In a surprising twist in the foreign exchange market, the Nigerian naira on Tuesday recorded a modest appreciation against the United States dollar, exchanging at ₦1,530.52/$ at the official window. …
CBN
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AfricaAFRICA NEWSBusinessBusiness and EconomyEconomyFinance & ServicesMarketsNigeriaWestern Africa
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AfricaAFRICA NEWSBanking, Finance & InvestmentNigeria
ABCON seeks CBN’s support for digital transition
by Editorby EditorAs exchange rate volatility continues to impact the economy, the Association of Bureau de Change Operators of Nigeria(ABCON) has called on the Central Bank of Nigeria (CBN) to democratize and …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessNigeria
Emefiele writes Reps over briefing on Cash Withdrawal Limits
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has again written to the House of Representatives, informing it of his unavailability to brief them on the new …
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Zenith Bank HackathonA total sum of N53 million in prize money was won at the end of a keenly contested hackathon session at the Second Edition of the Zenith Tech …
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AgricultureBanking, Finance & InvestmentBusinessEconomyNigeria
None Nigerian farmers benefitting from Anchor Borrowers’ Programme
The All Farmers Association of Nigeria, on Wednesday, said most beneficiaries of the billions of naira released by the Central Bank of Nigeria under its Anchor Borrowers’ Programme were not …
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Banking, Finance & InvestmentBusinessFinance & ServicesMarketsNigeria
Asset Management Corporation of Nigeria’s liabilities hit N5.7tn in 2022
Asset Management Corporation of Nigeria’s liabilities stood at N5.72tn as of the end of the first half of 2022. The Financial Markets Department of the Central Bank of Nigeria disclosed …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesUncategorized
MoMo Payment Service launches bill payment options for it’s users
MoMo Payment Service Bank has launched a bill payment options for its users. According to the firm, this option will allow users access to an inexpensive way to purchase prepaid …
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Naira weakened against the U.S. dollar on Wednesday, depreciating 0.11 per cent at the official market. According to data published on FMDQ websites, where forex is officially traded, the naira …
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Godwin Emefiele, The Governor of the Central Bank of Nigeria had ealier announced that the President, Major General Muhammadu Buhari, will unveil the New naira notes during the weekly Federal …
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Banking, Finance & InvestmentBusinessEconomyNigeria
CBN directs commercial banks to begin Saturday operations till January 31, 2023
The Central Bank of Nigeria has instructed commercial banks in the country to work on Saturdays till January 31, 2023, to enable bank customers to return old naira notes for …