Recapitalization: Exclusion of retained earnings seen increasing dividend payout
The exclusion of retained earnings from the computation of minimum capital by the CBN is likely to lead to increased ...
Tag: CBN
Nigeria records N234 trillion e-payment transactions in Q1 2024
From January to March, there was a steady rise in the amount of payment transactions carried out over the various ...
Nigeria’s FX reserves dip by over $2 billion in less than one month, hit lowest level in over six yearsÂ
Nigeria's foreign exchange (FX) reserves have witnessed a significant downturn, plunging by approximately $1.84 billion in 26 days, amidst the ...
Stamp duty: CBN objects Kasmal International Services’ suit against disbursement of ‘trillions’ in commercial banks
CBN has filed a preliminary objection against a legal action instituted by Kasmal International Services which sought a court order ...
Experts predict higher inflation rate for March 2024
The level of inflation in the country for the month of March 2024 and experts interviewed by Nairametrics have predicted ...
Naira opens shop below N1000 against dollar at some segments of black market
The naira strengthened against major currencies on Monday the greenback saw an increased safe-haven demand, in the wake of an ...
Scoring goals and valuing Naira: The market dynamics of Bukayo Saka and Nigeria’s currency
Same Bukayo Saka but different valuation, So which is the actual value of Saka? Is €100m overvalued, or is €10m ...
CBN drops interest rates on 1-year treasury bills by 42.4 bps to 20.7%
The CBN conducted another auction of Treasury bills (NT-bills) on April 12, 2024, with the yield on the 364-day bills ...
Zenith Bank seeks shareholders’ approval for capital raising
The Board of Zenith Bank Plc will request shareholder approval during its forthcoming Annual General Meeting to establish a capital ...
How I collected $3 million cash for Emefiele – CBN official tells Court Â
Monday Osazuwa, a staff member at the Central Bank of Nigeria (CBN), testified at the Ikeja Special Offences Court on ...
