Access Bank reaffirms commitment to diaspora financial inclusion, commends launch of NRBVN Platform
Access Bank Plc has reaffirmed its commitment to enhancing financial inclusion for Nigerians in the diaspora, following the successful launch ...
Tag: Central Bank of Nigeria
News and analysis about Central Bank of Nigeria
Naira weakens to N1,583/$1 at official market as FX reserves dip and BDC reforms loom
The naira began the week on a weaker footing, depreciating to N1,583/$1 on Monday at the official market. Â
Wema Bank to raise N50 billion via private placement as it moves to meet CBN’s recapitalization targetÂ
Wema Bank has announced plans to raise N50 billion through a private placement, as part of its strategy to meet ...
MAN to CBN: Stop banks from punishing manufacturers over unsettled forex obligations
The Manufacturers Association of Nigeria (MAN) has raised alarm over what it describes as the unjust treatment of its members ...
Why I invested N320bn in First Bank – Otedola credits Tinubu, Cardoso reformsÂ
Chairman of First Holdco Plc, Femi Otedola, has credited President Bola Tinubu’s economic reforms and the Central Bank of Nigeria’s ...
CBN retains MPR at 27.5%, keeps CRR at 50%, liquidity ratio at 30%Â
The Central Bank of Nigeria (CBN) has voted to retain the Monetary Policy Rate (MPR) at 27.5%, following its latest ...
Exchange rate gap widens as official closes at N1,599/$1, parallel N1,635/$1Â
The naira ended the week on a stronger note, appreciating slightly against the U.S. dollar to close at N1,599.01/$1 in ...
CBN to hold 300th Monetary Policy Committee meeting on May 19–20Â
The Central Bank of Nigeria (CBN) has announced that the 300th meeting of the Monetary Policy Committee (MPC) will take ...
Zenith Bank shareholders blame CBN fines for lower dividend payouts in 2024Â
Zenith Bank shareholders have expressed frustration over the high penalties imposed on commercial banks by regulatory authorities, particularly the Central ...
Court backs CBN, rejects interim ban on eNaira trademark useÂ
The Federal High Court in Abuja on Friday rejected an interim restraining motion filed by eNaira Payment Solutions Limited against ...
