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Nigeria’s FX market now more transparent with $500m daily turnover —…
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the country’s foreign exchange (FX) market is now…
Why we can’t introduce new economic intervention schemes for now…
The Central Bank of Nigeria (CBN) says it cannot introduce new intervention programmes because N4.69 trillion of past…
16 banks have met CBN’s capital requirements — Cardoso
The Central Bank of Nigeria (CBN) has announced that 16 banks have now fully satisfied the regulatory capital requirements.…
CBN retains interest rate at 27%
The Monetary Policy Committee of the Central Bank of Nigeria has kept the benchmark interest rate unchanged at 27 per cent,…
Why we fired our co-founder, Ezra Olubi – Paystack
Nigerian fintech company, Paystack has explained why it terminated the employment it's co-founder, Ezra Olubi.
The…
FG mulls establishment of 1,000 businesses in each ward to stimulate local…
President Bola Tinubu, on Friday, announced Nigeria’s plan to establish 1,000 active businesses in every ward across the country…
FAAC shares N2.09trn to FG, states, local councils as October revenue
The Federation Account Allocation Committee (FAAC) has distributed a total of N2.094 trillion to the Federal Government, state…
Zenith Bank speaks on expansion drive into E’Africa market, alleged…
Zenith Bank Plc has dismissed recent media reports claiming that it is in the process of acquiring Paramount Bank in Kenya as part…
Nigeria records significant rise in foreign reserve
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has announced that the nation’s foreign reserves have surpassed…
Nigeria imported 31.69m barrels of crude from US in seven months –…
Nigeria imported 31.69 million barrels of crude oil from the United States in seven months, according to data from the US Energy…