The International Air Transport Association (IATA) has confirmed that 98% of the foreign airline funds held up in Nigeria have now been successfully cleared. This progress…
Browsing: Central Bank of Nigeria
At least two hundred officials of the Central Bank of Nigeria (CBN) were dismissed from their duties on Friday in the latest restructuring move by the…
As the recapitalisation of banks continues, the Central Bank of Nigeria (CBN) has indicated that four deposit money banks in Nigeria have transitioned their banking licences from regional…
The Nigeria Labour Congress (NLC) is calling for the withdrawal of the recently imposed cybersecurity levy by the Central Bank of Nigeria (CBN). Joe Ajaero, the President of…
The Governor of the Central Bank of Nigeria, Olayemi Cardoso has clarified that the apex bank is not utilising the nation’s foreign reserves to strengthen the…
Central Bank Governor, Olayemi Cardoso has clarified that the significant depletion of the country’s foreign reserves was as a result of the repayment of a backlog…
The Central Bank of Nigeria this week sold up to 86 million dollars in the spot market in its first sale of dollars in the market…
The Central Bank of Nigeria (CBN) has denied any intentions by the Federal Government to convert its $30 billion domiciliary deposits into Naira. This response comes…
Nigerian Business Structure and Finance Coach Nancy Nnadi on Monday, said most Small and Medium-Scale Enterprises (SMEs) in Nigeria are unable to evolve and grow financially…
The Federal Government of Nigeria has witnessed a 67% growth in its non-oil revenue, reaching approximately N4 trillion quarter-on-quarter, as per the Central Bank of Nigeria’s…