It is the dawn of a new era for Keystone Bank, a top player in the Nigerian banking sector. As part of a broader strategy to...
As investors seek higher returns and long-time maturities, the Central Bank of Nigeria (CBN) has raised a whooping N9.27 trillion worth of Nigerian Treasury Bills (NTBs)...
Nigeria’s credit to the private sector has surged by 33.69% year-on-year to N75.48 trillion as of July 2024. This substantial growth comes amid rising money supply...
The Central Bank of Nigeria (CBN) has announced that remittance inflows in July 2024 surged to a record $553 million. This represents a 130% increase compared...
The persistent weakening of the naira and the volatility of the foreign exchange market have been attributed to the inconsistent dollar allocations by the Central Bank...
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has lauded the adoption of the International Financial Reporting Standards (IFRS) as a pivotal...
The Central Bank of Nigeria (CBN) has announced the commencement of a retail dollar auction to address the growing unmet foreign exchange (forex) demand. This move...
The Nigerian Senate has passed a bill amending the Central Bank of Nigeria (CBN) Act to allow the federal government to double its Ways and Means...
Nigerian foreign investments surged following the Central Bank of Nigeria’s (CBN) recent bank recapitalisation program. The CBN Governor, Olayemi Cardoso, stated this during an event in...
The Nigerian financial sector is in turmoil as bankers and economic experts raised alarms over the proposed 70 percent foreign exchange (forex) windfall tax on banks...