N30.45tn from CBN in Q1 2024 – Report
Nigerian banks and merchant banks in the first quarter of this year,…
CBN drops exchange rate for import duties to N1303/$1
The Central Bank of Nigeria has reduced the exchange rate for customs…
Bankers oppose removal of retained earnings in CBN terms
Bankers are expressing their disapproval of the Central Bank's decision to exclude…
CBN raises commercial banks capital base to N500bn
Nigeria's Central Bank has raised the capital base of commercial banks with…
CBN clears all ‘valid’ FX backlog
The Central Bank of Nigeria has officially confirmed the settlement of all…
Senate discovers new infractions on N30tn loans, summons CBN gov
The Senate Ad-hoc Committee probing how the N30tn Ways and Means loans…
Customs exchange rate for cargo clearance reduce to N1593/$
The exchange rate for cargo clearance decreased to N1593.41/$, which represents a…
External reserves rise to $993m – Report
Recent data released by the Central Bank of Nigeria reveals a significant…
FX payments rose to $1.3bn in February – CBN
Foreign remittances into the nation increased to $1.3 billion in February 2024…
CBN, Gluwa signs MoU to boost eNaira adoption
The Central Bank of Nigeria has signed a Memorandum of Understanding with…
CBN sells another N1.3 trillion in treasury bills at 21.5%
Melvin Onwubuke The Central Bank of Nigeria (CBN) has completed another round…
Analysts fear new interest rate may increase non-performing loans
By Melvin Onwubuke There are concerns by some financial experts, regarding…