Tag: CBN
Nigeria’s Reserves Hit $54bn, Highest In 18 Years
Nigeria’s external reserves have risen to $54.08 billion, reaching their highest level in nearly 18 years and moving further above the...
Naira closes week with N1.13 gain at official market
The Naira on Friday closed the week positive with gain at the official market, trading at N1,346.49 to the U.S. dollar. Data from the...
NPS Processes Over 26 Million Transactions as First Bank and Fidelity Bank Lead in Volume and Value
The Nigeria Inter-Bank Settlement System (NIBSS) Plc, Nigeria’s foremost payments infrastructure provider, has commenced the rollout of the National...
Tinubu praises Economic Team and NGX for stabilizing Economy and Rebound of capital market
…commends Cardoso for CBN performance. ….says NGX has increased from N30trn to N160 Trn Photo: President Bola Ahmed Tinubu receives the NGX...
Naira recovers, gains N3.38 at official market
The Naira on Monday opened the month of August on a positive note at the official market, trading at N1,364.83 to a dollar. Data from...
CBN Lists Five Strategies to Drive Next Stage of Fintech Growth in Nigeria
L-R: Mr. Emmanuel Ovaga, MD/CEO, PufferPay Ltd; Sola Longe-Okenimkpe, COO, Nuvu Africa; Prince Cookey, Publisher/Editor-in-Chief, Business Journal; Mr....
Naira gains N4.80 at official market
Naira The Naira on Tuesday appreciated at the official market, trading at N1,375.30 to a dollar....
CBN retains all policy rates
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has again retained the Monetary Policy Rate (MPR), the country’s...
Nigerias $52bn Foreign reserves to protect FX stability, says Cardoso
Central Bank Governor, Olayemi Cardoso, says Nigeria is building its external reserves to provide protection against shocks and excessive currency volatility, not...
Report says Nigerian banks’ assets reach N180.37trn, 41.8% GDP
Report Deposit Money Banks (DMBs) in Nigeria have recorded total assets of N180.37 trillion,...
