The naira regained one-fifth of value in the past five weeks as increased foreign exchange inflows saw Nigeria’s forex reserves rising by $1.04 billion...
The Central Bank of Nigeria (CBN), has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences from N25 billion to...
The Naira experienced a slight appreciation at the official market, trading at N1,431.49 to a dollar on Friday.
Data from the official trading platform of...
The Edo State Governor, Mr. Godwin Obaseki, has predicted tougher economic times for the country due to bad economic policies by the Federal Government,...
The Nigeria Deposit Insurance Corporation (NDIC) has said that it is partnering with the Central Bank of Nigeria(CBN) to proactively address potential risks within...
Data from the Nigeria Interbank Settlement System have shown that electronic payments in Nigeria was N611.06 trillion in 2023, representing a 54.55% growth from...
