Tag:DMBs

CBN Settles Additional FX Forwards with Banks

In fulfilment of its commitment to eliminate the backlog of pending matured foreign exchange in Deposit Money Banks (DMBs), the Central Bank of Nigeria...

CBN lifts restriction on Domiciliary Accounts, allows $10k withdrawals daily

The Central Bank of Nigeria, CBN, has said cash deposits into domiciliary accounts will no longer be restricted. The bank said this in guidance to...

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Forbes Billionaire Index: Dangote, Adenuga Gain, Rabiu Loses

Foremost Nigerian businessman and industrialist, Aliko Dangote has recorded major gain in his wealth while Abdul Samad Rabiu saw...
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Industrialization key to diversification of the economy – Dangote

The Pan-African Conglomerate, Dangote Industries Limited (DIL) has emphasized the crucial role of industrialization in diversifying the economy. The Regional...

Cybersecurity Expert, Dr. Ibrahim Waziri Jr, others appointed into FG’s Digital Health Committee

The Nigerian Federal Government has taken a significant step towards digitizing and transforming its healthcare sector by appointing a...

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Forbes Billionaire Index: Dangote, Adenuga Gain, Rabiu Loses

Foremost Nigerian businessman and industrialist, Aliko Dangote has recorded...

Industrialization key to diversification of the economy – Dangote

The Pan-African Conglomerate, Dangote Industries Limited (DIL) has emphasized...