The Central Bank of Nigeria (CBN) has granted MTN the final approval to operate as Momo Payment Service Bank Limited (Momo PSB). This was disclosed in...
There was respite for naira, the country’s local currency after the Nigeria’s foreign reserves added $84.25 million to hit $39.635 billion last week. Business Metrics found...
The Central Bank of Nigeria (CBN) has imposed an N800 million fine on three Deposit Money Banks (DMBs) in the country for violating regulations barring customers...
The Centre for Promotion of Private Enterprises (CPPE) has again urged the Central Bank of Nigeria (CBN) to adopt a flexible exchange rate regime to end...
Despite oil rally, Nigeria’s foreign reserves dipped by $145.51 million week-on-week to close at $39.52 billion as at March 24, latest data obtained from the Central...
The Monetary Policy Committee (MPC) met on 21st March 2022, in an environment of heightened geopolitical tensions and persisting macroeconomic uncertainties, associated with the recent Russia-Ukraine...
The first female Senior Advocate of Nigeria, Chief Folake Solanke, has urged the Central Bank of Nigeria (CBN) to stabilise value of the naira to prevent...
The House of Representatives’ Ad Hoc Committee on Recovery of Outstanding Debts Owed By Oil and Gas Companies has advanced drastic steps to recover a total...
The Central Bank of Nigeria (CBN) has pegged the minimum transaction limit for corporate and individuals transacting with Bank Neutral Cash Hubs at N1 million and...
As reserves loses grip on $40bn mark Analysts have expressed worries over depleting external reserves of the Central Bank of Nigeria as they warn of...
