The Central Bank of Nigeria Governor, Olayemi Cardoso, has issued a stern warning to financial institutions, emphasizing that violations of the newly launched Nigeria Foreign Exchange...
When Wale Ameen came across the Central Bank of Nigeria’s (CBN) introduction of the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA),...
Cadbury Nigeria PLC has reported a pre-tax profit of N2 billion for the fourth quarter of 2024, as per its financial statement released on the Nigerian...
Sterling Bank Limited has filed a petition with the Inspector-General of Police, Kayode Egbetokun, regarding the alleged misuse of the National Assembly and the Police Force...
The Central Bank of Nigeria (CBN) has approved a waiver for the 2025 licence renewal fee for Bureau De Change (BDC) operators, effective immediately. This decision...
The Central Bank of Nigeria (CBN) has directed participants in the foreign exchange (FX) market to submit a compliance report on adherence to the Nigeria FX...
The Federal Government has announced the sale of three Federal Government of Nigeria (FGN) bonds totaling N450 billion. Details of the offering, as outlined in the...
The Central Bank of Nigeria (CBN) sold Treasury bills worth N756bn last week following a subscription at its primary auction. The apex bank offered N530bn across...
UBA, Zenith, Access, and other Nigerian banks have started reducing interest rates on foreign currency (FX) deposits due to an increase in dollar supply. This reduction...