CBN's COVID-19 Forbearance Leads to Loan Repricing
China’s central bank, the People’s Bank of China (PBOC), executed its most substantial medium-term liquidity injection since December 2020, injecting a net 289 billion yuan ($39.6...
Customer complaints to five major Nigerian banks have surged by an alarming 117% year-on-year, with the number of grievances skyrocketing from 3,156,704 in June 2022 to...
President Bola Tinubu has approved the removal of the Federal Capital Territory (FCT) from the Treasury Single Account (TSA), a move that is set to empower...
The Central Bank of Nigeria (CBN) has announced the reversal of a 2015 circular that prohibited access to foreign exchange (FX) for 43 specific items. Isa...
The Federal High Court in Lagos is set to commence proceedings to decide the fate of the 11th Annual General Meeting (AGM) of First Bank Holdings...
Nigeria’s Economic and Financial Crimes Commission (EFCC) has revealed that it has successfully unearthed N27 billion as part of its ongoing crackdown on financial misdeeds. This...
The National Pension Commission (PenCom) announced that as of the end of the third quarter of 2023, the number of Retirement Savings Accounts (RSAs) under its...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of October 11th, 2023, the dollar...
In an effort to address Nigeria’s persistent foreign exchange liquidity crisis, Nairagram, a licensed International Money Transfer Operator, has announced a partnership with the Central Bank...
