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CENTRAL BANK OF NIGERIA CBN
With the pronouncement of an 18% primary lending rate the CBN, Nigeria now has the highest interest rate among the BRICS nations
KEY HIGHLIGHTS The inflation we are witnessing today is structural in nature and is largely driven by food...
These 10 digital banks are among the top licensed microfinance banks bridging the financial inclusion gap in Nigeria.
The economists said there is a need for SMEs to adopt a cost management posture in order to navigate rising hikes in the interest rate and rising inflation.
Market operators have said that the banking sector will need to rework its model to remain profitable under Tinubu's administration.
The value of electronic payment transactions in Nigeria declined by 5% in February despite the scarcity of cash during the period.
Godwin Emefiele has described as ‘fake news’ a report linking him with Labour Party's Gbadebo Rhodes-Vivour.
Market operators who spoke to Nairametrics said CBN's new directive on tenure of bank executives was borne out of necessity
The CBN has stated that the cumulative tenures of Executive Management and Non-Executive Directors of Deposit Money Banks and Financial Holding Companies will not pass 20 years with effect from February 24, 2023.
The Independent National Electoral Commission (INEC) has revealed that the Central bank of Nigeria (CBN) has provided the bulk of the cash it requested to pay critical service providers during Saturday’s election amid the naira scarcity.
Some private car owners in Abuja have turned their cars into mini taxis, picking up passengers and charging them up to N300 per trip
Nigerians spent $294.55 million on foreign health services between January and September 2022, according to the CBN.