Nigeria's Digital Currency ‘E-Naira’ to Be Designated Critical National Infrastructure - According to a report, the Central Bank of Nigeria (CBN) is planning to have its proposed digital currency designated “critical ...
Nigerian Naira falls to N510/$ at parallel market - THE Nigerian local currency yesterday lost N5 to close at N510/$1 at the parallel market over rising volatility in the foreign exchange ...
NOVA Merchant Bank appoints Onokpasa as Executive Director, Wholesale Bank and Treasury - NOVA Merchant Bank has appointed Emmanuel Onokpasa as Executive Director, Wholesale Bank and Treasury. In this role, Onokpasa ...
Nigeria’s central bank recovers customers’ N89.2b from commercial banks - The Central Bank of Nigeria (CBN) has so far recovered N89.2 billion of customer’s money from commercial banks in the country ...
Jaiz Bank’s net profit rises to N2b in first half of 2021 - Nigeria’s premier non-interest bank, Jaiz Bank Plc recorded impressive growth in profitability in the first half as increasing ...
CBN announces New Guidelines for Mobile Money Operators in Nigeria - The apex regulator of banking activities in Nigeria has released new guidelines to further regulate the services provided by mobile money operators ...
Naira Now N508/$1 at Unregulated FX Market as Pressure Eases - The value of the Naira against the United States Dollar at the black market has further strengthened to N508/$1, Financial Watch reports. ...
Nigeria’s central bank to monitor banks’ foreign exchange sale to customers - The Central Bank of Nigeria’s (CBN‘s) has assured the public that it will monitor commercial banks to ensure they ...
Nigerian Manufacturers says Single Forex Window will Eliminate Middlemen Excesses - The Manufacturers Association of Nigeria (MAN) has expressed hope in the recent forex policy instituted by the Central Bank of ...
WEMA Bank reports N4.3bn Profit before Tax in H1 2021 - WEMA Bank has announced a 149 percent growth in Profit Before Tax (PBT) to N4.3 billion in the first half ...
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