News Summary: The Infrastructure Corporation of Nigeria (Infracorp) is stalled due to the Central Bank of Nigeria's delay in disbursing N1 trillion seed funding. Infracorp, established to address Nigeria's infrastructure ...
News Summary: The Central Bank of Nigeria (CBN) has denied rumours that it intends to withdraw the newly redesigned naira notes. The CBN will continue supplying currency for the economy's ...
CBN approves DLM Group’s acquisition of Links MfB - Development Investment Bank, DLM Capital, has received the final approval of the Central Bank of Nigeria (CBN) to acquire Links Microfinance Bank ...
Crypto Ban: CBN Fines FCMB N400m Over Failure to Close Customers’ Accounts - Mid-level lender, First City Monument Bank (FCMB), got a knock from the Central Bank of Nigeria (CBN) over ...
Crises looms in Nigeria’s banking sector as Customers lament indiscriminate charges - Crises may hit the banking sector baring urgent intervention by the Central Bank of Nigeria (CBN) as Customers ...
CBN clarifies reports on Plan To Stop Sale Of FOREX To Banks - Central Bank of Nigeria (CBN) has shed more light on reports of plans to stop foreign exchange to ...
FOREX Demand Pressure Crashes Naira by N1.22 at I&E - The Naira came under immense pressure on Friday against the United States Dollar at the Investors and Exporters (I&E) segment of ...
Nigerian Naira Weakens by 0.12% at Official Window - The Nigerian Naira weakened against the US Dollar at the Investors and Exporters (I&E) segment of the foreign exchange (forex) market on ...
FX website, AbokiFX says it will temporarily suspend rates update amid CBN crackdown - AbokiFX, an online foreign exchange rate website, has said it will temporarily suspend rates on all its ...
Naira Sells N413.07/$1 at I&E, N570/$1 at Black Market - As observers await a possible policy action from the Central Bank of Nigeria (CBN) on Friday just like it happened on July ...
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