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CBN
Foreign direct investors have tripled their asset disposals in Nigeria, reaching a staggering $200 million, according to the CBN.
The simple truth is that no one can predict the future; no economist or investment house predicted Covid 19, the Russian invasion of Ukraine and subsequent sanctions.
The Nigerian Exchange Limited (NGX) closed 2023 on a high note, fueled by renewed investor confidence in listed companies.
The Federal Government of Nigeria tapped into the CBN for a substantial N2.94 trillion through Ways and Means Advances between July and December 2023.
The rising cost of living has pushed Nigerians to borrow about N740 billion from banks between January and September this year.
The last set of Nigerian Treasury bills to be issued in 2023 enjoyed massive investors’ confidence as the CBN recorded an oversubscription of N970 billion during the December market auction.
The Central Bank of Nigeria (CBN) has said that it recovered N264.04 billion from borrowers under its development financing programmes in the first six months of 2023.
CBN has reported a 284.6% increase in the transaction volume of its digital currency, eNaira, for August 2023.
One of the crypto exchanges in Nigeria, Yellow Card, has expressed confidence that cryptocurrency usage will spike in Nigeria from 2024 as a result of the guidelines recently released by the Central Bank of Nigeria (CBN, lifting the ban on crypto transactions.
The Central Bank of Nigeria (CBN) has reassured bank users that their funds are secure in their respective accounts, emphasizing that there is no need for panic withdrawals.
The embattled former Central Bank of Nigeria (CBN) Godwin Emefiele has reacted to the purported report by Jim Obazee accusing him and other CBN officials of multiple misconducts during his tenure as the apex bank chief.
Titan Trust Bank has issued a press release in response to a circulating report of a special investigation into the CBN, which includes allegations of TTB's illegal acquisition of Union Bank of Nigeria Plc.