Tag:Central Bank of Nigeria

How CBN Hired 16 New Directors

The Central Bank of Nigeria (CBN) has appointed 16 new directors to head various departments, according to internal documents. Although the appointments have yet to...

Customers to pay for using ATM as CBN Removes three free monthly withdrawals

The Central Bank of Nigeria (CBN) has announced that, starting from March 1, it will eliminate the three free monthly withdrawal transactions for customers...

Why CBN Disqualified 41.65 Million Shares in Access Holdings’ Rights Issue

The Central Bank of Nigeria (CBN) has disqualified 41.65 million shares, valued at N822.60 million, from Access Holdings Plc’s recently concluded rights issue. According to...

Expert faults Cardoso, CBN over hike in interest rate

Mr Daniel Akeju, an advisor and treasury manager has faulted the Central Bank of Nigeria (CBN) recent increase in the Monetary Policy Rate (MPR)...

UBA, Zenith Bank, 2 others delay in filing 2023 results

Four banks have disclosed that they will delay the filing of their audited results for 2023. The United Bank for Africa, Zenith Bank, Stanbic IBTC...

Naira appreciates by 1.5% against dollar, now N1,431.49/$

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...

Naira appreciates against dollar, now N1450/$

The naira, on Wednesday, appreciated to N1,450 per dollar at the parallel section of the foreign exchange (FX) market. The currency appreciated from N1,600 recorded...

MPR: Obaseki blasts CBN, warns of tougher times ahead

The Edo State Governor, Mr. Godwin Obaseki, has predicted tougher economic times for the country due to bad economic policies by the Federal Government,...

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Tinubu’s Appointment Violates Constitution, Will Boomerang – Ndume

Senator Ali Ndume, senator representing Borno south, has raised concerns over President Bola Ahmed Tinubu's recent appointment, claiming that...
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Naira Drops to N1,612 per Dollar Amid FX Market Pressures

On Monday, the Naira fell to N1,612 per Dollar at the official foreign exchange (FX) market, marking its lowest...

Four Gospel Singers Die in Fatal Ogun Auto Crash

Four well-known Nigerian gospel singers tragically lost their lives in a devastating car accident along the Ikorodu/Sagamu Road in...

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Tinubu’s Appointment Violates Constitution, Will Boomerang – Ndume

Senator Ali Ndume, senator representing Borno south, has raised...

Naira Drops to N1,612 per Dollar Amid FX Market Pressures

On Monday, the Naira fell to N1,612 per Dollar...